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First Data: November spending up a moderate 7.3%
Atlanta -- The SpendTrend analysis released Friday by First Data Corp., which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations, found that overall year-over-year dollar volume growth was up 7.3% in November 2011, down from October’s 9.4% growth.
November 2011 had tough comparables as November 2010 was a particularly strong month, with dollar volume growth up 8.1%, according to First Data. November 2011 transaction growth was 6.1%.
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Apple opens in Grand Central Terminal
New York -- Apple on Friday, opened its newest Big Apple store, a 23,000-sq-.ft. outpost in the landmarked Grand Central Terminal. The company said 2,500 people were waiting in line before the opening, and the store had nearly 4,000 visitors before noon.
The space had been previously occupied by a restaurant, which closed earlier this summer. It is Apple’s fifth location in Manhattan,
