"Recession, what recession?" That might have been the reaction to Monday'sreport that Black Friday sales were up 7.2 percent from last year and thatretailers were able to avoid the deep discounting of recent years. TheNational Retail Federation released a statement forecasting that 172 millionpeople either visited brick-and-mortar stores or shopped online over thefour days versus 147 million last year. The NRF reported that 36 percentbought consumer-electronic items, while 39 percent bought software to gowith them (and books}.

02/12/2008