Black Friday Sales Down More Than $1 Billion

Shoppers spent $10.4 billion at stores on Friday

NEW YORK - NOVEMBER 27: Shoppers walk by holiday decor hanging on Harry Winston in New York City on Black Friday, November 27, 2015. Although Black Friday sales are expected to be strong, many shoppers are opting to buy online or retailers are offering year round sales and other incentives that are expected to ease crowds. (Photo by Yana Paskova/Getty Images)

Shoppers this year still wanted to get a head start on their holiday gift list on Black Friday — but overall were less willing to brave the crowds.

Sales on Thanksgiving and Black Friday both fell in stores this year, with a growing amount of people pursuing their discounts online instead.

Brick and mortar sales on Black Friday fell from $11.6 billion in 2014 to $10.4 billion in 2015, according to the retail researcher ShopperTrak. Sales on Thanksgiving fell from just over $2 billion to $1.8 billion. Both decreases are attributed to the increase in online sales, the Associated Press reports.

Meanwhile, online sales jumped 14 percent on Black Friday from 2014, bringing in $2.72 billion altogether. The increase came during a week of online sales and promotions leading up to Cyber Monday on Nov. 30, forecasted to be the biggest e-commerce sales day of the year.

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