Black Friday Sales Up 7 Percent Over 2010

The holiday shopping season got off to a strong start on Black Friday, with retail sales up 7 percent over last year, according to ShopperTrak. Now stores just have to keep buyers coming back without the promise of door-buster savings.

Buyers spent $11.4 billion at retail stores and malls, up nearly $1 billion from last year. It was the biggest amount ever spent on the day and the biggest year-over-year increase since 2007.

ShopperTrak gathers data from 25,000 outlets across the U.S., including individual stores and shopping centers.

ShopperTrak founder Bill Martin said buyers responded to price reductions. Sales were up several weeks before Black Friday as retailers began promotions even earlier than usual.

Martin said it remains to be seen if the pace will continue through the holiday season.

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  • by ralphie Location: ahoskie on Nov 27, 2011 at 08:33 AM
    inflation 11% population 7%, so a net LOSS.
    • reply
      by saywha? on Nov 27, 2011 at 04:29 PM in reply to ralphie
      ralphie, on what planet are you getting your numbers from? The current inflationary rate is roughly 3.5% (and that is well up from the last several years since as the economy slowly improves and more folks are spending money, goods get more scarce and prices thus rise) and with a 7% increase in sales over last year that means that the sales increased at twice the rate of inflation.
  • by DIXIECHICK Location: ENC on Nov 27, 2011 at 05:20 AM
    How much did the crime go up?
  • by Anonymous on Nov 27, 2011 at 04:40 AM
    Sounds good until you think how much inflation has gone up in the past year.
  • by Disgruntled(ex)Worker on Nov 27, 2011 at 03:31 AM
    The first time in my life there wont be any christmas tree(49 years).I will have to sale my Obama food card next month to buy some christmas for my kids.We will survive off bobcat,fox,and opposum so no problem as far as eating goes....Wonder what I can buy for two kids with $120.Thanks for your job creations and high inflation Obama.You are the best president of all times.Every day is a friday the 13th with you around...A comet can't come soon enough.
    • reply
      by Anonymous on Nov 27, 2011 at 04:41 AM in reply to Disgruntled(ex)Worker
      You are probably not the only one.
    • reply
      by Audra - SoCal on Nov 27, 2011 at 07:46 AM in reply to Disgruntled(ex)Worker
      My suggestion is that you buy $120 worth of food & warm clothing for your two kids. No one dies if they don't get a Christmas present. When things are that tight, it is not the time to be frivolous. Even when things are ok financially, you're not required to give gifts that are impractical. I can't figure out why people are so stuck in this mentality. My father has been self employed since before I was born. We were never rich enough to be careless because of a calendar date. Take care of needs.
    • reply
      by Formerly O.L.I. on Nov 27, 2011 at 09:27 AM in reply to Disgruntled(ex)Worker
      Sorry; this sounds like a 'made up' story here.
    • reply
      by Common Sense on Nov 27, 2011 at 10:33 AM in reply to Disgruntled(ex)Worker
      Wow, you complain but freely admit that you plan to ABUSE THE SYSTEM and break the law by selling your food card. No doubt the well-off merchant that buys your card will double his money at taxpayer's expense, and continue whining about "socialism" ruining the country. Ah, to be a conservative, the best of all worlds...
      • reply
        by Disgruntled(ex)Worker on Nov 27, 2011 at 01:13 PM in reply to Common Sense
        Did I say anything about socialism?I will say this.Capitalism is what made this country great.Even China is converting.Socialism has failed every where it has been forced.Look at Europe,Japan,and russia...I do have to agree with you on abusing the system part though.That's what Obama wants!
    • reply
      by Barlow on Nov 27, 2011 at 12:37 PM in reply to Disgruntled(ex)Worker
      What? Why if you don't have a job you must be lazy! There are lots of jobs, you just don't want one. You obviously are not reading this board enough or you would know that. Get your kids jobs too and they can buy YOU a gift. And I think you need to thank GW for your problem. The Obama adminstration created more jobs in 2010 than Bush did in all of his eight years as pretend president. Bush lost hundreds of thousands of jobs a month which is why it is taking us so long to get back.
      • reply
        by Disgruntled(ex)Worker on Nov 27, 2011 at 04:13 PM in reply to Barlow
        Sorry Barlow,If that is the case then why is the unemployment rate higher than it was under Bush.Why did your man say it would not go past8% if you pass this first stimulus?Why are more people on Obama food card than ever before?Why are groceries and everything else skyrocketing?Why is the dollar worth a quarter now.....Your man called Bush unamerican for spending $2.5 billion in 8 years and your man done the same exact thing in under 2 1/2 years.Whats up with that?BTW lazy I am not and I will add that I and millions more made more money under Bush than we ever made.Anybody that was or will be laid off during the Obama years will take at the least a 40% pay cut at any job they can find if they can find one....You must have a cushy tax paying government job.It sure sounds like it!Dont be mad at me if I dont pay any taxes to help support your job.I had a job everyday of life and payed into the system until your holly rightousness came along.
        • reply
          by Barlow on Nov 27, 2011 at 06:25 PM in reply to Disgruntled(ex)Worker
          Here let me make this easy for you. Unemployment is caused by people losing jobs. On his way out, Bush crashed the economy and hundreds of thousands of jobs were lost. The reason there is high unemployment is because we have not been able to get back the massive amount of jobs lost. We lost 700,000 jobs the last month Bush was in office alone.
  • by Slanted Figures on Nov 26, 2011 at 10:37 PM
    I'm sure the Chinese factory workers are jumping for joy.
    • reply
      by Barlow on Nov 27, 2011 at 03:21 AM in reply to Slanted Figures
      Unfortunately, you're right. The REAL job creators were out in force creating jobs for slave labor overseas. Not until this country brings jobs and corporate tax revenue home will there be prosperity here.
      • reply
        by Anonymous on Nov 27, 2011 at 04:40 AM in reply to Barlow
        Yep all that free trade that was promised to help this country so much.
      • reply
        by Disgruntled(ex)worker on Nov 27, 2011 at 08:01 AM in reply to Barlow
        Who cares about slave labor?Hell millions of americans used to do it up to 2 1/2 years ago and were happy to have a job.NOW NOTHING!
  • by Because the deals sucked on Nov 26, 2011 at 08:43 PM
    Thats because the stores actually had better deals the week before BF. They just used the door busters to lure people in to pay more for the same product a week later. Shame shame...
  • by saywha? Location: Washington on Nov 26, 2011 at 07:50 PM
    Well, considering the fact that consumer spending represents roughly seventy percent of our economy that this increase is a good thing. Do you hate capitalism?
  • by 40some on Nov 26, 2011 at 06:56 PM
    Add in inflation with the increase of minimum wage a couple of years ago and was the news all that good?
    • reply
      by 250 on Nov 27, 2011 at 02:51 PM in reply to 40some
      You forgot the sweetness of Auntie Bevvy to keep extending the handouts to those that can't read an application unless it is on their I phone.
  • by m on Nov 26, 2011 at 06:33 PM
    I guess the occupy peeps couldn't get their act together to interrupt this day. Oh so said
    • reply
      by Anonymous on Nov 27, 2011 at 03:24 AM in reply to m
    • reply
      by Anonymous on Nov 27, 2011 at 07:41 AM in reply to m
      Apples... oranges... what the heck are you talking about?

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