#BlackOut Friday Weekend Sales Sunk By $5.2 Million from Last Year
#BlackOut Friday Weekend Sales Sunk By $5.2 Million from Last Year
Read below on their "supposed" survey.
Overall, 133.7 million people shopped in stores and online over the four-day weekend, down 5.2 percent from last year, according to a survey of 4,631 people conducted by Prosper Insights & Analytics for the trade group.
Total spending for the weekend is expected to fall 11 percent to $50.9 billion from an estimated $57.4 billion last year, the trade group estimated.
Part of the reason is that Target, J.C. Penney, Macy's, Wal-Mart and other major retailers pushed fat discounts as early as Halloween. Some opened stores even earlier on Thanksgiving. All that stole some thunder from Black Friday and the rest of the weekend.
Still, the preliminary data makes retailers worried that shoppers remain frugal despite improving employment and falling gas prices.See what some protestors had to say at The Root.
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