Tag Archives : National Retail Federation

Thanksgiving Weekend: higher retail sales but lesser shopping spending

Thanksgiving Weekend: higher retail sales but lesser shopping spending

It seems that Thanksgiving knows no recession. Thanksgiving weekend retail sales came up to a whopping total of $41.2 billion, beating the 2008 haul by $1.2 billion. The amount is a .5% increase over last year’s $41 billion. However, ‘the average shopper spent 8% less than in 2008, $343.31 against $372.57.’ Consumers were still wary and cautious [...]