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Black Friday vs. Cyber Monday: consumer spending.(SHORT Takes)
Consumer spending was foremost on the minds of many business executives at the close of 2008.
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According to NPD, provider of consumer and retail market research information, spending on Black Friday (the day after Thanksgiving) fell 8.4%, to $2.03 billion, at retail stores compared with the same day a year ago. To lure customers, stores opened earlier and offered "buy one, get one free" deals.
As for online sales, comScore reported that $19.44 billion was spent online through ...
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