Steve Rothwell

Thanksgiving Day is no longer all about turkey: It’s eating away at Black Friday shopping. U.S. shoppers spent $9.74 billion on Black Friday, the day after Thanksgiving. That’s a drop of 13.2 percent compared with last year, according to data released on Saturday by research firm ShopperTrak. The decline appears to show that more Americans shopped on the holiday itself: Combined spending on Thanksgiving and Black Friday, which had been considered the official start to the holiday buying season until this year, rose 2.3 percent to $12.3 billion. The data reflects that Thanksgiving, which along with Christmas was one of two days a year that most stores were closed, is … Continue reading Steve Rothwell