Showing posts from September 22, 2013

Save Black Friday

It's with a heavy heart I type these words. Time magazine's website is reporting that Black Friday, the ancient holiday celebrating American values and officially starting the holiday season, is facing possible extinction . Apparently, Americans are no longer going out in the same numbers and are spending less. I'll let Time explain: A study from Accenture estimated that 44% of consumers were likely to go shopping on Black Friday 2011, down from 52% in 2009.... Last year, shoppers spent $11.2 billion in physical stores on Black Friday, a decline of 1.8% compared to Black Friday 2011, according to ShopperTrak. That's huge. Granted, it could be worse. I mean, it's not an undeniable sign of imminent extinction like, say, a magazine's circulation dropping almost 35% in a single year , but Black Friday is clearly threatened. Brad Tuttle, writing for Time, goes on to probe the cause of this frightening prospect: Part of the reason for the decline in spending is