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November 26, 2007
Black Friday Sales Surge 8.3% Over Last Year
Despite widespread concerns over the economy, Black Friday sales increased by 8.3% over last year, according to research by ShopperTrak.
However, the amount of money consumers spent over the Thanksgiving weekend declined to $348 from $360 last year.
Consumers were drawn in by promotions at discount chains, according to ShopperTrak.
In apparel, outerwear, cashmere and accessories such as hats, scarves and gloves performed well. Diamond jewelry was also a strong seller.
Posted by Blacks on November 26, 2007 09:21 AM
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