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CHICAGO (AP) - The nation’s retailers got a much-needed sales boost during Black Friday’s traditional shopathon as consumers spent more money than they did last year.
According to preliminary data released Saturday, sales on the day after Thanksgiving rose to $10.61 billion.
That’s up almost 3 percent from last year’s sales of $10.3 billion.
The preliminary figures are from ShopperTrak RCT Corp., a Chicago-based research firm that tracks sales at more than 50,000 retail outlets.
While it isn’t a predictor of overall holiday season sales, the day after Thanksgiving has become an important barometer of people’s willingness to spend during the holidays.
Last year, the so-called Black Friday was the biggest generator of the season.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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