Tuesday, August 7, 2012

Black Friday: Best Buy, Macy’s Both Upbeat

My colleague Eric Savitz notes over on the Tech Trader Daily blog that Best Buy’s (BBY) CEO is upbeat about an increase in store traffic this Black Friday compared to last. Meantime, Macy’s (M) CEO Terry Lundgren went on Fox Business News this morning touting the 5,000 shoppers who lined up outside the company’s flagship store in the early hours, one of many “very good signs” for this holiday season, he said.

Previously: Retail Shines Amidst Market Slump, November 27, 2009.

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