Operations

Restaurants a big winner on Black Friday weekend

Photo by istock.com

December 2, 2022

Consumers in the U.S. spent 23% more at restaurants during the Black Friday Weekend in late November compared to 2021, and the spend spike beat out spend on fashion and electronics which saw increases of 14% and 2%, respectively.

Those are top findings of analyzed data from Mastercard SpendingPulse and Adobe Digital, according to Fair Betting Sites.

The total U.S. Black Friday spend hit $35.27 billion, an increase of 4% compared to a year ago, according to a press release on the data findings.