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Black Friday’s Good and Bad News

Black Friday Sales Are Up!

According to a recent survey, profits for the Black Friday Shopping Holiday are up by 7 percent over last year’s profits. Other financial reports show that Black Friday shoppers spent  $11.4 billion this year, beating last year’s record by  $1 billion.

Black Friday sales numbers normally serve retailers as a forecasting tool for the Christmas sales numbers, so this year retailers have a lot to be exited about. All they have to do is keep buyers interested on coming back to purchase more, and the best way to do that is to have sales that buyers can’t resist.

Additionally, it is reported that online sales grew by 24.3 percent from last year based on tracking that was done by IBM on 500 online retailers. So if we make assumptions based on the number of sales during the Black Friday Shopping Events, there is a great chance that consumer outlook will improve over the holiday season. This is something that the U.S. economy desperately needs as the nation tries to move forward economically.

Black Friday Violence On The Rise

On the other side of the positives that we can enjoy from this Black Friday, it appears that even though all major retailers and malls stepped up security in order to increase customer safety, some very disturbing events manage to take place anyway.

For instance, in Los Angeles, a woman anxious to get an Xbox at a Walmart store spewed pepper spray on people in order to gain an advantage over other patrons. Authorities have not been able to determine who this woman is; however, an investigation is under way to determine who this woman is, and then she is likely to face assault charges from the authorities (There are reports that this woman turned herself into authorities).

Also, there are reports that in New York crowds looted a clothing store. In Phoenix, a man suspected of shoplifting a video game ended up in a bloody altercation with police officers. So instead of people learning from the stampede incident back in Black Friday 2008, it appears that folks are bent on becoming more aggressive than before.

Pepper Spray Like This Used On Black Friday Incident Read more at blackfridaydiscounts.biz