3 Dec 2013

Black Friday Spending Down From Last Year

The Black Friday shopping weekend is almost over and shoppers are now taking a break from standing in lines to check the “Cyber Monday” deals online retailers are offering today. With stores opening earlier than ever on Thanksgiving Day this year, retailers were expecting record sales.

The National Retail Federation (NRF) today released its estimates for this weekend’s U.S. sales. Unfortunately for retailers, it appears that cash-strapped Americans were more thrifty this year than the last. The NRF numbers show that Black Friday weekend shoppers spend $407.02 on average – a drop from the $423.55 those same shoppers averaged in 2012.

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