Black Friday is losing its relevancy to US shoppers.
The holiday, which takes place the day after Thanksgiving, has historically been the biggest shopping day of the year in the US.
But over the last several years, shopper traffic in stores on Black Friday has been falling with many retailers like Walmart, Target, and Amazon kicking off their holiday discounts online several weeks in advance.
Foot traffic in stores this year is expected to fall by about 3.5% on Black Friday compared to last year, according to data from the location tracking service Foursquare.
That's coming on the heels of several years of declines.
Last year, about 102 million shoppers hit stores over the Thanksgiving holiday weekend, down from 147 million in 2012, according to the National Retail Federation.
That doesn't mean people aren't shopping during the holidays anymore. They just aren't saving their purchases for Black Friday, or for Cyber Monday, for that matter. Many are choosing to shop online, rather than in stores.
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5 comments:
Brick & Mortar shopping is dying a slow death, right along with bookstores, taxi service, and movie theaters.
Sit in the comfort of your own home, find the best (cheapest) price for the exact item, have it sent to you the next day.
No fighting the crowds; no getting ripped-off by paying too much; and maybe most importantly, not subjecting yourself to theft and mugging at the major malls.
The name alone is "Racist", just like the name of the creepy trouble makers BLM.
The stores don't carry what we want and thier deals are really bad the past few years..this "sit in line and get a ticket to get a deal" is really just crap.I also get really angry when I see small shop owners bring several people to sit in line for deals and then resale them or eBay them. I think this should be done away with. I also hate it when people have to work instead of being with families.
Most don't have the Money$$$ for shopping and are barely
getting by......so much for all the hoopla for Black Fri !!
Thank the Democrats ......
Right! Even if we did have the money the so called deals aren't worth the hassle!
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