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Black Friday sales rise 7 percent as shoppers flock online and in stores
Holiday shopping kicks off with 7 percent higher retail sales versus last year, with buyers spending 11.4 billion on Black Friday. Mall of America shattered attendance records at midnight opening, while online spending surged 24.3 percent. Analysts expect slower momentum ahead as promotions fade and consumers balance discounts with wallet concerns.
MENTIONED IN THIS ARTICLE
ShopperTrak
U.S
Mall of America
Bloomington
Minn
Bridget Jewell
IBM
Bill Martin
Martin
Associated Press
Pioneer Place Mall
Portland
Ore
Mary Jane Canan
Corvallis
Crabtree Valley Mall
Raleigh
N.C
Mary Aker
Aker
Patricia Harrington
Betty Thomas
Laverne Kelly
Kelly
FedEx
Thomas
Kinston
New York
Soho
Walmart
Phoenix
San Leandro
Calif
Fayetteville
Sacramento
N.Y
Long Island
Greg Rossiter
Jacob Jacoby
New York University
Jacoby
Williams
Groupon
LivingSocial
Doorbusters
Ed Fox
Southern Methodist University
Dallas
Fox
Colma