Shoppers back in Black Friday binge.


NEW YORK/MILWAUKEE, Wisconsin (Reuters) – Shoppers were back in a Black Friday bargain-binging mood, snapping up hoodies and computer laptops at stores, in a turnout that could give the economic recovery more steam.

 

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In contrast to the past two years, shoppers said they were buying more for themselves and less focused only on price, while also saying the deals were not as deep as in the past.

Teen shoppers were also out in force, another good sign for the holiday season between U.S. Thanksgiving Day, celebrated on Thursday, and Christmas on December 25, retail executives and analysts said. Consumer spending accounts for about 70 percent of the U.S. economy.

via Shoppers back in Black Friday binge – Yahoo! News.

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