Black Friday sales results were up about 2% over 2009 statistics. Top sellers appear to have been electronics, apparel and moderately-priced jewelry. Most analysts still project a drop in sales for the holiday season, however, and profits have been hurt by sale prices.
Five-Year Black Friday Results
- 2004: $414.6 billion
- 2005: $435.6 billion
- 2006: $457.4 billion
- 2007: $460.2 billion
- 2008: $470.4 billion
- 2009: $480.2 billion
References
Fast Facts
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Fact:
Retailers expect to earn about 25-40% of their annual sales in November and DecemberMinneapolis Star Tribune: Twin Cities shoppers: Bargains, or bust (November 29, 2008)
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"Black Friday" refers to the fact that many retailers make a profit for the year on this day (that is, they go into the black)New York Times: All Eyes on Holiday Shopping Turnout in Bleak Economy (November 29, 2008)
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Fact:
Two men were shot to death on Black Friday 2008 in a dispute at a Toys "R" Us store in Palm Desert, CaliforniaNew York Times: All Eyes on Holiday Shopping Turnout in Bleak Economy (November 29, 2008)
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