Black Friday Spending Totaled $52 Billion

Say what you want about Black Friday (the violence, the pepper spray, the waking up early), but you can’t deny its success — especially this year.  The average shopper spent $398.62 this past weekend, which is a huge jump from last year’s average of $364.34, according to the National Retail Federation (NRF).  Total sales for Black Friday weekend 2011 were $52 billion – a record.

[Check out these must have smartphone apps for holiday shopping!]

And a staggering 226 million people went to the stores – compared to 212 million in 2010 – more than half of the country was shopping!  And if you thought retailers were wrong to open up on Thanksgiving, get this: 28.7 million people hit the stores on Thanksgiving.

More than half of consumers bought clothing this weekend and nearly 40% purchased electronics.

Today is Cyber Monday, considered the largest Internet shopping day of the year – expect more sky high sales.

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