Retail Sales On Black Friday!
Retail behemoth Wal-Mart Stores Inc. (WMT) is jumping the Black Friday gun by starting its sales a day earlier, Walmart Black Friday Ad Announced 12 Days Early. Holiday activity provides about 20 percent of retailers' annual sales every year. If Black Friday 2011 is anything like 2010, retailers are going to be swimming in cash while shoppers bathe in savings. Black Friday deals drew 212 million shoppers to stores in 2010 and collectively spent $39 billion on products and services. The average amount spent by a Black Friday shopper in 2010 was a whopping $365.34! We predict Black Friday 2011 Sales will surpass all records with a 20% increase over 2010. Black Friday Ads is home to Black Friday 2011, featuring Black Friday.
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