Wednesday, November 24, 2010

Black Friday Deals Expected to Boost Consumer Spending and Retail Business; Holiday Sales Expected To Rise and Increase Economic Recovery Potential

dow2664

Retailers are preparing for the beginning of the holiday shopping season in the U.S. and it all begins this week. Black Friday is the name given to the Friday that falls after Thanksgiving. It is the day that many retailers expect to see their sales increase and take their books out of the red ink and into the black ink. Analysts are closely watching the outcomes from this weekend to determine if this holiday shopping season will give a positive boost to the economy in America and help the overall economic recovery. Predictions are positive as indicators are revealing that consumer spending will be more than it was at this time last year. Black Friday is expected to be just the beginning of a successful holiday shopping season. The season is generally about six weeks long and the traditional start is Black Friday, this November 26th. Consumers are expected to come out in droves this year and consumer spending is expected to increase as some analysts are predicting that consumer spending will increase approximately 3% this year compare to last year at the same time. Toy R Us is so excited that they are posting that some stores will open early on Thanksgiving night at 10 p.m. Old Navy is opening at midnight on Friday morning and Kohls is opening at 3 a.m. Target and Walmart are offering free shipping. Retailers are excited to begin the rush and expectations are positive. Markets are trending green right now and the hope is that this trending will continue through the holiday weekend. Author: Stephen Johnson

Black Friday Deals Expected to Boost Consumer Spending and Retail Business; Holiday Sales Expected To Rise and Increase Economic Recovery Potential



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