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Retailers Make Historic $34.4 Billion During Super Saturday Sales
[Breitbart] Shoppers gave retailers a massive boost Saturday by making it the biggest sales day in U.S. retail history.

Super Saturday sales reached $34.4 billion thanks to a booming economy and more jobs, according to retail research firm Customer Growth Partners.

"Paced by the ’Big Four’ mega-retailers ‐ Walmart, Amazon, Costco and Target ‐ Super Saturday was boosted by the best traffic our team has seen in years," said the firm’s president, Craig Johnson.

Johnson noted that stronger household finances have "put consumers in a buying mood this season," adding that more of them are shopping online, which has accounted for a 58 percent sales growth compared to last year.

The weekend record beat out Black Friday’s $31.2 billion and Cyber Monday’s $19.1 billion, a Fox Business report said.

In November, incomes rose by half a percentage point, which caused consumer spending to rise at a 0.4 percent annual rate, according to Breitbart News’s John Carney.

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Posted by: Besoeker 2019-12-25
http://www.rantburg.com/poparticle.php?ID=559339