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Black Friday Sales Rocket As Shoppers Buy Online and Stay Home

·3 min read
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Shoppers took advantage of Black Friday deals as many retailers started discounts earlier this month. Preliminary data from Mastercard showed that Black Friday shopping increased by 29.8% through 3 p.m. ET from 2020, as consumers embraced deals online and from in person deals. "Retail spending has been on the rise throughout the day and it speaks to the strength of the consumer," said Steve Sadove, senior advisor for Mastercard and former CEO and Chairman of Saks Incorporated.