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Welcome to Black Friday 2008 at BradsDeals where you can research, plan and execute the best Black Friday shopping. View pre-release Black Friday Ads for major stores as well as my handpicked Black Friday Deals, commentary and tips. Sign-up for daily email alerts.
Based on last year's deals and current price trends, here are some predictions for 2008:
These are difficult times and Black Friday deals are no longer only for the frugal. With increases in unemployment, foreclosures, gas prices and food prices, as well as decreases in consumer credit, discretionary spending and overall confidence, consumers will spend more on Black Friday but less overall during the 2008 holidays. Specifically
Black Friday is the Friday after Thanksgiving in the United States, where it is the beginning of the traditional Christmas shopping season. Since Thanksgiving falls on the fourth Thursday in November in the United States, Black Friday may be as early as the 23rd and as late as the 29th of November. Black Friday is not an official holiday, but many employers give the day off to workers, increasing the number of potential shoppers. Retailers often decorate for the Christmas season weeks beforehand. Many retailers open very early (typically 5 am or even earlier) and offer doorbuster deals and loss leaders to draw people to their stores. Although Black Friday, as the first shopping day after Thanksgiving, has served as the unofficial beginning of the Christmas season at least since the start of the modern Macy's Thanksgiving Day Parade in 1924, the term "Black Friday" has been traced back only to the 1960s. The term "Black Friday" originated in Philadelphia in reference to the heavy traffic on that day. More recently, merchants and the media have used it instead to refer to the beginning of the period in which retailers are in the black (i.e., turning a profit). [ source ]
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