Retailers celebrate strong start to Black Friday spending | WORLD
Logo
Sound journalism, grounded in facts and Biblical truth | Donate

Retailers celebrate strong start to Black Friday spending


Managers closed a mall south of Birmingham, Ala., early Thanksgiving night after several fights broke out among shoppers hunting for Black Friday deals. Police in the town of Hoover denied reports of gunfire outside the mall, saying firecrackers likely caused the popping sounds. Despite the early violence, retail analysts predict this year’s post-Thanksgiving shopping day will be one of the nation’s biggest in years. Online shoppers across the country had already spent $1.52 billion by Thursday evening, giving retailers hope for a strong finish to 2017. “The turnout is clearly better than the last couple of years,” said Craig Johnson, president of Customer Growth Partners. “The parking lots are full and the outlet malls are busy.” The National Retail Federation predicts sales in November and December will rise as much as 4 percent this year. Non-store sales, primarily internet purchases, could rise as much as 15 percent. Retailers make as much as 40 percent of their annual sales during the holiday shopping season.


Leigh Jones

Leigh is features editor for WORLD. She is a World Journalism Institute graduate who spent six years as a newspaper reporter in Texas before joining WORLD News Group. Leigh also co-wrote Infinite Monster: Courage, Hope, and Resurrection in the Face of One of America's Largest Hurricanes. She resides with her husband and daughter in Houston, Texas.


An actual newsletter worth subscribing to instead of just a collection of links. —Adam

Sign up to receive The Sift email newsletter each weekday morning for the latest headlines from WORLD’s breaking news team.
COMMENT BELOW

Please wait while we load the latest comments...

Comments