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Analysts: The Massive Dip In Black Friday Sales Numbers
Thursday, December 4, 2014 16:02
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The dust is starting to settle and the early numbers are rolling in. From all the indications we’ve seen, Black Friday was a huge failure for retailers around the country. Even though companies launched massive campaigns, rolled out lower-than-ever sales and opened their doors earlier than ever, it seems clear, the average American was tuning them out all along.
Retail sales were down by 11 percent on Black Friday. And the fallout is just starting.
Consumer spending makes up more than two-thirds of the U.S. economy. Where it goes, the economy follows. So today, we’re taking a closer look at what happened on Black Friday, and what it could mean moving forward …. http://investmentwatchblog.com
Source: http://luismmx.blogspot.com/2014/12/analysts-massive-dip-in-black-friday.html
