Consumers Spent $10.3 Billion on Black Friday
posted 7:49 pm Sun November 25, 2007 - Little Rock
Despite rising gas prices and other economic pressures, those factors did not stop holiday shoppers from spending $10.3 billion dollars on Black Friday.
That's 8.3 percent more than they did this time last year. Consumers flocked to Toys "R" Us, Wal-Mart, Macy's and other retailers in the pre-dawn hours of Black Friday to find early-bird bargains.
According to Shopper-trak Corporation, the day after Thanksgiving accounts for nearly 5 percent of all holiday sales.
Black Friday got it's name because at one time it was considered the day retailers turned profitable for the year.
According to Shopper-trak Corporation, the day after Thanksgiving accounts for nearly 5 percent of all holiday sales.
Black Friday got it's name because at one time it was considered the day retailers turned profitable for the year.
Latest Comment on Consumers Spent $10.3 Billion on Black Friday
Jackie "O"
2:59 pm on 11/26/07
Yeah, It's just hype I bet half of that amount was spent on GAS getting back and forth to those stores. As for me and my household we will celebrate the true meaning of christmas this year!! That is the birth of our lord and savior Jesus Christ. Sure we'll exchange some gifts, but I refuse to spend as I have in year's past, mostly because I simply can't afford it.
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