Black Friday (shopping)
Black Friday | |
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![]() Black Friday shopping at a Target store in November 2008
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Observed by | Traditionally:[1] United States Others: Canada, United Kingdom, Mexico, India and increasingly many other parts of the world. |
Type | Commercial |
Celebrations | Shopping |
Date | Friday after U.S. Thanksgiving |
Frequency | Annual |
Related to | Thanksgiving, Small Business Saturday, Cyber Monday, Giving Tuesday, Christmas |
Black Friday is the day following Thanksgiving Day in the United States (the fourth Thursday of November). Since 1932, it has been regarded as the beginning of the Christmas shopping season in the U.S., and most major retailers open very early (and more recently during overnight hours) and offer promotional sales. Black Friday is not an official holiday, but California and some other states observe "The Day After Thanksgiving" as a holiday for state government employees, sometimes in lieu of another federal holiday such as Columbus Day.[2] Many non-retail employees and schools have both Thanksgiving and the following Friday off, which, along with the following regular weekend, makes it a four-day weekend, thereby increasing the number of potential shoppers. It has routinely been the busiest shopping day of the year since 2005,[3] although news reports, which at that time were inaccurate,[4] have described it as the busiest shopping day of the year for a much longer period of time.[5] Similar stories resurface year upon year at this time, portraying hysteria and shortage of stock, creating a state of positive feedback.
In 2014, spending volume on Black Friday fell for the first time since the 2008 recession. $50.9 billion was spent during the 4-day Black Friday weekend, down 11% from the previous year. However, the U.S. economy was not in a recession. Christmas creep has been cited as a factor in the diminishing importance of Black Friday, as many retailers now spread out their promotions over the entire months of November and December rather than concentrate them on a single shopping day or weekend.[6]
The earliest evidence of the phrase Black Friday applied to the day after Thanksgiving in a shopping context suggests that the term originated in Philadelphia, where it was used to describe the heavy and disruptive pedestrian and vehicle traffic that would occur on the day after Thanksgiving. This usage dates to at least 1961. More than twenty years later, as the phrase became more widespread, a popular explanation became that this day represented the point in the year when retailers begin to turn a profit, thus going from being "in the red" to being "in the black".[7][8][9][10]
For many years, it was common for retailers to open at 6:00 a.m., but in the late 2000s many had crept to 5:00 or 4:00. This was taken to a new extreme in 2011, when several retailers (including Target, Kohl's, Macy's, Best Buy, and Bealls[11]) opened at midnight for the first time.[12] In 2012, Walmart and several other retailers announced that they would open most of their stores at 8:00 p.m. on Thanksgiving Day, prompting calls for a walkout among some workers.[13] In 2014 stores such as JCPenney, Best Buy, and Radio Shack opened at 5:00 PM on Thanksgiving Day while stores such as Target, Walmart, Belk, and Sears opened at 6:00 PM on Thanksgiving Day.[14][15] Three states, Rhode Island, Maine, and Massachusetts, prohibit large supermarkets, big box stores, and department stores from opening on Thanksgiving, due to blue laws.[16][17]
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.[18] It is common for prospective shoppers to camp out over the Thanksgiving holiday in an effort to secure a place in front of the line and thus a better chance at getting desired items. This poses a significant safety risk (such as the use of propane and generators in the most elaborate cases, and in general, the blocking of emergency access and fire lanes, causing at least one city to ban the practice.)[19]
Contents
Shopping[edit]
United States[edit]
The states which have official public holidays for state government employees on "The Day After Thanksgiving" include Arkansas, California, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, West Virginia, and Wisconsin.
