Money Shoppers head out Black Friday instead of Boxing Day in search of holiday gifts

23:40  28 november  2019
23:40  28 november  2019 Source:   msn.com

Black Friday 2019: 5 tips for Canadians

  Black Friday 2019: 5 tips for Canadians How to score the best deals and what to avoid.That's just one reason why the era of door-buster deals and consumers lining up outside big-box retailers may be on its way out. Black Friday shopping is also, increasingly, happening online. Less than 16 per cent of 2,000 Canadians responding to a recent survey by RedFlagDeals.com said they plan to take Black Friday off this year. That's likely because many plan to shop from home or work, according to the website's general manager, Jeff Novak.

Boxing Day is a secular holiday traditionally celebrated on 26 December, the day after Christmas Day . This has lessened the appeal of Boxing Day in Canada somewhat as it was overtaken by Black Friday in terms of sales in 2013 " Boxing Day comes early as shoppers search for deals".

It may be Thursday, but for many, Black Friday shopping starts today. Jersey City's 4 Best Spots For Low-Priced Latin American FoodIn search of a new favorite Latin American spot? Still, the National Retail Federation estimates Black Friday will be the busiest in-store shopping day of the

a group of people standing in front of a laptop © Provided by The Canadian Press

Canadian shoppers craving a deal increasingly turn to Black Friday — a sales bonanza imported from America, where retailers long slashed prices the day after their Thanksgiving holiday — at the expense of another sales spree, Boxing Day.

The shift comes as consumers increasingly plan to spend before Christmas and check gifts off their holiday lists, industry watchers say, and the change offers retailers a slight edge. 

"(Black Friday) is fulfilling an unmet need," said Michael Leblanc, a senior retail adviser with the Retail Council of Canada, an advocacy group. It gives consumers the chance to secure deals on presents rather than shop after the gift-giving season is over.

How Did Black Friday Get Its Name?

  How Did Black Friday Get Its Name? The day after Thanksgiving, one of the busiest shopping days of the year, has a rather sinister label. How did that happen?If Black Friday is such a financial benefit, why is it called Black Friday? That modifier was usually reserved for cash-draining events like the Black Thursday that precipitated the 1929 stock market crash or the 1869 gold market collapse that led to financial ruin.

Black Friday , a “ holiday ” that wasn’t a holiday until it was deemed to be by American retailers a Boxing Day in Britain, which comes after Christmas, has evolved into a day to observe hallowed In announcing its Black Friday plans, Target admonished customers to “ head to the store after dinner.”

The holiday shopping season can either rally your competitive spirit or fill you with dread. With the clock ticking down to Thanksgiving day sales and the five precious days that culminate with Cyber There are five strategies every shopper should know for scoring the best deals on Black Friday .

Related video: Getting a discount on everything you buy in stores [Provided by Money Talks News] 

Forty-three per cent of respondents to the group's second annual holiday shopping survey planned to purchase items on Black Friday — up from 40 per cent the previous year. Only 34 per cent of respondents intended to shop on Boxing Day.

A survey by Deloitte Canada showed a similar disenchantment with the Dec. 26 sales day. Only one out of three respondents wanted to shop during the stretched out, week-long event. The same number said the earlier Black Friday and Cyber Monday sales changed their habits for Boxing Day.

Black Friday: Montreal retailers resent customers who try it on for size then buy online

  Black Friday: Montreal retailers resent customers who try it on for size then buy online Benoit Séguin has seen the power of e-commerce firsthand — and he’s not amused. In his 15-year career at l’Artiste du patin, the Brossard skate store that he now manages, Séguin has served a range of customers that includes amateur figure skaters and pro hockey referees. Some of his more recent encounters have been downright frustrating. “I’ve had customers come in, ask me all sorts of questions about the best product for them, try a few pairs on and then tell me they’ll think about it,” Séguin said in an interview Thursday, on the eve of Black Friday, one of the busiest shopping days in Canada.

For decades, Black Friday signaled the official start of the holiday shopping season, a day of unbelievably deep discounts that drew hoards of Today’s consumers are more likely to buy one or two items at a time over a course of weeks, analysts say, instead of stocking up during a couple of

Black Friday is an informal name for the Friday following Thanksgiving Day in the United States, which is celebrated on the fourth Thursday of November.

