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Latest Business News

Signs of life in stores as holiday shopping begins

Friday, November 27, 2009 10:50:39 PM
By ANNE D'INNOCENZIO

Graphic shows annual and holiday season U.S. online retail revenue sinceThe nation's shoppers took advantage of deals on toys and TVs with some renewed vigor in stores and online on Black Friday after a year of concentrating their spending on basic necessities.

Though the first numbers won't be available until Saturday, early reports indicated bigger crowds than last year, with people buying more and even throwing in some items for themselves.

It was an encouraging sign for retailers, which have suffered through a year of sales declines, and perhaps also for the broader economy, which could use a kickstart from consumer spending.


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