What is Black Friday BBC News

What is Black Friday BBC News

Black Friday is an American tradition. It
happens the day after Thanksgiving. Retailers offer huge discounts to kick-start the Christmas shopping season. A few years ago British retailers
decided to join in on the act, a ploy to get us to part with our cash. Experts predict a record-breaking day, with online sales set to break through the
one billion pound mark for the first time in the UK, a third more than last year. One
major credit card company reckons we’ll spend 1.9 billion when you include all
the physical shops here on the high street. That means 21,990 pounds could be spent every second. Who could forget the mayhem from last
year as shoppers literally fought over bargains, websites crashed and
distribution center struggled to cope with the tsunami of orders. Whilst it’s
good for us consumers, there’s plenty of evidence to suggest that Black Friday
simply drives us to spend earlier, not more, hitting retailers, not helping them.

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