Word: weekender
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...National Retail Federation (NRF) estimates that 195 million people visited stores and websites over the Black Friday holiday weekend, up from 172 million last year. However, shoppers spent less, with average spending dipping 8%, to $343.31 a person from $372.57 a year earlier. Total spending over the holiday kickoff weekend reached $41.2 billion, up only slightly from $41 billion a year...
Scott Krugman, an NRF vice president, sees Black Friday as a barometer for consumer sentiment but says it's not a slam dunk for how the rest of the holiday season will go. Last year, for example, shoppers spent 7% more over the Black Friday weekend than they did the year before. Yet holiday sales ultimately fell 3.4%, he notes. (See TIME's 2009 Holiday Gift Guide...
Online sales fared considerably better this past weekend. ComScore, a digital research firm, estimates that cyber sales on Black Friday totaled $595 million, making it the second heaviest online spending day so far in 2009 and up 11% from Black Friday 2008. PayPal said it saw a 20% increase in the amount of money people spent using PayPal to purchase items this Black Friday from last year and a 140% spike in the volume of payments made by mobile phones. The mobile-phone transaction increase indicates that buyers shopping at brick-and-mortar sites were likely price-checking items with...
...Twilight Saga: New Moon, $42.5 million weekend, $66 million five days; $230.7 million, second week 2. The Blind Side, $40.1 million weekend, $57.5 million five days; $100.3 million, second week 3. 2012, $18 million weekend, $25.6 million five days; $138.8 million, third week 4. Old Dogs, $16.8 million weekend, $24.1 million five days; first week 5. A Christmas Carol, $16 million weekend, $22.6 million five days; $105.4 million, fourth week 6. Ninja Assassin, $13.1 million weekend, $21 million five days; first week 7. Planet 51, $10.2 million weekend, $13.9 million, five days; $28.5 million, second week 8. Precious, $7.1 million...
...ever wanted to Tweet, Facebook, Digg, blog, e-mail, and FML all in one post, Dantoon is the place to do it. The social networking site, open only to Harvard students for now, was originally launched on Nov. 11 but redesigned and relaunched last weekend with a new home page. Find out how it works after the jump...