Shoppers boost Black Friday sales

    Black Friday deals prompted shoppers to spend more than last year despite the shaky economy.

     

     

     

     

     

     

    Black Friday deals prompted shoppers to spend more than last year despite the shaky economy.
     
    After a great Thanksgiving feast with family and loved ones, there is one thing on everyone’s mind: shopping. The annual Black Friday shopping frenzy boasts amazing deals and since 2005, Cyber Monday offers the same for online shoppers–and consumers are taking full advantage.
     
    According to CNNmoney.com, early reports of this year’s Black Friday returns show more people came out to shop this year than did last. The economy has improved a little, so its speculated that people can afford to spend a few bucks here and there.
     
    According to figures by ShopperTrak, total sales for the day increased by 0.3 percent from last year to $10.7 billion. The number of shoppers also went up by 2.2 percent.
     
    The compan, which keeps track of sales and customers at over 70,000 stores, also reports that the cheap deals weren’t just limited to Black Friday. Companies started advertising sales earlier this month with doorbuster deals.
     
    “Retailers were very conscious of driving traffic early in November, and in doing so some might have thinned Black Friday spending a bit,” said Billy Martin, ShopperTrak founder, in a statement.
     
    Sales rose by 6.1 and 6.2 percent during the first two weeks of November. Resoursceful shoppers took advantage of these opportunities to stock up on holiday presents and pick up a gift or two for themselves.

     

     

    - Genet Lakew

     

     

     

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