2/20/2018

MoneyMatters101.com Home
Easy Money-Saving Tips

All You Can Eat
Back To School
Bartering
Black Friday
Building A Budget
Bundling Services
Buying Clothes
Buying In Bulk
Buy 1, Get 1 Free
Buy Store Brands
Car Care
Catch It On Sale
Cell Phone Plans
Check Phone Bills
Check Utility Bills
Christmas Shopping
Clearance Sales
Comparison Shopping
Cooling Your Home
Coupon Shopping
Curb Spending
Cutting Costs
Cut Your Own Flowers
Defeat Debt
Easy Tips
Electricity Saving Devices
Energy Appliances
Energy Star
Expensive Hobbies
Family Vacation Tips
Four Tips For Saving
Free Entertainment
Free Los Angeles Events
Free Samples
Frugal Shoppers
Gift Cards
Grocery Shopping
Grocery Manipulation
Heating Your Home
Helping Yourself
Home Improvement
How To Save Gas
Hurricane Supplies
Indoor Lighting
It's Your Money
Layaway Plans
Magazines
Pocket Change
Printable Coupons
Rebates
Rebates On Gas
Recycling
Saving Energy
Saving Money
Save In The Kitchen
Save On Insurance
Save On Utility Bills
Small Savings
Stop Gambling
Stop Using Credit
Survive The Recession
Thrifty Spender
Trying To Keep Up
Why We Can't Save
Windows
Yard Sales
Your Laundry

Links

Email Us

Medicaid Benefits
Women and Poverty
Women's Incomes

Scholarships by State

Managing Your Money

Share your money-saving tip



 

Black Friday

The Friday after Thanksgiving, traditionally called Black Friday in the United States, is often referred to as the beginning of the Christmas shopping season. It is a day that millions of bargain hunters fill the stores looking for gifts and personal items that go on sale at prices far lower than they are at any other time of the year.

Some retailers offer door buster sales that draw people to their stores for that specific item. They know that once people enter the store, they will very likely buy other products as well. Some stores open as early as 4:00 or 5:00 a.m. on Black Friday and some go as far as opening at midnight and remain open until midnight the following Saturday.

Stores such as Macy's, JC Penney, Sears, Costco, Kohl's, Wal Mart, Barnes & Noble, K Mart, Target, Michaels, Old Navy, Pet's Mart, Zales, Burlington Coat Factory, Staples, Toys R Us, Home Depot, Lowes, Ikea, Best Buy, Frys, The Disney Store, GameStop, Radio Shack, and many others stay open long hours and post sales on merchandise throughout their stores starting from Black Friday all the way through Christmas and New Years.

Black Friday is appealing to both shoppers and retailers because many people have that day off as part of the Thanksgiving holiday weekend. It has become one of the busiest shopping days of the year and grows in popularity as it has become a highly advertised event.

After Thanksgiving dinner, some people immediately head to the store that is offering the bargains they want and they spend the entire night waiting for the doors to open. Others get up early on Friday morning and spend the whole day shopping in hopes of finding discounted products.

Since there are usually a limited number of certain products, they want to be the first in line, especially for the advertised big ticket items that go on sale such as big screen televisions, computers, and other high tech gadgets. But other items are heavily discounted, too. You can find bargains on clothing and shoes, cookware, toys, books, sporting goods, exercise equipment, and on many other items.

Most retail stores begin stocking up on merchandise and preparing for Black Friday months in advance. The importance of Black Friday is immense because it is the unofficial start of the Christmas holiday shopping season. The period between Thanksgiving and Christmas often determines the difference between turning a profit or posting a loss for the entire year.

Black Friday is often used as an indicator for how the rest of the holiday shopping season will go as far as profit and loss is concerned. If spending is down from previous years on Black Friday, it is usually an indicator that people are not willing to spend their money and it doesn't look good for retailers. If spending is up, it is a good sign for retailers and for the economy as a whole.

You will hear the results of Black Friday on the news. People pay very close attention to the numbers because it has an affect on retailers, manufacturers, the economy, and on you and me.

 

Book of the Month

Book about investing

Advertise on MoneyMatters101.com

 

Share


Accessibility Policy| Terms Of Use| Privacy Policy| Advertise with Us| Contact Us

Use of this web site constitutes acceptance of the Terms of Use.

We are looking to create more mutually beneficial partnerships. If you are interested in partnering with MoneyMatters101.com, send us your proposal.

MoneyMatters101.com™

Link to MoneyMatters101.com