The news media have long described the day after Thanksgiving as the busiest shopping day of the year.[5] In earlier years, this was not actually the case. In the period from 1993 through 2001, for example, Black Friday ranked from fifth to tenth on the list of busiest shopping days, with the last Saturday before Christmas usually taking first place.[4] In 2003, however, Black Friday actually was the busiest shopping day of the year, and it has retained that position every year since, with the exception of 2004, when it ranked second (after Saturday, December 18).[3]
The SouthPark neighborhood of Charlotte, North Carolina, is the most trafficked area of the United States on Black Friday.[20][21]
Black Friday is a shopping day for a combination of reasons. As the first day after the last major holiday before Christmas, it marks the unofficial beginning of the Christmas shopping season. Additionally, many employers give their employees the day off as part of the Thanksgiving holiday weekend. In order to take advantage of this, virtually all retailers in the country, big and small, offer various sales including limited amounts of doorbuster/doorcrasher/doorsmasher items to entice traffic. Recent years have seen retailers extend beyond normal hours in order to maintain an edge, or to simply keep up with the competition. Such hours may include opening as early as 12:00 am or remaining open overnight on Thanksgiving Day and beginning sale prices at midnight. In 2010, Toys 'R' Us began their Black Friday sales at 10:00 pm on Thanksgiving Day and further upped the ante by offering free boxes of Crayola crayons and coloring books for as long as supplies lasted. Other retailers, like Sears, Express, MK, Victoria's Secret, Zumiez, Tilly's, American Eagle Outfitters, Nike, Jordan, Puma, Aéropostale, and Kmart, began Black Friday sales early Thanksgiving morning, and ran them through as late as 11:00 pm Friday evening. Forever 21 went in the opposite direction, opening at normal hours on Friday, and running late sales until 2:00 am Saturday morning.[22][23] Historically, it was common for Black Friday sales to extend throughout the following weekend. However, this practice has largely disappeared in recent years, perhaps because of an effort by retailers to create a greater sense of urgency.
The news media usually give heavy play to reports of Black Friday shopping and their implications for the commercial success of the Christmas shopping season, but the relationship between Black Friday sales and retail sales for the full holiday season is quite weak and may even be negative.[24]
On April 23, 2014, .blackfriday joined a growing list of ICANN top-level domains (such as—traditionally -- .com, .net, and .org).[25][26]
In 2015, Neil Stern of McMillan Doolittle said, "Black Friday is quickly losing its meaning on many fronts," because many stores opened on Thanksgiving, and a lot of sales started even earlier than that. Online shopping also made the day less important.[27]
Canada[edit]
The large population centers on Lake Ontario and the Lower Mainland in Canada have always attracted cross-border shopping into the US states, and as Black Friday became more popular in the US, Canadians often flocked to the US because of their lower prices and a stronger Canadian dollar. After 2001, many were traveling for the deals across the border. Starting in 2008 and 2009, due to the parity of the Canadian dollar compared with the American dollar, several major Canadian retailers ran Black Friday deals of their own to discourage shoppers from leaving Canada.[28][29]
The year 2012 saw the biggest Black Friday to date in Canada, as Canadian retailers embraced it in an attempt to keep shoppers from travelling across the border.[30]
Before the advent of Black Friday in Canada, the most comparable holiday was Boxing Day in terms of retailer impact and consumerism. Black Fridays in the US seem to provide deeper or more extreme price cuts than Canadian retailers, even for the same international retailer.
United Kingdom[edit]
"Black Friday" would generally be understood in a different context. In the United Kingdom, its use originated in the Police and NHS to refer to the Friday before Christmas. It is the day where those services activated contingency to deal with the anticipated extra pressures put on the emergency services inherent in the larger than normal volumes of people going out drinking on the final Friday before Christmas. Contingencies can include setting up mobile field hospitals near City Centre nightspots.[31] The term has then been adopted outside those services to refer to the evening and night of the Friday immediately before Christmas, and would now be considered a mainstream term and not simply as jargon of the emergency services.
