Thanksgiving weekend brings more shoppers, less spending

11/30/2009 | Reuters · Los Angeles Times (tiered subscription model)

Holiday shoppers filled the stores and visited retailers' Web sites during the Black Friday weekend in the U.S., but they spent about 8% less per person than last year, the National Retail Federation said. The data dashed hopes of a strong rebound for the full holiday-shopping season. "Shoppers proved this weekend that they were willing to open their wallets for a bargain," said Tracy Mullin, CEO of the National Retail Federation. Retailers "know they have their work cut out for them to keep people coming back through Christmas," Mullin said.

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Reuters · Los Angeles Times (tiered subscription model)

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