Retailers Hope For Improved Shopping Season
By Bruce Hagevik, NewsRadio 830 WCCO
MINNEAPOLIS (WCCO) -- Some analysts say Black Friday began two or three weeks ago. Black Friday is the start of the holiday shopping season which accounts for a large percentage of annual sales for most retailers. Traditionally it's the day after Thanksgiving.
NewsRadio 830 WCCO's Bruce Hagevik Reports
Podcast
"We did see some values come down early this year," said Brian Steinhoff, who is president of the Minnesota Retailers Association. "I think that's the under-card and the main event starts this Friday."
Steinhoff said he expects sales this holiday season to be 2.5 to 3.5 percent higher than last year. He said many retailers have the "sense" that consumer confidence has risen slightly.
He notes that Christmas falls on a Saturday this year, so retailers will miss out on one weekend of shopping.