Since the start of the 21st century there have been attempts by retailers with origins in the United States such as Amazon to introduce a retail "Black Friday" as it would be understood by Americans, into the United Kingdom.[32][33] In 2013 Asda (a subsidiary of the American firm Walmart) announced its "Walmart's Black Friday by ASDA" campaign promoting the American concept of a retail "Black Friday"in the UK. Some online and instore companies have adopted the American-style Black Friday sale day, although others appear sceptical, with one 2013 comment piece in the trade publication Retail Week labelling it "simply an Americanism, which doesn't translate very well."[34]
In 2014, more UK-based retailers adopted the Black Friday marketing scheme than ever. Among them were ao.com, very.co.uk, John Lewis and Argos, who all offered massively discounted prices to entice Christmas shoppers. During Black Friday sales in 2014, police forces were called to stores across Britain to deal with crowd control issues, assaults, threatening customers and traffic issues.[35] Sir Peter Fahy, Chief Constable of Greater Manchester Police, stated: "The events of last night were totally predictable and I am disappointed that stores did not have sufficient security staff on duty."[36] In response to incidents at branches of Tesco, Greater Manchester Police's deputy chief constable Ian Hopkins said that shoppers had behaved in an "appalling" fashion and the lack of planning from retailers was "really disappointing": "They should have planned appropriately with appropriate levels of security to make sure people were safe. They have primary responsibility to keep people safe and they can’t rely on the police to turn up and bail them out and that’s what happened last night."[37]
Asda announced that it would not take part in the 2015 Black Friday.[38][39] In 2015, Black Friday was predicted to become the biggest day of shopping in Britain, with as much as £2bn spent in shops and online in 24 hours.[40][41]
Mexico[edit]
In Mexico, Black Friday was the inspiration for the government and retailing industry to create an annual weekend of discounts and extended credit terms, El Buen Fin, meaning "the good weekend" in Spanish.[42] El Buen Fin has been in existence since 2011 and takes place on November in the weekend prior to the Monday in which the Mexican Revolution holiday is pushed from its original date of November 20, as a result of the measure taken by the government of pushing certain holidays to the Monday of their week in order to avoid the workers and students to make a ”larger” weekend (for example, not attending in a Friday after a Thursday holiday, thus making a 4-day weekend). On this weekend, major retailers extend their store hours[43] and offer special promotions, including extended credit terms and price promotions.457
Romania[edit]
The concept was imported in Romania by eMAG and Flanco in 2011 and became bigger each year. The two reported the biggest Black Friday sales in 2014. eMAG sold products worth some 37 million euros while Flanco's sales totaled 22 million euros. Hundreds of retailers announced their participation in the 2015 campaign.[44]
In 2015, 11 million Romanians say they have heard about Black Friday which is 73% of the 15 million people target segment. 6.7 million plan on buying something on biggest shopping event of the year in Romania.[45]
India[edit]
The popularity of Black Friday is also increasing in India. The reason for this is the growing number of e-commerce websites. The big e-commerce retailers in India are trying to emulate the concept of shopping festivals from the United States like Black Friday and Cyber Monday. Flipkart, Snapdeal and Amazon have been offering discounted products on the major festivals in India. December witnesses the Great Online Shopping Festival (also called GOSF) for three days where people shop from all the major e-commerce players and large FMCG brands. From 2015, google has now stopped the GOSF.[46] The aim was to bring leading e-commerce players on a single platform and boost online shopping in India. Survey[47] during GOSF 2014 suggests that 90% of consumers were satisfied with the exclusive discounts offered in GOSF. According to Google Trends, the interest for Black Friday is rising every year. Comparing the search volume of the term Black Friday in November 2012 and November 2013, the increase is almost 50 percent (22,200 is the search volume in November 2012 and 33,100 is the search volume in November 2013, according to the Google Adwords).
France[edit]
French businessmen are slowly inserting the Black Friday consumer craze of the US.[48] Discounts of up to 85% were given by retailing giants such as Apple and Amazon in 2014.[49] French electronics retailers such as FNAC and Auchan advertised deals online while Darty also took part in this once a year monster Sale. Retailers favored the very American term "Black Friday" to "Vendredi noir" in their advertisements.[50]
Other countries[edit]
In recent years, Black Friday has been promoted in Australia by online retailers. In 2011, Online Shopping USA hosted an event on Twitter. Twitter users had to use the hashtag #osublackfriday and it allowed them to follow along and tweet favourite deals and discounts from stores.[51] In 2013, Apple extended its Black Friday deals to Australia. Purchasing online gave customers free shipping and free iTunes gift cards with every purchase. The deals were promoted on their website, it read "Official Apple Store—One day Apple shopping event Friday, November 29".[52]
Black Friday is known as Viernes Negro in Costa Rica.[53] In Panama, Black Friday was first celebrated in 2012, as a move from the Government to attract local tourism to the country's capital city. During its first year it was believed to have attracted an inflow of about 35,000 regional tourists according to the government's immigration census.
