Shoppers pack malls for after-Christmas deals

Monday, December 26, 2022
EAST RUTHERFORD, New Jersey (WABC) -- Shoppers from all over packed the American Dream Mall - and not a lot of people were returning gifts.

It could even be called 'Black Monday' -- stores still have plenty of merchandise they would rather clear out and are slashing prices to make it happen. Analysts say people held on to their money for after-Christmas deals.

Holiday sales are up, even though Americans are paying more for food and rent.

Spending tracker 'MasterCard Spending Pulse' was expecting sales to grow by 7.1 percent - but it's up so far by 7.6 percent. Clothing and restaurants are seeing big gains while jewelry and electronics dipped about 5 percent.



At American Dream, restaurants and specialty treat stores kept lines. The ice skating rink, arcades, and rides were all open well into the evening.

WATCH | The Great Eyewitness News Holiday Cook-Off

----------
* Get Eyewitness News Delivered
* More New Jersey news
* Send us a news tip
* Download the abc7NY app for breaking news alerts
* Follow us on YouTube


Submit a tip or story idea to Eyewitness News


Have a breaking news tip or an idea for a story we should cover? Send it to Eyewitness News using the form below. If attaching a video or photo, terms of use apply.
Copyright © 2024 WABC-TV. All Rights Reserved.