TGT241129P126000
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Target Newsroom
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
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Express News | Best Buy up 2%, Target up 1.5%, Nordstrom up 1%
Express News | Shares of U.S. Retailers up on Black Friday Shopping Day
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Black Friday Shopping Kicks Off in the US
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