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U.S. Black Friday Sales Disappoint, Double Digit Drop in Holiday Spending Predicted

Posted by Paul Fulton on Dec 5, 2014 4:37:00 PM

Early reports from the National Retail Federation indicate a disappointing Black Friday weekend for U.S. retailers. Previous forecasts expected Black Friday sales to achieve record numbers, but according to the Thanksgiving Weekend Spending Survey conducted by Prosper Insights & Analysis, weekend sales actually dropped by more than 5 percent.

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