Black Friday sales jump 6.6 percent, set new record

Retailers' strategy of opening earlier than ever paid off big, with a record $11.4 billion in sales on the year's biggest shopping day, according to the firm ShopperTrak.

The firm, which tracks both sales and foot traffic, said the number of shoppers on Friday also increased 5.1 percent. Sales were up 6.6 percent from last year's $10.7 billion.

"Despite our sluggish economy, shoppers proved they are looking for value and ready to buy," said ShopperTrak's founder Bill Martin, in a statement. "Still, it's just one day. It remains to be seen whether consumers will sustain this behavior through the holiday season."

This year's increase in Black Friday sales was the largest since that between 2006 and 2007, before the recession began. Sales jumped more than 8 percent that year.

This year, with retailers offering more and more pre-Black Friday promotions, sales were also up 3.8 percent the week before Thanksgiving.

Customers turned out in droves this year, as Target, Macy's, Kohl's, Best Buy, Wal-Mart and Toys 'R' Us all announced their earliest openings ever, hoping to gain an edge on each other.