In Germany, South Africa, Austria and Switzerland, Black Friday Sale is a joint sales initiative by hundreds of online vendors—among them Zalando, Disney Store, Galeria Kaufhof and Sony. Over its first 24-hour run on November 28, 2013, more than 1.2 million people visited the site, making it the single largest online shopping event in German speaking countries.
2014 marked the introduction in Colombia, Bolivia,[54] Ireland,[55] Denmark, Sweden,[56] South Africa, Nigeria, Lebanon and France.[57]
Black Friday started picking up in New Zealand around 2013. In 2015, major retailers such as The Warehouse, Noel Leeming and Harvey Norman offered Black Friday sales.[58]
In the Netherlands, Black Friday was seriously introduced in 2015. Some years before there were a couple of big and small retailers that used Black Friday in their marketing proposes. However, with the total of 35 participating stores, 2015 can been seen as the year in which Black Friday has started in the Netherlands due to more widely support of large retailers.[59]
In the Pakistan Black Friday was introduced on November 27,2015 on Daraz.pk for 3 days in collabration with Easypaisa Telenor Pakistan
Origin of the term[edit]
For centuries, the adjective "black" has been applied to days upon which calamities occurred. Many events have been described as "Black Friday", although the most significant such event in American History was the Panic of 1869, which occurred when financiers Jay Gould and James Fisk took advantage of their connections with the Grant Administration in an attempt to corner the gold market. When President Grant learned of this manipulation, he ordered the treasury to release a large supply of gold, which halted the run and caused prices to drop by eighteen percent. Fortunes were made and lost in a single day, and the president's own brother-in-law, Abel Corbin, was ruined.
The earliest known use of "Black Friday" to refer to the day after Thanksgiving occurs in the journal, Factory Management and Maintenance, for November 1951, and again in 1952. Here it referred to the practice of workers calling in sick on the day after Thanksgiving, in order to have a four-day weekend. However, this use does not appear to have caught on. Around the same time, the terms "Black Friday" and "Black Saturday" came to be used by the police in Philadelphia and Rochester to describe the crowds and traffic congestion accompanying the start of the Christmas shopping season. In 1961, the city and merchants of Philadelphia attempted to improve conditions, and a public relations expert recommended rebranding the days, "Big Friday" and "Big Saturday"; but these terms were quickly forgotten.[8][9][60][61]
Use of the phrase spread slowly, first appearing in The New York Times on November 29, 1975, in which it still refers specifically to "the busiest shopping and traffic day of the year" in Philadelphia. Although it soon became more widespread, the Philadelphia Inquirer reported in 1985 that retailers in Cincinnati and Los Angeles were still unaware of the term.[62]
As the phrase gained national attention in the early 1980s, merchants objecting to the use of a derisive term to refer to one of the most important shopping days of the year suggested an alternative derivation: that retailers traditionally operated at a financial loss for most of the year (January through November) and made their profit during the holiday season, beginning on the day after Thanksgiving.[8] When this would be recorded in the financial records, once-common accounting practices would use red ink to show negative amounts and black ink to show positive amounts. Black Friday, under this theory, is the beginning of the period when retailers would no longer be "in the red", instead taking in the year's profits.[8][62][63] The earliest known published reference to this explanation occurs in the Philadelphia Inquirer for November 28, 1981.[64]
In 2013, an internet rumor alleged that the phrase originated in the American south before the Civil War, from the practice of selling slaves on the day after Thanksgiving. This was debunked by Snopes.com in 2015.[60] Although the concept of a national day of thanksgiving originated in the time of George Washington, it was not until 1863 that President Lincoln declared an annual holiday to be celebrated on the last Thursday (now the fourth Thursday) in November; and this proclamation would have been ignored in the Confederacy until after the Civil War.[65]
Violence and chaos[edit]
Despite frequent attempts to control the crowds of shoppers, minor injuries are common among the crowds, usually as a result of being pushed or thrown to the ground in small stampedes. While most injuries remain minor, serious injuries and even deliberate violence have taken place on some Black Fridays.
