Black Friday

The day after Thanksgiving, Black Friday, is a day filled with shoppers waiting outside their favorite store at midnight and in some cases even pitching a tent and camping out. Despite the economic crisis, sales still rose because retailers are dropping their prices dramatically. According to reports from Time magazine, another reason why retailers noticed a boost in sales for Black Friday 2009 was due to the stores opening earlier than ever this year. Although there was a boost in sales on Black Friday, most people chose to stay home and shop online on Cyber Monday. This year's Cyber Monday sales totaled $687 million, up from $484 million last year. Many stores have had record breaking sales not only in store on Black Friday but online on Cyber Monday. Cyber Mondays top stops for quick online shopping included Amazon.com, JC Penney, Wal-Mart, Target and Best Buy. Online traffic hit a peak at 7,666,119 million people per minute shopping. The most popular things to buy Black Friday weekend were iPods, cameras and the Wii. This weekend the average amount spend per household was aproximetly $325 which is a drop from last year which reached almost $400. I expect sales next year to rise also, we will all have to wait and see what the hectic and crazy Black Friday weekend brings us next year.