An In-Depth Look At Post-Thanksgiving Shopping
As retailers continue to move up their holiday shopping sales earlier and earlier, Black Friday may soon enough become Black Thanksgiving. In fact, more and more stores are opening their doors at 5 p.m. or earlier to meet the growing demands of shoppers on a quest to snag irresistible bargains. In order to make good on "door-buster" sales, or items set at ultra-low prices on a first-come-first-served basis, many shoppers have even gone so far as to camp in front of their favorite store. But let's take a look at the math, how does Black Friday break down by the numbers? In 2013, Americans hit a record spending high of $59.1 billion dollars in holiday deals, a 13 percent increase from 2012. So how did the stores who opened their doors early fare? By 8 p.m. about 10 percent were sold out of the majority, if not all, of their sale stock.
So what can you do to be prepared this holiday? How can you make the most of Black Friday and Cyber Monday sales without going overboard? Learn about the history of this curious holiday, its impact on workers and get tips and tricks to optimize your time and spending.