Black Friday Sales Slump As Retail Tracker Admits Holiday Season “Off To A Slow Start”, Blames Warm Weather

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zerohedge.com / by Tyler Durden / Nov 27, 2016 5:35 PM

Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as Reuters reports that stores offered discounts well beyond the weekend and more customers shopped online.

The National Retail Federation reports that spending per person over Thanksgiving Weekend this year was $289.19, down 3.4% from $299.60 in the same period last year.

Internet sales rose in the double digits on both days, surpassing $3 billion for the first time on Black Friday, according to data released on Saturday.

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