Scalper1 News
Retail stocks soured Monday, following a Black Friday weekend that kicked off on Thanksgiving Day for many vendors. All 18 retail groups tracked by IBD saw losses, following disappointing weekend sales numbers from the National Retail Federation. The number of shoppers during the four-day weekend dipped 5.2% from last year’s level to 133.7 million, the trade group said, with total spending expected to fall 11% to $50.9 billion. Consumer Scalper1 News
Scalper1 News