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OmahaBlueDog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-26-11 11:52 PM
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Black Friday sales up 7 pct; retailers look ahead
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Source: AP/Yahoo

The holiday shopping season got off to a strong start on Black Friday, with retail sales up 7 percent over last year, according to the most recent survey. Now stores just have to keep buyers coming back without the promise of door-buster savings.

Buyers spent $11.4 billion at retail stores and malls, up nearly $1 billion from last year, according to a Saturday report from ShopperTrak. It was the largest amount ever spent on the day that marks the beginning of the holiday shopping season, and the biggest year-over-year increase since 2007. Chicago-based ShopperTrak gathers data from 25,000 outlets across the U.S., including individual stores and shopping centers.

The Mall of America in Bloomington, Minn. broke its Black Friday record for shoppers, thanks to a decision to open at midnight for the first time. Around 210,000 visitors came to the mall on Friday, up from 200,000 last year, according to mall spokeswoman Bridget Jewell.

Online shopping was strong as well, with a 24.3 percent increase in online spending on Black Friday, according to IBM, which tracks sales at 500 online retailers.

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  -Black Friday sales up 7 pct; retailers look ahead OmahaBlueDog  Nov-26-11 11:52 PM   #0 
  - at the cost of human lives and dignity though!  alp227   Nov-27-11 12:03 AM   #1 
  - The same things happen at soccer (futbol) games in Europe and South America  OmahaBlueDog   Nov-27-11 10:32 AM   #8 
  - I am happy to say all I bought on Black Friday was a coffee and Acai Bowl before heading to work.  Arctic Dave   Nov-27-11 12:09 AM   #2 
  - But doesn't such action hurt Obama's re-election chances?  _eh   Nov-27-11 02:15 PM   #27 
     - Not concerned how it affect Obama's re-election.  Arctic Dave   Nov-27-11 09:21 PM   #28 
  - Black Friday was big because people are WORRIED...  CoffeeCat   Nov-27-11 12:44 AM   #3 
  - They need to get better informed. There will be even better deals--  eridani   Nov-27-11 02:13 AM   #4 
  - Same story every year  durablend   Nov-27-11 07:18 AM   #5 
  - Yes, I remember that as well...  CoffeeCat   Nov-27-11 10:30 PM   #29 
  - Are you worried that it will make Obama look good? nt  zanana1   Nov-27-11 10:40 AM   #9 
  - WTF?  CoffeeCat   Nov-27-11 10:31 PM   #30 
  - I think the past four years have made everyone bargain hunters  OmahaBlueDog   Nov-27-11 10:41 AM   #10 
  - If most people used credit cards to pay the stats are meaningless  lunatica   Nov-27-11 08:54 AM   #6 
  - Companies spent megabucks saturating the airwaves with Black Friday ads.  qb   Nov-27-11 10:18 AM   #7 
  - Black Friday sales rose 6.6 percent: source  Synicus Maximus   Nov-27-11 12:28 PM   #11 
  - Now we will see how much is spent between now and Christmas  Angry Dragon   Nov-27-11 12:28 PM   #12 
  - They say this every year, then a couple of days later,  hobbit709   Nov-27-11 12:28 PM   #13 
  - Sales should be up  Epiphany4z   Nov-27-11 12:28 PM   #14 
  - LOL. "the strongest percentage gain since 2007"  PSPS   Nov-27-11 12:28 PM   #15 
  - ...and, I am proud to say, not a penny from me...  russspeakeasy   Nov-27-11 12:28 PM   #16 
  - How much of that was paid for with credit cards?  lunatica   Nov-27-11 12:28 PM   #17 
  - When you add 25% more shopping time you had better come up with gains  liberal N proud   Nov-27-11 12:28 PM   #18 
  - I contributed. I can't believe I paid $3 for a plain cup of coffee. nt  postulater   Nov-27-11 12:28 PM   #19 
  - In this economy that will mean  DJ13   Nov-27-11 12:28 PM   #20 
  - It isn't good for the 99%?? It's booming for me.  Response   Nov-27-11 12:28 PM   #21 
     - Hey, Im on the same air ship!  DJ13   Nov-27-11 12:28 PM   #22 
        - I'm having to ask friends for a loan just to fill the damn thing  Response   Nov-27-11 12:28 PM   #24 
  - i bought a black car on black friday!........  madrchsod   Nov-27-11 12:28 PM   #23 
  - If vehicle traffic is any indication.....  revolution breeze   Nov-27-11 12:38 PM   #25 
  - Proud to have bought absolutely nothing that day. Nt  krabigirl   Nov-27-11 01:04 PM   #26 
  - You're not getting it, folks  durablend   Nov-28-11 05:05 AM   #31 
  - Like last year..  sendero   Nov-28-11 05:32 AM   #32 
  - Shopping is a form of therapy for many who feel depressed.  DCBob   Nov-28-11 06:08 AM   #33 

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