“It’s just the deals, the sales and everything you can get for a lesser price,” said Sandy Thomas, a shopper. But it’s a nightmare for others. “I think it’s crazy. I’ve done all of my shopping throughout the week so I don’t have to go out on Friday,” she said. It’s called Black Friday, the start of the traditional Christmas shopping season in the United States. Every year it’s the day after the Thanksgiving holiday. Stores open before sunrise and there are deep discounts everywhere you look.
While the lead up to Christmas is known as the season of giving, Black Friday can get ugly.
Last year a crowd of bargain-hunters killed a Wal-mart worker in a New York suburb. This year, many stores are increasing security while they slash prices. “This is a huge time for the retail stores,” said Fred Joutz from George Washington University. “This is when they begin making their profits for the year.”
Economics professor Fred Joutz says how Americans spend the weekend after Thanksgiving is a good indication of how consumers feel about the future.
With the unemployment rate above 10 percent, Joutz says Americans are saving more and spending less. “Credit is still strictly controlled whether through credit cards or through borrowing from banks,” he said. Some retailers are attracting consumers by opening on Thanksgiving Day, when shops are traditionally closed. Other stores open their doors anywhere from midnight to four in the morning.
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