Retailers Gear Up For Black Friday


This post first appeared on FloatingPath

Store sales for the week ending November 9 were little changed from the week prior. Both leading weekly store sales reports note lower gas prices as a driver, but that this may be the quiet before the storm as retailers are gearing up earlier than ever for Black Friday, offering early promotions and announcing extended hours.

The ICSC-Goldman store sales index was up 2.3% year over year from up 1.9% Y/Y the week prior.

The Redbook store sales index was up 3.3% year over year from up 3.8% Y/Y/ the week prior.

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Floating Path
Floating Path explores economic and cultural phenomena. Floatingpath hopes to educate, inspire and provoke.