Sunday, November 27, 2011

Black Friday

Even with poor economic conditions, US consumers managed to create record Black Friday sales, pushing it up 6.6% from last year.

Which companies are likely to profit? The largest retail chain in the world, Wal-Mart (WMT) comes to mind. If the following video is any indication, there was foot traffic.

Wal-Mart is also helped by recent developments in India where it is now allowed to start operating. Previously foreign retailers were not allowed to operate in the Indian market.

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