Black Friday personal-care sales up
This article was originally published in The Rose Sheet
Executive Summary
According to the National Retail Federation, purchases of personal-care products as gifts over Black Friday weekend (Nov. 26-29) were up 12.6% from last year. In a release issued Nov. 29, the federation reported that the overall number of shoppers was up 23 million from 2008 to 195 million this year, but average spending dropped $29.26 to $343.31 per person. Nearly half of all shoppers visited at least one department store, and 43.2% shopped at discount stores. "In an economy like this one, every retailer wants to be a discounter," NRF President Tracy Mullin said. "Department stores have done an admirable job touting both low prices and good quality, which are important requirements for holiday shoppers.