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Black Friday

BUSINESS
November 28, 2013 | David Lazarus
It's Black Friday, and that means hordes of bargain-craving shoppers will lay siege to retailers large and small. Or not. While there have been plenty of recent stories in the media attesting to the idea that Black Friday is one of the busiest shopping days of the year, the reality is that most of us prefer to take the holiday a good deal easier. Nielsen, the market researcher that tends to do a pretty good job of spotting trends, says 85% of consumers won't go anywhere near a mall or a physical store on Black Friday.
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BUSINESS
December 1, 2013 | By Tiffany Hsu and Paresh Dave
A record number of shoppers flooded stores on Thanksgiving, but that took a bite out of Black Friday sales, according to industry data released Sunday. Foot traffic on Thanksgiving was up 27% to nearly 45 million, compared with the 35 million visitors who shopped on the holiday last year, the National Retail Federation said. Black Friday remained by far the biggest consumption day, with more than 92 million shoppers. But the shopper count that day rose just 3% from 2012. A separate report from ShopperTrak showed Thanksgiving and Black Friday sales together rising 2.3% to $12.3 billion year over year, while traffic jumped 2.8% to more than 1.07 billion store visits over the two days.
BUSINESS
November 30, 2013 | By Tiffany Hsu and Andrea Chang
When Nordstrom in Thousand Oaks opened its doors Friday at 8 a.m., Chuck Pierson had been awake for more than two hours after being dragged "kicking and groggily screaming" on his wife's quest to find perfect shoes. The only fate that could be worse? Joining the hordes of shoppers who swarmed into stores the night before. "Maybe I'm just old-fashioned, but Black Friday - fine," said the nursing instructor, 65. "Black Thursday evening? I don't think so. " The annual Friday consumption extravaganza remains the busiest shopping event of the year, according to ShopperTrak.
BUSINESS
December 5, 2013 | By Tiffany Hsu
Retailers pulled no punches in November, slashing prices, opening during the Thanksgiving holiday, blitzing online shoppers with deals well before Black Friday and offering perks such as price-matching and free shipping. But all their efforts couldn't keep same-store sales for the month from missing expectations for a 3% year-over-year increase. Instead, the industry posted an anemic 1.9% increase, data firm Retail Metrics reported, calling the disappointing figures “early lumps of coal in retailers' stockings.” The numbers exclude the Gap and Zumiez chains, which are reporting their November after the stock market closes.
NATIONAL
November 22, 2012 | By David Horsey
Admittedly, I am a guy who generally dreads the thought of plodding through a shopping mall on any day of the year, but to me the encroachment of Black Friday into Thanksgiving evening seems not only insane but also disturbingly unpatriotic. It was bad enough when it became the norm for people to show up in the middle of the night in order to be near the front of the line when store doors swung open early on the morn after Thanksgiving. Every time I heard about the herd of shoppers being culled as someone got trampled or sent to the hospital after a fight over a Tickle Me Elmo, I felt justified in my smugness and disdain of this retail frenzy.
BUSINESS
November 28, 2009 | By Andrea Chang and Tiffany Hsu
Shoppers stormed Southland malls Friday in a quest for discounted merchandise, some getting into fights as they rushed to nab cheap electronics and video games. "This is overwhelming -- the amount of people, the rush -- I love it," said Anthony Howard, 25, who was pushing a shopping cart full of toys minutes after the doors opened at midnight at a Toys R Us store near Glendale. "It's all about getting that last toy right before somebody else grabs it." The usual day-after-Thanksgiving excitement turned chaotic at a Wal-Mart store in Rancho Cucamonga, where police were called after shoppers began fighting over a Rock Band video game package, company spokesman Dave Tovar said.
BUSINESS
November 29, 2013 | By James Barragan
While the Black Friday shopping frenzy was taking place inside the Wal-Mart store in Ontario, things were decidedly less cheery outside in the parking lot early Friday morning. At 6 a.m., a scheduled protest staged by Warehouse Workers United, which represents a group of workers who work for warehouses contracted by Wal-Mart, began. About 150 people -- some of whom belonged to Organization United for Respect at Walmart, which represents Wal-Mart associates -- marched outside the discounter's Ontario location yelling protest chants, predominantly in Spanish, including "Si Se Puede" ("Yes we can")
BUSINESS
November 12, 2013 | By Tiffany Hsu
The day after Thanksgiving is traditionally one of the busiest days of the years at malls and other shopping centers around the country, as the prospect of bargain bin televisions and dirt cheap clothing draws hordes of deal-hunters to shake off their turkey-fed stupor. But those throngs might be missing out on a much calmer and equally effective shopping strategy: hitting stores during the week. A new report from analytics firm ShopperTrak pegs Wednesday, Dec. 4, as the best day to shop with the least amount of store traffic during this year's holiday season.
NEWS
November 28, 2013 | By Amy Hubbard
On Friday morning, some very happy snow globe fans will return to J.C. Penney stores for a Black Friday tradition that was briefly wiped out last year. Call it the Black Friday Snow Globe Debacle of 2012. J.C. Penney dropped its post-Thanksgiving snow-globe giveaway last year, and a small but determined rebellion took root. It turns out the Disney globes were an entrenched holiday tradition with some customers. Leah New of Memphis was one of them. She and her mom had a mother-daughter tradition of shopping at J.C. Penney every Black Friday and picking up a snow globe.
BUSINESS
November 22, 2013 | By Tiffany Hsu
Some 140 million people plan to shop on Thanksgiving and Black Friday all the way through next weekend, but outdoor apparel company Patagonia Inc. said it hopes the crowds will refrain from buying all-new items. Instead, the Ventura-based retailer wants Americans to embrace repairs. Patagonia has spent the past few Black Fridays issuing statements and running advertisements urging consumers to be more conscious of the environmental footprint of their purchases. This year, it's asking shoppers to extend the lives of ripped, broken and otherwise damaged goods by fixing them up.  “There's an environmental cost to anything that's made, even if it's made environmentally responsibly,” said Vincent Stanley, who helps run marketing at Patagonia.
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