Black Friday Weekend Sales Jump on Gains in Job, Wage Growth
Shoppers walk through The Mall at Short Hills shopping center in Short Hills, New Jersey.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
Americans ratcheted up their holiday spending over the four-day weekend, driving sales up 5.4% to $68.9 billion from a year ago, according to Customer Growth Partners LLC.
Walmart Inc., Amazon.com Inc., Costco Wholesale Corp. and Target Corp. paced the “stellar” growth during the Black Friday weekend, said Craig Johnson, president of the consulting firm that has tracked holiday spending since 2005.