Saturday, December 1, 2012

Online Sales Rise Sharply on Black Friday

Black Friday Sales rise sharply online and decline mildly in traditional Brick and Mortar stores. 

Online sales still account for less than 10% of Holiday Sales but with increases of 26% continuing in the future it won't take long for the traditional retailers to feel the pain.  Traditional retailers had a slight drop of 1.8% albeit recording $11.2 Billion in sales versus $1.04 billion for the online market place.  Black Friday sales as a whole were up 9.2% over last year.  All signs point to a very strong holiday shopping season and a continued comeback of retail sales as a whole.  Check out the full length articles from the Huffington Post below
Online Sales

Holiday Retail Sales
 

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