Total Thanksgiving weekend spending declined 11% to $50.9 billion, according to the National Retail Federation (NRF). Stores saw about 6 million fewer shoppers than expected. The decline was especially disappointing because analysts had predicted the biggest holiday shopping season of all time. Sluggish sales could indicate that despite lower gas prices, middle-class Americans are continuing to struggle.
Posted on: Tue, 02 Dec 2014 02:43:47 +0000