Print
Email
Share

Report: Black Friday spending up 0.5 percent

Report: Black Friday spending up 0.5 percent

Report: Black Friday spending up 0.5 percent

by Associated Press

KING5.com

Posted on November 28, 2009 at 12:11 PM

Updated Saturday, Nov 28 at 12:11 PM

CHICAGO - A research firm says shoppers spent only slightly more in stores this Black Friday than they did last year.

Fresh signs of much stronger online sales during the traditional holiday shopping kickoff mean more might have shopped from home.

Preliminary sales data show shoppers spent $10.66 billion when they hit the malls on the day after Thanksgiving. That's 0.5 percent more than last year.

The figures were compiled by ShopperTrak RCT Corp., a Chicago research firm that tracks sales at more than 50,000 stores.

J.C. Penney on Saturday said business was "strong" nationwide. And QVC, which markets products on television and online, said Black Friday sales totaled $32 million, up almost 60 percent from last year.

Web marketing analyst Coremetrics says the average amount online shoppers spent on Black Friday rose 35 percent.

Black Friday is seen as an important barometer of consumers' willingness to spend during the holidays.

Print
Email
Share

To add a comment, please register or login.

1000 characters remaining

Submit

We welcome your comments on this story's topic. Off-topic comments, personal attacks, and inappropriate language may be flagged and removed, and comment privileges blocked, per our Terms of Service. Thanks for keeping the comments space respectful.

Privacy Policy

You have indicated this comment should be removed.

Close

The comment has been submitted for review. Thank you .

Comments: Displaying 1 - 3 of 3

sp2009 said on November 29, 2009 at 11:20 AM

Yes more socialism... thats the answer!!

32811284
Flag this comment

jackwong said on November 28, 2009 at 6:08 PM

This is awesome news! It's definitely a sign of a recovery. I hope people would just drop their pessimism like me, and start re-entering the market with their 401k's and up their contributions to make up for their lost time of the fearful last 12 months. President Obama could propose more stimulus to help the economy too....!

32787519
Flag this comment

heyler7 said on November 28, 2009 at 1:32 PM

That isn't good news, considering most folks won't be spending anymore money after black Friday on gifts!

32781186
Flag this comment

Forgot Password?

Don't have an account?

Register Now

Member Benefits

Link your account to your Twitter or Facebook account for easier login!

Link your account to your Facebook profile Link your account to your Twitter profile

Check box to receive Free Special Offers

* - Indicates required field

Check box to receive Free Special Offers

Connecting to

You may need to allow pop up window for this step of registration

Just one more step:

Please take a moment to review the available e-mail newsletters has to offer. Place a checkbox next to the newsletters you wish to subscribe to.

Welcome.

Thank you for becoming a member of KING5.com. You now have full access to the best local coverage and late breaking news from KING5.com. Soon you will be redirected to the page you were seeking, and a confirmation email will be delivered to you.

You will need to respond to the confirmation e-mail for your account to be activated.

KING5.com is dedicated to bringing you exceptional news and outstanding information services, all while personalizing it to your liking. We're sure you'll enjoy being a KING5.com member! If you need assistance, please contact us.