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SA Asks: Which Retail Stocks Will Win or Lose This Holiday Season?
Black Friday sales accelerating, cni online consumption index becoming a highlight
Retail sales increased by 3.4%, in-store shopping increased by 0.7% after inflation, usa consumers are seeking cheaper goods this year, sales on Black Friday in the usa grew faster, highlighting that picky consumers are still spending when they find the right products. According to mastercard SpendingPulse data, the day after Thanksgiving (start of the traditional holiday shopping season), retail sales (excluding autos) increased by 3.4%. This number exceeded last year's growth and was not adjusted for inflation. In-store sales increased by 0.7%, below last year's pace. E-commerce is a bright spot.
Black Friday Spending Hits $10.8B, Keeping up the Holiday Season's Record-setting Pace
Shoppers Spent $11.3M Per Minute Online on Black Friday
Express News | Adobe Analytics Says Consumers Spent $10.8 Billion Online on Black Friday in the US, up 10.2% YoY
Target Corporation's (NYSE:TGT) Institutional Shareholders Had a Great Week as One-year Returns Increased After a 5.8% Gain Last Week
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