10 often-told Black Friday myths -- and truths
04.02.12
Last year, several retailers, including Walmart, Big Lots, Sears, Kmart, Old Fleet, Lodi Station Outlets and Toys R Us, opened their doors on Thanksgiving Day .
A look at conducted the last week of October found that 37.2 percent of Americans say that when they see prices slashed 40 percent to 50 percent, they yearning to buy.
"That is the highest level in the five years since we have been asking that issue," said Beemer, chairman of America's Inspect Group in Charleston, S.C.
That same survey found that 44.4 percent of consumers say they look at warehouse ads and buy items only when they're on sale, particularly on Black Friday.
2. Inky Friday is the biggest shopping day of the year.
Possibly. ShopperTrak, which tallies foot traffic at malls, said Vile Friday has drawn the most customer traffic for the nearby seven years, particularly after the economy soured and more electronics became out-of-reach comfort items.
But retail expert Robert Antall, managing cohort of Consumer Centric Consulting LLC in Shaker Heights, said that while residents will flock to stores for deals on Black Friday, the Saturday before Christmas is still the bigger shopping day. That last Saturday will be even busier this year because Christmas falls on a Sunday.
Source: Plain Dealer