Thanksgiving Thursday Is The New Black Friday04:14
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Hundreds of shoppers are lined up at a Little Rock, Ark., Old Navy store in 2009 on Black Friday. (AP)
Hundreds of shoppers are lined up at a Little Rock, Ark., Old Navy store in 2009 on Black Friday. (AP)

Thousands of Americans are starting a new Thanksgiving tradition: bargain hunting! Several large retail chains are opening as early as 9 p.m. on Thanksgiving. Retail analysts say the additional shopping hours will lead to the biggest Black Friday weekend ever, with sales expected to top $20 billion.

While consumer confidence is still low, Americans are increasing the amount they are spending, which is sort of confusing. Ylan Mui, retail reporter for the Washington Post, says Americans may say one thing (that they're worried about the economy), but they are definitely doing another (spending plenty of dough on holiday sales).

Guest:

  • Ylan Mui, Washington Post retail reporter

This segment aired on November 24, 2011.

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