Black Friday hysteria is taking off

It`s time for Black Friday once again. The day that has been regarded as the beginning of the Christmas shopping season in the U.S. Black Friday is the day following Thanksgiving Day in the United States.

Since 2005, Black Friday has been the busiest shopping day of the year. It`s the day for hysteria and shortage of stock, but last year, spending volume fell for the first time since 2008 recession. $50,9 billion was spent during the 4-day Black Friday weekend, which is down 11% from 2013.

black-red_edited-1

There have been reports of violence occurring between shoppers on Black Friday. Since 2006, there have been 7 reported deaths and 98 injuries throughout the United States.

It was common for retailers to open at 6:00 a.m., for many years, but now many opens at 5:00 or even 4:00. This was taken to extreme in 2011, when several retailers opened at midnight for the first time.

This is not only a phenomenon in the U.S. It has spread to Europe, and Black Friday also occurs in the United Kingdom. One of the first Black Friday events took place in 2003 in Staples Corner. People went crazy while the staples Corner sold laptops and other electronic devices for under £50.

Since then, a lot of other online retailers have followed the trend like Amazon, Littlewoods and Apple, and many other online and instore companies are now embracing the American tradition.

Ebay expect to sell 25 items every second in the UK and Amazon UK that sold 5,5 million items last year expect a take-off this time while hundreds of sellers at Amazon UK marketplace is ready to take action in Black Friday.

Don`t worry if you miss out on this Black Friday. There is a new chance next week with Cyber Monday.

 

shinybull_site_logo-7


Click the link below and check out the Fan Fund

https://www.eventbrite.com/e/fan-fund-tickets-15580655159


Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication. UA-63539824-1.

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s