Black Friday enthusiasm wanes as some consumers, retailers shun practice - News Summed Up

Black Friday enthusiasm wanes as some consumers, retailers shun practice


However, the one-day shopping frenzy at malls and stores following American Thanksgiving may be on the decline as some consumers and retailers start to shun the tradition by either opting out entirely or turning to internet shopping instead. You had the deals and the steals, but this year we’re looking for the feels,” the company wrote in a blog post. ET on Thanksgiving day, the company said Americans already spent nearly 17 per cent more than they did last year, shelling out $1.52 billion online. For shoppers not interested in the social aspect of Black Friday shopping, online purchases make much more sense, Hoegg said. Shoppers looking to buy an Amazon Alexa, a Phillips Hue system, a Nest thermostat or other trendy technology, he said, scour the internet for Black Friday deals.


Source: National Post November 24, 2017 12:56 UTC



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