Black Friday, Cyber Monday – Results Mixed

Posted by the dood on Monday, November 30th, 2009

As we look back at this recession, we (at least I) hope to see encouraging Black Friday and Cyber Monday sales – indicators that we are passed the recession and are on a solid road to recovery.

Online sales reports have been in, and we are seeing an 11% rise in sales from last year in online sales on Black Friday, but brick and mortar sales reports from Time Magazine are showing a decline by 8% in sales per person, even though more people showed up looking for deals. However, actual sales volume did increase by approximately 1%.

This does enforce the growing trend that online spending will continue to increase, especially where budget-concious shoppers are concerned. The online discounts continue to roll in as Cyber Monday, the busiest shopping day in online sales, goes on.

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