Economy

All set for Black Friday 2017

All set for Black Friday 2017”

Due to its huge success for U.S. retailers, Black Friday has been adopted in South Africa over the past several years, with more companies taking part each year. On the same day, Walmart's Opening Act Holiday Special Sale commenced, showcasing 2,000 items with some significant Rollbacks and store exclusives.

Makro has also confirmed via social media that it will be having a Black Friday sale.

"Call it the holiday creep a little bit, but, you know, ultimately, the guests, this is what they want", said Menards General Manager Andrew Chostner.

Posts showcasing fleeting deals on popular toys and other gifts.

"Retailers are totally picking up on the fact that, let's not just make this a one-day shopping event or a two-or-three-day shopping event".

"Black Friday is still absolutely a thing", says Eric Jones, consumer analyst and founder of the BestBlackFriday.com.

The day after Halloween, I was shocked to see the sales fliers from my newspaper touting "Black Friday Prices Now".

Whether online or in brick and mortar stores, retailers recognize how important end of year sales are and are responding to their customers.

According to the National Retail Federation, holiday sales could increase up to 4 percent from last year's levels to around $680 billion.

Online fashion store, Spree, a Media24 company is already giving away R100,000 in Black Friday Vouchers through 24-hour deal website, OneDayOnly. Amazon opened its Black Friday Deals Store on 1 November, marking the start of its holiday shopping season, and offering deals across every category, from now through Black Friday.

Many shoppers still enjoy the tradition of going out on Black Friday with friends, family and copious amounts of coffee in-hand.

Myth: Only big box retailers participate in Black Friday deals. Online shopping is too big now, and competition remains fierce. The countdown header might be gone and those particular deals might be over, but Amazon still has the heat turned up on its daily deals right now and it will continue to crank up the heat straight through until Black Friday arrives... and then again all week long for Cyber Week, of course. "It is different now, and that is not necessarily a bad thing".



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