â¿¿Vera Bradley, the maker of high-end handbags, lost almost 9 percent, slipping $2.09 to $21.53. Weak sales in May and June forced the company to cut its earnings and revenue predictions for the year.
Over one-third of shoppers bought 100% of their items on sale over the Thanksgiving weekend, according to the National Retail Federation.
Promotional levels remained about the same year-over-year for Black Friday, indicating that retailers aren't 'struggling,' Telsey Advisory CEO Dana Telsey said on CNBC.
Piper Jaffray raised its ratings on Gap and L Brands to 'neutral' as the firm's survey indicated the strongest Black Friday participation in five years.