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Black Friday: Bargain-hunting mobs on the rampage

2011-11-28 10:30 by
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Online sales rose faster than expected in the US on Black Friday, according to surveys. Internet sales totalled $816m (£524m), a 26% more compared to last year, said comScore. IBM Coremetrics put the rise at 24%.

"Despite some analysts' predictions that the flurry of brick-and-mortar retailers opening their doors early for Black Friday would pull dollars from online retail, we still saw a banner day for e-commerce with more than $800m in spending," said comScore chairman, Gian Fulgoni.

"With brick-and-mortar retail also reporting strong gains on Black Friday, it's clear that the heavy promotional activity had a positive impact on both channels," he added.

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