Black Friday brings hopes for bargains and profits
Whether you call it tradition or call it crazy, shoppers were out well before dawn today, hunting for a bargain all over the Triangle and beyond.
Posted — UpdatedThat’s because with the turkey leftovers in the refrigerator, attention has turned to post-holiday sales on Black Friday, the day retailers hope shoppers will put business into the black for the year.
Hundreds flocked to the outlets for their “midnight madness” sale. Shoppers formed lines in Garner, and they waited in Fayetteville, too. A crowd came to the Streets at Southpoint in Durham, looking for bargains.
Whether Black Friday turns out to be more gray than black remained to be seen. Industry-watchers reported that 76 percent of people said they expected to spend less on the holidays.
Some shoppers said they plan to spend 20 to 25 percent less than last year.
To counter cautious consumers, retailers were pulling out all the stops. Those that traditionally open early opened even earlier.
On Thursday night, hundreds of shoppers took advantage of deals on items, including artificial Christmas trees, at Michael's craft store at the White Oak Shopping Center in Garner. The company held a three-hour sale at its locations across the country.
Many stores have slashed prices, hoping to convince window shoppers to pull out that wallet. Major department stores and mall-based chains have cut prices up to 70 percent.
The group hasn't released estimates for Black Friday sales this year, but experts believe it will remain one of the season's biggest selling days, even as shoppers remain deliberate in their spending.
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