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RetailNext: Black Friday no longer top retail sales day
SAN JOSE, Calif. - Black Friday no longer reigns as the biggest shopping day of the year, RetailNext reported Thursday.
That honor is now expected to be held by Dec. 23, as holiday shoppers fill their baskets with last-minute gifts to contribute to the biggest shopping day in terms of sales. The busiest shopping day in terms of store traffic - Super Saturday, Dec. 17 - is expected to be driven by shoppers who don't literally wait until the last moment when it comes to gift gifing.
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PwC: Mobile devices will drive 10% lift in overall holiday spend
NEW YORK - Holiday spending is expected to reach its highest point since the Great Recession, increasing 10% compared with the 2015 holiday season to an average of $1,121 each, according to PwC's 2016 Holiday Outlook released Tuesday. And consumers with annual household incomes less than $50,000 will likely increase their percentage spending levels even more than consumers overall.