What's going on at various stores on the traditional start to the holiday shopping season
NEW YORK (AP) — Before some people opened their eyes, Black Friday was already well underway.
The traditional kickoff to the holiday shopping season has become a two-day affair, with more stores opening before people put down their turkey legs on Thanksgiving. There's good reason for the creep; businesses know shoppers will only spend so much, and they want the first crack at grabbing those holiday dollars.
Still, millions of Americans headed out in search of steep discounts on Black Friday, the traditional start to the annual shopping binge. The National Retail Federation forecasts holiday sales will grow 4.1 percent to $616.9 billion — the highest increase since 2011.
The holiday shopping season is a make-or-break time for many retailers, which can get as much as 20 percent of their annual sales during the time. Already, retailers have resorted to steep discounting to lure shoppers.
Copyright 2014* Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted on Fri, November 28, 2014
by Associated Press