Black Friday Sales Rise 3% Despite Economy

Despite businesses' concerns of lower sales due to the economic recession, national Black Friday sales were 3% higher than last year's according to a ShopperTrak report.

Possible Explanations:

1. Many going-out-of-business sales
2. Larger discounts in 2008 compared to previous years
3. Shoppers choosing to spend only on the big sale days and not over a prolonged period