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ShopperTrak: Sales on Thanksgiving and Black Friday rise just 2.3%
ShopperTrak: Sales on Thanksgiving and Black Friday rise just 2.3%

U.S. retailers eked out a 2.3% sales gain on Thanksgiving and Black Friday, in line with a prediction for the weakest holiday results since 2009. Sales at bricks-and-mortar stores on Thanksgiving and Black Friday increased to $12.3 billion, according to a report Saturday from ShopperTrak. The Chicago researcher reiterated its prediction that sales for the entire holiday season will rise 2.4%, the smallest gain since the last recession. Retailers offered more and steeper deals that, although attracting shoppers, may hurt fourth-quarter earnings. Many consumers showed up prepared to zero in on their favored items while shunning the impulse buys that help retailers' profits. ...

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