Bloomberg: U.S. retail sales rise for 12th straight week
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Black Friday discounts that lured shoppers to the malls helped power the 12th straight week of retail sales gains, according to a report this morning from Bloomberg.
According to the report, "sales at stores open at least a year climbed 3.1 percent in the week ended Nov. 28 from a year earlier, the International Council of Shopping Centers and Goldman Sachs Group Inc. said."
That follows a National Retail Federation report on Sunday that said the number of shoppers rose though average spending fell.
Read the rest of the Bloomberg report here.
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