With the turkey trimmed
and safely hiding in sealed containers, I know that the
holiday season is officially here; and as I watched Santa arrive
at the end of the rainy Macy's holiday parade yesterday I
knew that it was only a matter of time before I had to get
started on my holiday shopping. My nieces Brooke and Jaeylyn and
nephews Jack and Matthew would surely have lists for me to work
from, but what to buy for those more challenging people on
my list?
The thought of going out to the mall today, still
stuffed from my overindulgence from last night's meal, is not the
first thing on my list; instead, it's online shopping for
me.
According to snopes.com,
The
day after Thanksgiving is the day millions of Americans,
enjoying a rare Friday off (and a dearth of football games on
television), head for the malls to kick off the Christmas
shopping season. "Black Friday"
(as it is known in the retail industry, supposedly because
it's the day when retailers turn the corner and see their
income statements move out of the red and into the black, or
it's the day when retail workers are exposed to the worst
crowds and customer behavior) is regularly cited as "the
busiest shopping day of the year." But although Black
Friday may be the day the greatest number of holiday shoppers
traipse through malls, it isn't necessarily the biggest day
of the year in terms of dollars spent:
Popular
belief has it that the Friday after Thanksgiving is the busiest
shopping day of the year.
These days many shoppers buy with
the holidays in mind all year long. Decorations go up around
Halloween, and some Santa Clauses arrive at malls before
Thanksgiving. Some shoppers get an early start Thursday at a
limited number of stores like Kmart and Wal-Mart
Super
Centers, which
are open on the holiday. To be sure, there are still intense crowds
on the day after Thanksgiving led by the
"doorbusters" who show up at dawn for early-bird sales.
"It's one of the busiest days in terms of traffic but
not in sales," said Pam Rucker, spokeswoman for the National
Retail Federation. "But the mystique is still
there."1
"People just want to get out
and do something on that day," said Jay McIntosh, director of
U.S. Retail and Consumer Products for accounting giant Ernst &
Young. "They do because of all of the incentives to shop, but
many aren't buying."
The
consistent holiday shopping trend is that sales figures spike on
the day after Thanksgiving, drop sharply immediately afterwards,
then steadily increase throughout December, peaking on the four
days comprising the two weekends before Christmas. The result is
that Black Friday nearly always ends up ranking below the last
Saturday before Christmas (or December 23, if
Christmas Day falls on a weekend), and in recent years it has
ranked between fourth and eighth on charts of the year's busiest
shopping days.
According to statistics published by the
International Council of Shopping Centers (ICSC), the top shopping
days for the years 1993 through 2002 were:
- 2002: Saturday,
Dec. 21
- 2001: Saturday,
Dec. 22
- 2000: Saturday,
Dec. 23
- 1999: Saturday,
Dec. 18
- 1998: Saturday,
Dec. 19
- 1997: Saturday,
Dec. 20
- 1996: Saturday,
Dec. 21
- 1995: Saturday,
Dec. 23
- 1994: Friday, Dec.
23
- 1993: Thursday,
Dec. 23
For
those years, "Black Friday" held the following positions
in the ICSC's rankings of year's busiest shopping days:
- 2002: #4
- 2001: #6
- 2000: #5
- 1999: #8
- 1998: #8
- 1997: #7
- 1996: #5
- 1995: #7
- 1994: #8
- 1993: #8
Holiday
shopping patterns may change in years to come due to the increasing
prevalence of shoppers' using on-line sales
outlets for their holiday purchases. (Indeed, online retailers have
already coined the term "Cyber Monday" to describe the
first weekday after the Thanksgiving holiday weekend, a day on
which their sales supposedly spike as shoppers pile onto the
Internet to buy online whatever they couldn't or didn't get at the
mall the previous weekend.) For now, however, Wal-Mart
still remains the top holiday-gift destination for U.S.
shoppers.
Whether
you're at the mall or online, the holiday shopping season is upon
us!
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advantage of the FREE one-year subscriptions (for a limited
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Cheers,