In 2008, a crowd of approximately 2,000 shoppers in Valley Stream, New York, waited outside for the 5:00 am opening of the local Wal-Mart. As opening time approached, the crowd grew anxious and when the doors were opened the crowd pushed forward, breaking the door down, a 34-year-old employee was trampled to death. The shoppers did not appear concerned with the victim's fate, expressing refusal to halt their stampede when other employees attempted to intervene and help the injured employee, complaining that they had been waiting in the cold and were not willing to wait any longer. Shoppers had begun assembling as early as 9:00 PM the evening before. Even when police arrived and attempted to render aid to the injured man, shoppers continued to pour in, shoving and pushing the officers as they made their way into the store. Several other people incurred minor injuries, including a pregnant woman who had to be taken to the hospital.[66][67][68] The incident may be the first case of a death occurring during Black Friday sales; according to the National Retail Federation, "We are not aware of any other circumstances where a retail employee has died working on the day after Thanksgiving."[66]
On the same day, two people were fatally shot during an altercation at a Toys 'R' Us in Palm Desert, California.[69]
During Black Friday 2010, a Madison, Wisconsin woman was arrested outside of a Toys 'R' Us store after cutting in line, and threatening to shoot other shoppers who tried to object.[70] A Toys for Tots volunteer in Georgia was stabbed by a shoplifter.[71] An Indianapolis woman was arrested after causing a disturbance by arguing with other Wal-Mart shoppers. She had been asked to leave the store, but refused.[72] A man was arrested at a Florida Wal-Mart on drug and weapons charges after other shoppers waiting in line for the store to open noticed that he was carrying a handgun and reported the matter to police. He was discovered to also be carrying two knives and a pepper spray grenade.[73] A man in Buffalo, New York, was trampled when doors opened at a Target store and unruly shoppers rushed in, in an episode reminiscent of the deadly 2008 Wal-Mart stampede.[74]
On Black Friday 2011, a woman at a Porter Ranch, California Walmart used pepper spray on fellow shoppers, causing minor injuries to a reported 20 people who had been waiting hours for the store to open. The incident started as people waited in line for the newly discounted Xbox 360. A witness said a woman with two children in tow became upset with the way people were pushing in line. The witness said she pulled out pepper spray and sprayed the other people in line. Another account stated: "The store had brought out a crate of discounted Xbox 360s, and a crowd had formed to wait for the unwrapping, when the woman began spraying people 'in order to get an advantage,' according to the police.[75] In an incident outside a Walmart store in San Leandro, California, one man was wounded after being shot following Black Friday shopping at about 1:45 am.[76]
On Black Friday 2012, two people were shot outside a Wal-Mart in Tallahassee, Florida, during a dispute over a parking space.[77]
On Black Friday in 2013, a person in Las Vegas who was carrying a big-screen TV home from a Target store on Thanksgiving was shot in the leg as he tried to wrestle the item back from a robber who had just stolen it from him at gunpoint.[78] In Romeoville IL, a police officer shot a suspected shoplifter driving a car that was dragging a fellow officer at a Kohl's department store. The suspect and the dragged officer were treated for shoulder injuries. Three people were arrested.[79]
At the Franklin Mills Mall in Philadelphia a fight was caught on camera in which a woman was taken to the ground. The video also caught a separate, possibly related, fight happening simultaneously.[80]
History[edit]
The day after Thanksgiving as the unofficial start of the holiday shopping season may be linked together with the idea of Santa Claus parades. Parades celebrating Thanksgiving often include an appearance by Santa at the end of the parade, with the idea that 'Santa has arrived' or 'Santa is just around the corner' because Christmas is always the next major holiday following Thanksgiving.
