TMG's analysis echoes similar findings from card processing rivals First Data and CO-OP Financial Services.
Thursday shoppers showed up in study of Thanksgiving Day-Black Friday spending this year.
Earlier store openings and a search for bargains drove retail sales volume up 5.6% from last year, First Data said.
Retailers with annual sales below $1 million have dropped year-to-date, while large retailers have seen sales hike.
Results show 3.5% to 4% increase over last year.
As consumers head to the malls and shopping strips this holiday season, more than half are expected to use cash or debit cards and only one out of three shoppers will break out credit cards to buy gifts, so reports an online survey of Litle & Co., a Lowell-Mass.-based payments...
Black Friday spending up 8.1% this year, CO-OP says.
In spite of record breaking sales on Black Friday and Cyber Monday, some 91% of respondents plan to either cut back or spend nothing this holiday season, according to a poll taken on the website of the National Foundation for Credit Counseling.
Even though the weekend after the Thanksgiving holiday last year had pretty strong sales volume, card processor First Data reported that the same weekend this year posted even stronger sales gains.
Nearly 47% say they plan to spend less this season, according to the Georgia Credit Union Affiliates.