BUT BLACK FRIDAY WEEKEND HURT CATALOGERS
The statistics tell us the consumer retail holiday season has started off with a bang. Black Friday total four day weekend sales were $52.4 billion, up from $45 billion last year. That’s the best year over year sales increase since 2007. For Black Friday alone, sales of $11.4 billion, up 6.6% over last year, and foot traffic was up 5.1%, in part fueled by earlier openings this year and lots of promotional offers.
Additionally, Black Friday....