Posted Tue Nov 29, 2011 at 07:00 AM PST by Dick Ward
Electronics are up across the board, with Blu-ray players and Blu-ray discs accounting for a good chunk of business.
Black Friday is always a big shopping day, but this year's post-Thanksgiving sale day was particularly good to the electronics industry if estimates are any indicator.
According to the National Polling Data Group (NPD) over 226 million shoppers converged on stores, up significantly from the 212 million last year. The estimate for money spent by these consumers exceeds $52 billion.
Of those that braved the lines and the cold, 40 percent bought electronics items - up from 37 percent last year. Those items include Blu-ray players and Blu-ray/DVD movies which were in the top three for home entertainment purchases.
Cyber Monday looks like it was good for the industry too, with 123 million Americans making purchases. Last year's number was just 107 million.
Source: Home Media Magazine
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