View the report here: http://www.capitalaccessnetwork.com/sbcsreport.html
The Black Friday Report is a focused snapshot of “Main Street” business activity that fosters a unique perspective on year-over-year credit sales trends.
Selected highlights from the 2010 Black Friday Special Report include:
- Approximately 40% of Main Street merchants surveyed by CAN reported increased overall sales for the 2010 Black Friday Period compared to 2009
- Restaurants as a group showed gains during the 2010 Black Friday period
- Same store card sales of Merchandise Retailers (such as jewelers, boutiques, toy stores, clothing stores, electronics retailers, sporting goods stores, gift shops, etc.) declined more than the total group of Main Street businesses with a 2% dip in 2010 as compared to the 2009 Black Friday period.
Merchants included in the data sample represented in the SBCS Report are drawn from 10 million+ data records collected from over 50,000 businesses and housed in the databases of CAN’s Data Services Division. These businesses are U.S.-based, small to mid-sized and represent approximately 385 Standard Industrial Classification (SIC) codes. All represented businesses accept credit and debit cards as a form of payment. This SBCS “2010 Black Friday on Main Street” Special Issue is based on data from businesses with the following characteristics:
- Average Annual Gross Sales of $785,000 ($98,000 to $4,000,000)
- Average Monthly Processing Volume of $24,000 ($2,400 to $150,000)
- Average Ticket Size of $150 ($8 to $1,225)
And older Small Business Credit Sales reports (including other Black Friday Special Reports for comparison) can be found there: http://www.capitalaccessnetwork.com/sbcsreport.html