Black Friday is Holding Strong, but not everyone benefits equally
Department Stores, Restaurants, Malls, all continue growing their traffic on Black Friday on a year over year basis. The growth rate has decelerated a bit, but it’s still in the healthy double-digit numbers, from an already high base.
Only Hotels showed negative growth, but less so than in prior years – a weighted average of -1% vs -3% and -2% in 2018 and 2017 respectively.
Below are a couple of graphs that illustrate the traffic.
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