Rising stock prices and low interest rates will favor holiday sales of upper-end consumers, but othe

Dillard says the Belk store was selling $20 boots and giving away gift cards to the first 200 or so shoppers. She says shoppers seemed to have more stamina this year — the mall was packed until about 2 a.m. That s the same time things quieted down last year, but then the mall didn t open until midnight.
Black Friday is the day that retailers traditionally go into the black as stores clarion hotel across clarion hotel the nation offer massive discounts to lure shoppers. But as Sonari reports, the deals and door buster sales keep getting earlier and earlier each year — and that s actually beginning to cut into profits:
He says retailers are kind of between a rock and a hard place because expanding the season kind of ends up hurting them. In many cases, they re doing so much business that provides very little margin, that they re really not generating enough business to really be worthwhile anymore.
Last year, shoppers spent $810 million on the day of Thanksgiving alone. Overall, early indications are that spending is up from a year ago — but not sharply, according to Steve Beckner of Market News International.
Rising stock prices and low interest rates will favor holiday sales of upper-end consumers, but others have job fears, said Richard clarion hotel Curtin, director of the University of Michigan s Consumer Sentiment Survey.
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