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Do You Do Black Friday?

Do You Do Black Friday?

For those of you that were brave enough to wade through the crowds of Black Friday shoppers this year, you may have noticed that not everyone stuck it out all day long.  The Wall Street Journal reported Friday evening that Black Friday started out strong, but slowly thinned out by afternoon.  This is because shoppers were not willing to stick around unless they were seeing some major discounts. 

A lot of the savings we were seeing this year came in the form of doorbusters and a good deal of sales on electronics.  Unless you were lined up outside the door just as stores opened in the early morning, you may not have seen too many savings.  The Wall Street Journal reports that Andrew Harris, a Dallas police officer, planned his Black Friday out perfectly when he showed up for a sale at Target at 3am, 2 hours before the store even opened, and bought a 32" LCD HDTV for $246 (a savings of $180). 

Wal-Mart also saw lots of traffic, with some customers showing up the evening before to camp out in front of the store.  Stores like Wal -Mart recognize the need to get shoppers in by enticing them with deep discounts since many consumers have expressed a need to spend less this year than last. 

Aix Partners LLP
released a study earlier this year with some data about the upcoming holiday season.  They found that 88 percent of consumers planned to spend less this year than last year and 82 percent said that what they do spend money on will be purchased from value stores like Wal -Mart.  Though the numbers sound bleak for retailers, the National Retail Federation is only predicting a 1 percent drop in U.S. holiday sales, which is up from last years 3.4 percent decline. 

Did you venture out to the stores this Black Friday?

Do you plan on spending less on gifts this holiday season than you did last year?

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  • GINGER8051 By GINGER8051

    I did participate in Black Friday primarily because I am unemployed and money is very tight this year. I also felt that the sales were really not that great and the items in stores were not that enticing.

  • arbymomma By arbymomma

    I did black friday 4 years ago and never again since. What ever happened to saying excuse me, or even sorry when you hit somebody with a cart or snatch a toy out of someones hand because they thought it was the last one????? i DONT know where our manners are on this day but most of us aren't using them. I just watch for sales now and get when I can i am not stressing myself out for one day of shopping when people are so mean. Sorry to those that aren't.

  • bdesarro By bdesarro

    too intense for me. my dad went and got a nice plasma TV for my bedroom. It was his first time. He said he would do it again. I don't think i could deal with it!

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