Thanksgiving Weekend Sales Post Modest Gains
Green arrows pointed upward for the first four days of the Black Friday-Cyber Monday period, with Black Friday turning in a 3% gain according to Mastercard SpendingPulse data as a +9% result for e-commerce bolstered 1% growth in brick-and-mortar. The firm alluded to the NFL’s inaugural Black Friday games being a potential boon to online purchases over in-store. After recent growth in experiential gifts, 2023 saw jewelry and apparel take the top spots. Department store sales, however, lagged 2022.
Sensormatic Solutions cast a more positive light on in-store, however, as it found ... Log in to view full article.