In the late 19th and early 20th centuries, many Santa or Thanksgiving Day parades were sponsored by department stores. These included the Toronto Santa Claus Parade, in Canada, sponsored by Eaton's, and the Macy's Thanksgiving Day Parade sponsored by Macy's. Department stores would use the parades to launch a big advertising push. Eventually it just became an unwritten rule that no store would try doing Christmas advertising before the parade was over. Therefore, the day after Thanksgiving became the day when the shopping season officially started.
Thanksgiving Day's relationship to Christmas shopping led to controversy in the 1930s. Retail stores would have liked to have a longer shopping season, but no store wanted to break with tradition and be the one to start advertising before Thanksgiving. For this reason, in 1939, President Franklin D. Roosevelt issued a presidential proclamation proclaiming Thanksgiving to be the fourth Thursday in November rather than the last Thursday, meaning in some years one week earlier, in order to lengthen the Christmas shopping season.[81] Most people adopted the President's change, which was later reinforced by an act of Congress, but many continued to celebrate Thanksgiving Day on the traditional date.[81] Some started referring to the new date as Franksgiving.
In 2015, Amazon.com held a "Prime Day" event in July and promised better deals than on Black Friday. Other companies followed with "Black Friday in July" deals which were as good as, or better than, those in November.[82]
Controversy[edit]
The sale day has caused a number of controversies over various practices:
- Making unreasonable demands on staff, including requiring them to work under threat of termination,[83] often long shifts, during Thanksgiving.
- Health and safety risks due to insufficient staff for crowd management.
- Selling "derivative" products manufactured just for Black Friday with lower specifications.[84]
Black Thursday[edit]
![](http://web.archive.org./web/20161026071227im_/https://upload.wikimedia.org/wikipedia/commons/thumb/f/f2/Gray_Thursday_KF_Walmart.jpeg/220px-Gray_Thursday_KF_Walmart.jpeg)
For many years, retailers pushed opening times on Black Friday earlier and earlier, eventually reaching midnight, before opening on the evening of Thanksgiving. In 2009, Kmart opened at 7:00 a.m. on Thanksgiving, in order to allow shoppers to avoid Black Friday traffic and return home in time for dinner with their families. Two years later, a number of retailers began opening at 8:00 or 9:00 p.m., on what became derisively known as "Black Thursday". In subsequent years, other stores have followed this trend, opening earlier and earlier on Thanksgiving Day, or remaining open all day, beginning in the early morning hours.[85][86] Some retail and media sources have used the terms "Gray Thursday" or "Brown Thursday" instead.[87][88][89]
The 2014 "Black Thursday" sales were, in general, a failure, as overall sales for the holiday weekend fell 11% compared to the previous year despite heavy traffic at the stores on Thanksgiving night.[90] In response, a number of retailers decided to go back to closing on Thanksgiving for 2015, and Walmart, although it is holding firm opening on the holiday and holding its sale, also pledged to offer the same deals online for those who wished to stay home.[91]
Online[edit]
Advertising tip sites[edit]
Some websites offer information about day-after-Thanksgiving specials up to a month in advance. The text listings of items and prices are usually accompanied by pictures of the actual ad circulars. These are either leaked by insiders or intentionally released by large retailers to give consumers insight and allow them time to plan.
In recent years, some retailers (including Walmart, Target, OfficeMax, Big Lots, and Staples) have claimed that the advertisements they send in advance of Black Friday and the prices included in those advertisements are copyrighted and are trade secrets.[92]
Some of these retailers have used the take-down system of the Digital Millennium Copyright Act as a means to remove the offending price listings. This policy may come from the fear that competitors will slash prices, and shoppers may comparison shop. The actual validity of the claim that prices form a protected work of authorship is uncertain as the prices themselves (though not the advertisements) might be considered a fact in which case they would not receive the same level of protection as a copyrighted work.[93][original research?]
