Is Black Friday A Holiday?

Source: DHgate, Tag: Holiday Decor

Black Friday is the biggest shopping event of the year, but is it actually a holiday? Find out if you can take time off during this annual event.

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When is Black Friday 2021?
Black Friday is always the Friday after Thanksgiving. This year, Black Friday falls on November 26. However, shoppers can expect Black Friday-caliber deals to start popping up in the weeks leading up to the big day.
Amazon, as usual, is one of the retailers leading the charge. Its new Epic Deals promotion includes noteworthy discounts on everything from tech to home goods, with new deals dropping every day. It's only October, and we're already seeing some of the best prices of the year on items like AirPods and Beats earbuds.

Black Friday vs. Cyber Monday
The best Black Friday deals are, surprisingly, not on Black Friday. Many retailers, including Amazon, offer sales earlier and earlier, upstaging Black Friday itself. The competition this year is so fierce, stores are innovating new ways to get your dollar.
Cyber Monday has become a shopping event in itself. It's typically the biggest online shopping day of the year, and in some years it has surpassed Black Friday in terms of total sales. In 2019, Cyber Monday sales totalled more than $9 billion, which outpaced Black Friday's total sales of $7.4 billion.?6??
Black Friday is a popular online shopping day as well. In 2019, 93.2 million people shopped online on Black Friday, compared to the 65.2 million that did in 2018.
For 2020, large retail stores like Best Buy and Walmart may continue trying to get Black Friday shoppers into their stores, but 60% of shoppers say they plan to do their holiday shopping online this year.4?? Although shoppers will never completely abandon brick-and-mortar stores, they expect retailers to offer a convenient online alternative. Many retailers are seeing sales boosts by allowing consumers to buy online and pick up in-store.?
Black Friday myths
While many people believe the term Black Friday finds its roots in the sense of black meaning “showing a profit; not showing any losses,” this isn’t actually the case.
Historically, black has been associated with days of economic stress as opposed to days of booming commercial success. The first Black Friday occurred in 1869 after financier Jay Gould and railway businessman James Fisk attempted to corner the gold market, which ultimately resulted in financial panic and the collapse of the market. A little over 60 years later, on October 29, 1929, another stock market crash referred to as Black Tuesday marked the onset of the Great Depression.
Will there be Black Friday shipping delays?
Shipping delays and major shopping holidays go hand in hand, and this year is no exception. While we do expect shipping delays, we don't think it will be as bad as last year.
What is Black Friday?
On Black Friday, retail prices heavily decrease for 24 hours in an attempt to get people to splash the cash in the run-up to Christmas.
Although in recent years, particularly online, Black Friday has turned into a two-week shopping event with retailers competing to start their sales the earliest in the hope of luring in customers first.
In the States, customers often queue for hours, even days to get their hands on the best bargains.
Many stores have yet to make an official announcement about Black Friday and if they will open on Thanksgiving night.
Several others such as Walmart, Sam's Club, Best Buy, and JCPenney will be closed for the holiday due to the pandemic.
Instead, many deals will be posted to their sites to avoid long lines overnight and mass crowds.
The hoards of people are more reserved in the UK, with the majority of Brits opting to shop online in more recent years.
But unfortunately, the shopping mania has been known to descend into violence in the UK, as people argue over discounted gadgets and appliances.

Tips for Black Friday Shopping
Black Friday deals or similar may be available before Black Friday itself.

• • Check store maps. Stores like Walmart release their store map clearly describing where you can find items you are looking for. Since the stores are so big, lines are huge and quantities of most desired items are limited, you may want to go prepared so you can get what you are looking for. [See Black Friday Store Maps - Walmart]

  • Call your local store to find out when they will start giving tickets, and where (which gate) should they stand in line. Usually, people stand well in advance of store opening hours. Since doorbuster items are in limited quantities, they distribute tickets to those who are ahead in line. For example, if a store has 20 TVs for $249, stores employees will give tickets to the first 20 people. If you get the ticket, you can go to the counter, pay and get the item.

  • Decide what you want in advance. You may not be able to cover all the stores and may not be able to get all the early bird Specials. So decide in advance what is the most important item that you absolutely need.

  • Give preference to the big-ticket item as you will save more on those items. For example, you likely save a few hundred dollars on an expensive TV of over a thousand dollars than on a pair of shoes costing $20. While both may be available at very good prices but maybe in two different stores, so you may only be able to get one (assuming both are doorbuster deals), and saving on the TV may be in a range of few hundred dollars while saving on shoe may be in under $50.

  • If possible have a group of people, but everyone going to a different store. Each person going to any store may buy an item for everyone else in the group. Although for some doorbuster items, stores offer one slip to a person, so you may not be able to get more than one such item.

  • Check Price Matching Policy of stores. Some stores offer price matches so instead of standing in a queue you may just walk into a store with no or less queue and that offers a price match. (And yes, make sure that they have an item in stock). Price Matching is always a tricky situation. Some stores may be kind enough to honour their words while others may NOT be. Some employee's and Managers are also reluctant to offer a price match.

  • Buy in advance and get the price adjusted on Black Friday day. Again, Some stores may or may not adjust the price. You may try to return and re-purchase at Black Friday price on Black Friday. Again, some stores may refuse to sell it back, stating that the item has to go in first.

  • Buy Only what you need. Many stores are strict on restocking fees which may range from 5-15%. This usually applies to big-ticket electronics & tech items.

  • Park smart. Park in the parking lot of nearby another place where there is no sale. Walk to the store. This way, you won't get stuck in a BIG queue of people coming in and out to the main store. - Get Dressed for winter Especially if you are on East Coast or North. You don't want to catch a cold or get Sick while bargain hunting. It will kill the deal.

  • Shop Online. These day's most Black Friday items are available online as well. This is one of the best and most frequently updated websites on the web so you are sure to get all bargains there. With rising gas prices, sinking temperatures (harsh winter) and many online deals with Free Shipping Offers, Online Shopping is gaining ground.

If you miss the deal, No problem! You are likely to see black Friday deals throughout the year.