Black Friday Weekend Sales Hit $45 Billion
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Nov 29th 2010 6:44AM
Updated Nov 29th 2010 8:54AM
Shoppers spent a total of $45 billion over the Black Friday weekend, with the average shopper increasing spending by 6.4%. A total of 212 million shoppers visited stores and websites over the weekend, compared with 195 million last year, the National Retail Federation said. The average shopper spent $365.34, compared with $343.31 a year earlier.
The figures are a positive signal for the holiday shopping season.
The number of shoppers who visited discount retailers fell to 40.3% from 43.2%, a sign that consumers are more interested in big-ticket purchases. The number of shoppers buying jewelry rose to 14.3% from 11.7% last year.