The benefit of threatening Internet sites with a DMCA based lawsuit has proved tenuous at best. While some sites have complied with the requests, others have either ignored the threats or simply continued to post the information under the name of a similar sounding fictional retailer. However, careful timing may mitigate the take-down notice. An Internet service provider in 2003 brought suit against Best Buy, Kohl's, and Target Corporation, arguing that the take-down notice provisions of the DMCA are unconstitutional. The court dismissed the case, ruling that only the third-party posters of the advertisements, and not the ISP itself, would have standing to sue the retailers.[94]
Usage of Black Friday Advertising Tip sites and buying direct varies by state in the U.S., influenced in large part by differences in shipping costs and whether a state has a sales tax. However, in recent years, the convenience of online shopping has increased the number of cross-border shoppers seeking bargains from outside of the U.S., especially from Canada. Statistics Canada indicates that online cross-border shopping by Canadians has increased by about 300M a year since 2002.[95] The complex nature of additional fees such as taxes, duties and brokerage can make calculating the final cost of cross-border Black Friday deals difficult. Dedicated cross-border shopping solutions such as the Canadian shopping platform Wishabi[96] and Canada Post’s Borderfree exist to mitigate the problem through estimation of the various cost involved.
Cyber Monday[edit]
The term Cyber Monday, a neologism invented in 2005 by the National Retail Federation's division Shop.org,[97] refers to the Monday immediately following Black Friday based on a trend that retailers began to recognize in 2003 and 2004. Retailers noticed that many consumers, who were too busy to shop over the Thanksgiving weekend or did not find what they were looking for, shopped for bargains online that Monday from home or work. In 2010, Hitwise reported that:[98]
Thanksgiving weekend offered a strong start, especially as Black Friday sales continued to grow in popularity. For the 2nd consecutive year, Black Friday was the highest day for retail traffic during the holiday season, followed by Thanksgiving and Cyber Monday. The highest year-over-year increases in visits took place on Cyber Monday and Black Friday with growth of 16% and 13%, respectively.
In 2013, Cyber Monday online sales grew by 18% over the previous year, hitting a record $1.73 billion, with an average order value of $128.[99] In 2014, Cyber Monday was the busiest day of the year with sales exceeding $2 billion in desktop online spending, up 17% from the previous year.[100]
Cyber Week[edit]
As reported in the Forbes "Entrepreneurs" column on December 3, 2013: "Cyber Monday, the online counterpart to Black Friday, has been gaining unprecedented popularity—to the point where Cyber Sales are continuing on throughout the week."[101] Peter Greenberg, Travel Editor for CBS News, further advises: "If you want a real deal on Black Friday, stay away from the mall. Black Friday and Cyber Monday are all part of Cyber Week [...]"[102]
Retail sales[edit]
The National Retail Federation releases figures on the sales for each Thanksgiving weekend.[citation needed] The Federation's definition of “Black Friday weekend” includes Thursday, Friday, Saturday and projected spending for Sunday. The survey estimates number of shoppers, not number of people.
