Thanksgiving Retail Take: $28 billion

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00017414-thanksgiving-retail-take-28-billion/

By August Cole, MarketWatch

Holiday shopping over the long Thanksgiving weekend generated almost $28 billion in sales, a 22% increase that still puts spending on track to total $439.5 billion, according to survey data released by the National Retail Federation.

Discounts helped drive sales, the industry trade group said, citing a survey by BIGresearch. On that day, more than 60 million people went shopping, a tempo that eased Saturday with 52.8 million people. Saturday’s traffic, however, was still 13% higher than a year ago.

For this complete story, please visit Thanksgiving Retail Take: $28 billion.

Thanksgiving Retail Take: $28 billion

Unknown Author

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