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Some Black Friday And Cyber Monday reports
  • National Retail Federation reported absolutely abysmal numbers: sales during the four-day Thanksgiving holiday period crashed by a whopping 11% from $57.4 billion to $50.9 billion, confirming what everyone but the Fed knows by now: the US middle class is being obliterated, and that key driver of 70% of US economic growth is in the worst shape it has been since the Lehman collapse, courtesy of 6 years of Fed's ruinous central planning.

    Demonstrating the sad state of America's "economic dynamo", shoppers spent an average only $380.95, down 6.4% from $407.02 a year earlier.

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  • Online retail sales on Sunday were up 18 percent from a year earlier but amounted to the slowest growth pace so far in the intense holiday shopping period that started Thursday.

    Amazon.com, Inc.'s AMZN 0.16% sales Sunday grew 23.8 percent Sunday, the fastest pace of six "channels" tracked by ChannelAdvisor.

    The company is calling the period from Thanksgiving to December 1 the "Cyber Five Days," in a variation on the term Cyber Monday, coined in 2006 by the National Retail Federation.

    Amazon's growth pace slowed from 45.9 percent Saturday, according to ChannelAdvisor.

    http://www.benzinga.com/analyst-ratings/analyst-color/14/12/5047071/channeladvisor-cyber-sunday-sales-up-18

  • With research figures showing only about 133 million people visited physical retail stores or purchased products via the Internet during the Thanksgiving holidays in 2014, down 5.2% from 2013, and overall sales dropped 11% on year to reach only US$50.9 billion during the period, component suppliers are concerned about their brand clients' estimated shipments for the end of 2014 as Black Friday sales were not as strong as originally expected.