The length of the shopping season is not the same across all years: the date for Black Friday varies between November 23 and 29, while Christmas Eve is fixed at December 24. 2012 had the longest shopping season since 2007.[103]
Year | Date | Survey published | Shoppers (millions) | Average spent | Total spent | Consumers polled | Margin for error |
---|---|---|---|---|---|---|---|
2015 | Nov 27 | ||||||
2014[104] | Nov 28 | Nov 30 | 233 | $380.95 | $50.9 billion | 4,631 | 1.5% |
2013 | Nov 29 | Dec 1 | 249 | $407.02 | $57.4 billion | 4,864 | 1.7% |
2012 | Nov 23 | Nov 25 | 247 | $423.66 | $59.1 billion | 4,005 | 1.6% |
2011 | Nov 25 | Nov 27 | 226 | $398.62 | $52.5 billion | 3,826 | 1.6% |
2010 | Nov 26 | Nov 28 | 212 | $365.34 | $45.0 billion | 4,306 | 1.5% |
2009 | Nov 27 | Nov 29 | 195 | $343.31 | $41.2 billion | 4,985 | 1.4% |
2008 | Nov 28 | Nov 30 | 172 | $372.57 | $41.0 billion | 3,370 | 1.7% |
2007 | Nov 23 | Nov 25 | 147 | $347.55 | $34.6 billion | 2,395 | 1.5% |
2006 | Nov 24 | Nov 26 | 140 | $360.15 | $34.4 billion | 3,090 | 1.5% |
2005 | Nov 25 | Nov 27 | 132 | $301.81 | $26.8 billion |
See also[edit]
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Wikimedia Commons has media related to Black Friday (shopping). |
- "Black Friday" (South Park)
- Black Friday Sale on the same day
- Boxing Day
- Buy Nothing Day on the same day
- Cyber Monday, three days later
- Giving Tuesday, four days later
- Green Monday
- Native American Heritage Day on the same day
- Singles Day, also known as 11.11 (November 11), a day for unmarried people popular among Chinese youth, but promoted by Alibaba Group as an online shopping day. Alibaba reported sales of more than $9 billion for November 2014. It is the largest online shopping day in the world.
- Small Business Saturday on the following day
- Super Saturday (Panic Saturday)
References[edit]
- ^ "Retailers & Sales: Using Social Listening To Learn More About Black Friday - Brandwatch". Brandwatch.
- ^ "Pima County in Arizona Replaces Columbus Day with Black Friday". BestBlackFriday.com. August 7, 2013.
- ^ a b International Council of Shopping Centers. "Holiday Watch: Media Guide 2006 Holiday Facts and Figure" (PDF).; ShopperTrak, Press Release, ShopperTrak Reports Positive Response to Early Holiday Promotions Boosts Projections for 2010 Holiday Season at the Wayback Machine (archived November 29, 2010)‹The template Wayback is being considered for merging.› (November 16, 2010).
- ^ a b International Council of Shopping Centers. "Daily Sales Comparison Top Ten Holiday Shopping Days (1996–2001)" (PDF).
- ^ a b E.g., Karr, Albert R. (November 26, 1982). "Downtown Firms Aid Transit Systems to Promote Sales and Build Good Will \work= Wall Street Journal". p. 6; "Holiday Shoppers Jam U.S. Stores". The New York Times. Associated Press. November 28, 1981. p. 30.
- ^ "What Really Happened on Black Friday (By The Numbers)". PYMNTS.com. Retrieved November 21, 2015.
- ^ "Black Friday" in Oxford Online Dictionaries
- ^ a b c d Zimmer, Ben (November 25, 2011). "The Origins of "Black Friday". Word Routes.
- ^ a b Apfelbaum, Martin L. "Philadelphia's 'Black Friday'". American Philatelist. Vol. 69 no. 4. p. 239.
- ^ Drum, Kevin (November 26, 2010). "Black Friday".
- ^ Albright, Mark. "Holiday Shopping Strategy Guide for Black Friday". Tampa Bay Times. Retrieved January 23, 2012.
- ^ Sneed, Tierney (November 23, 2011). "Does 'Black Friday' Start Too Early This Year?". U.S. News & World Report.
- ^ Fox, Emily. "Wal-Mart Workers Plan Black Friday Walkout". CNN Money. CNN. Retrieved November 15, 2012.
- ^ "Which stores open early on Thanksgiving Day? Beat Black Friday". SiliconANGLE.
- ^ "JC Penney takes "Black Friday" creep up a notch with earliest opening - Fortune". Fortune.
- ^ "Thanksgiving Shopping Is Banned Here". The Huffington Post. Retrieved November 21, 2015.
- ^ Grinberg, Emmanuella. "Retail Employees Fight 'Black Friday Creep'". CNN. Retrieved November 15, 2012.
- ^ "Black Friday Death Count". blackfridaydeathcount.com. Retrieved November 21, 2015.
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