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Black Friday sales hit record

Retail sales on Black Friday rose by their biggest margin since 2007 to hit a record, while online sales grew even faster, according to initial estimates.

Sales on the frenetic shopping day that follows the US Thanksgiving holiday expanded by 6.6 per cent from the previous year to $11.4bn, according to ShopperTrak.

The research group’s estimates are based on traffic counts in 25,000 places and the historical relationship between traffic and sales.

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