Yes, it was a big weekend for retailers
Yes, it was a big weekend for retailers
U.S. retailers racked up a record $52.4 billion in sales over the Thanksgiving weekend, a 16.4 percent jump from a year ago, the National Retail Federation said. Overall, a record 226 million shoppers visited stores or online shopping sites Nov. 24-27, up from 212 million last year, according to a survey conducted for the federation by BIGresearch. Analysts and investors said Best Buy Co. Inc., Wal-Mart Stores Inc. and Macy’s Inc. showed the most momentum out of the holiday shopping season gate, Reuters reported. Web sales on Black Friday surged 26 percent to $816 million and 18 percent to $479 million on Thanksgiving Day, according to research firm ComScore, Bloomberg reported.
U.S. retailers racked up a record $52.4 billion in sales over the Thanksgiving weekend, a 16.4 percent jump from a year ago, the National Retail Federation said. Overall, a record 226 million shoppers visited stores or online shopping sites Nov. 24-27, up from 212 million last year, according to a survey conducted for the federation by BIGresearch. Analysts and investors said Best Buy Co. Inc., Wal-Mart Stores Inc. and Macy’s Inc. showed the most momentum out of the holiday shopping season gate, Reuters reported. Web sales on Black Friday surged 26 percent to $816 million and 18 percent to $479 million on Thanksgiving Day, according to research firm ComScore, Bloomberg reported.