The results highlight year-over-year retail dollar volume growth on Thanksgiving and Black Friday, because 5.6% more retailers started the holiday shopping season earlier and consumers took advantage of the opportunity to find bargains. (Note: top performing categories were building material, garden equipment and supply dealers, and clothing and clothing accessories.)
During the Thanksgiving to Black Friday period in 2012 average retail ticket growth turned around from a -0.9% drop in 2011 to a positive step of 1.9%. The jump in average ticket prices also reflects the strengthening position of merchants who did not have to offer incentives at the expense of profits.
A summary of the findings is below:
Overall Retail Growth Rates
|
CHANGE
|
Dollar Volume | +5.6% |
Transaction | +3.6% |
Average Ticket | +1.9% |
Note: All transactions are same-store growth.
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