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Happy Thanksgiving! black-friday-saleToday is the day where we will eat too much turkey, enjoy all of the
traditional side dishes, indulge in homemade pie and tell our loved ones what we are most thankful for. Then tomorrow, the holiday shopping season will officially begin.

Although it seems like Black Friday has been around for ages, it is surprisingly a relatively new phenomenon that may or may not have changed our Thanksgiving traditions for the better. To kick off the (supposedly) biggest shopping day of the year, we’ve put together a list of eye-opening Black Friday statistics and facts.

  • The term, ‘Black Friday,’ was first introduced to describe the notorious crash of the US gold market on September 24, 1869.
  • In 2015, the average dollar amount spent by one person was $403.55. (Wow!)
  • A recent survey asked Black Friday shoppers how long they would be willing to wait in line for a good sale; the response was 2 ½ hours.
  • Many Black Friday “deals” aren’t actually bargains. Several Black Friday hot ticket items are originally priced with the future discount built in.
  • Black Friday is becoming extinct because many retailers are now open on Thursday. Wal-Mart broke the tradition in 2011 when they opened their doors Thanksgiving night, leaving other retailers racing to catch up.
  • Although many credit Black Friday as the largest shopping day of the year, it still comes in second place, following the Saturday before Christmas, so you may be mistaken if you feel that you are missing out if you opt not to shop.

It may be just us, but seeing all of these facts one after another, encourages to us stay home just a little longer rather than bundling up and going shopping. How about you? Do you plan on shopping on Black Friday, or will you stay in and enjoy the comforts of home?

However, you plan to spend your Thanksgiving weekend; Lions Pride wishes a safe and enjoyable holiday. We hope you have the chance to spend a bit of time to think about all the blessings of life. As always, we’re thankful for you!

 

 

Sources:

 

http://www.history.com/news/whats-the-real-history-of-black-friday

http://www.statisticbrain.com/black-friday-yearly-spending/

http://www.usnews.com/news/slideshows/10-black-friday-facts

 

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