Sunday, 30 November 2014

Data: Bricks-and-mortar holiday sales edge lower, online surges

Black Friday advertisements are seen in the bottom of a shopping cart outside a shopping area in Westbury, New York (Reuters) - U.S. shoppers spent slightly less money at brick-and-mortar stores on Thanksgiving Day and Black Friday than across the same two days in 2013, while online sales surged to record highs, data showed on Saturday. Sales at retail stores totaled about $12.29 billion on Thursday and Friday, down 0.5 percent from the $12.35 billion spent last year, according to estimates by ShopperTrak. The research firm stuck by its forecast for November and December sales to increase 3.8 percent. ...








from Yahoo News - Latest News & Headlines http://news.yahoo.com/bricks-mortar-sales-edge-lower-start-holiday-season-000828754--business.html

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