Consumers spent more money on Black Friday this year than any previous year. Retail sales were up 6.6%. A total of $52.4 billion was spent over the four-day weekend. Shopping Centers saw a drastic increase in shoppers looking for good deals. Shopping Centers opened stores earlier than ever to accommodate the crowd. Consumers were ready to shop. Retailers gain 20% of annual sales from Black Friday. The strong results are good news for landlords, retailers, and the economy in general. Retailers expect to see strong sales through the end of the holiday season.
thanks for share!
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