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11/26/10

US ECONOMY: Deals, what deals? U.S. consumers unimpressed by 'Black Friday' discounts

Despite the Black Friday hoopla, there are still four more weeks until Christmas. With consumers showing a tendency to do much of their shopping at the last minute, analysts say Black Friday is not a strong predictor for the season as a whole.

Initial data on Friday traffic and sales are expected in the next two days from industry groups. Retailers report November sales results next Thursday.

FOR MORE: Deals, what deals? U.S. consumers unimpressed by 'Black Friday' discounts

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