Macy’s & Kohl’s Are Top Performers in Retail: Analyst

Black Friday and Thanksgiving weekend sales were a record. According to the National Retail Federation (NRF) for a total of 226 million shoppers spent $ 52.4 million, up from $ 45 million last year, a jump of 16%. What’s more, sales were gains in all categories, if not all retailers.

One of the highlights of the weekend results were Macy (M) where 40% more people waited outside the flagship store in Herald Square in Manhattan society. According to CEO Terry Lundgren of Macy, customer enthusiasm was all part of what we are calling the strongest year the company in a decade.
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