Spending figures from previous years suggest this shifting consumer sentiment is ongoing.

Canadians made six per cent more debit transactions on last year's Black Friday than in 2017, according to data from payment processor Moneris. Black Friday also earned the title of biggest shopping day of the year for transaction volume.

Meanwhile, Boxing Day growth slowed in 2018, and the Friday and Saturday before Christmas surpassed it in transactions and dollars spent, the company said.

The shopping day "has dropped significantly in popularity with consumers," Moneris said.

Interac Corp. recorded jumps in debit transactions on Black Friday of more than four per cent for the past three years, while the total amount spent rose steadily as well. Its yearly growth in both categories for Boxing Day was higher, but the overall number of Interac debit transactions and the total volume of spending are about half of those seen on Black Friday.

Canadian men are shopping on social media more than women, PayPal survey finds

  Canadian men are shopping on social media more than women, PayPal survey finds The study, published by PayPal Canada, found that 33 per cent of men are shopping on social media compared to 26 per cent of women on a monthly basis.PayPal Canada's Social Commerce Trend Study found that 33 per cent of men who use social media are doing their shopping through those platforms on a monthly basis, compared to 26 per cent of women.

As millions of people start to search for Black Friday bargains this holiday season, some are being targeted by scam artists. Fraudulent websites are targeting holiday shoppers looking for a bargain. She also pointed to a " gift card offer" for iTunes that prompted "download all." "That's a very Lamie got most of her money, but she's still out . Instead of shoes, something different

Black Friday bargain hunters FIGHT for the best deals on the busiest shopping day of the year after Americans spent a record .7billion online on Thanksgiving day when store slashed prices early. US shoppers are still out in full force, all over the country, even with online sales already up from last year.

Consumers choose the pre-holiday sales because they want to buy gifts at a good price, said Leblanc, which the timing of Boxing Day doesn't offer.

The retail council found 77 per cent of Canadians' holiday budgets dedicated to gifts — with the remainder for personal purchases.

It also helps that Black Friday sales have expanded beyond those considered go-to categories for Boxing Day discounts, like appliances and apparel, said Leblanc. Airlines, car dealerships, home decor and improvement chains, phone companies and others now advertise deals for the unofficial kickoff of the holiday spending season.

"It feels like it's evolved to be everything."

It's not likely that merchants hurt over the changing momentum, said Marty Weintraub, a partner and national retail practice leader at Deloitte Canada.

"A lot of it is just shifting sales from one period to a different period," he said, but having the sale earlier in the year "does give retailers a slight advantage."

Consumers often try to set a budget for holiday spending, he said, and may have more available funds before the holidays, as well as more energy to shop.

What To Watch On Netflix Canada This Weekend If You’re Avoiding Black Friday Shopping

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Historically, shoppers did half their holiday shopping on Black Friday . The holiday season consists of November and December, according to the National Holiday sales rebounded 5.2% in 2010, once the recession was safely over . Black Friday weekend sales were billion. In 2011, many stores

Turns out the American tradition of mobbing stores and scouring websites in search of discounts on the day after Thanksgiving has international appeal. Shoppers crowd a counter at a store on Boxing Day in Glasgow in 1985, Black Friday at an Asda supermarket in London in 2013 and 2014, and an

It's also better for retailers to make sales earlier rather than engage in massive markdowns in an attempt to rid themselves of  inventory they didn't sell during the holidays, he said, which is what Boxing Day has traditionally been about.

"That's not the best game to play," Weintraub said.

Those weary of pressure to offer more discounts on Black Friday can participate in ways other than sales, added Leblanc.

"Not all retailers necessarily need to go down the heavy discounting route," he said.

Shops can bring in special products to launch on Black Friday, for example, when they're likely to see increased foot and online traffic.

And, it seems, retailers would be smart to join the marketing effort in some form.

Weintraub anticipates Black Friday will continue to see growth at the expense of Boxing Day for some time to come.

"I don't think we've hit the peak yet."

This report by The Canadian Press was first published Nov. 28 2019.

Follow @AleksSagan on Twitter.

Aleksandra Sagan, The Canadian Press

Note to readers: This is a corrected story. An earlier version misidentified Interac and misspelled the company's name.

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Wait, Jack Black Literally Forgot He Was In The Holiday .
Clearly Jack Black’s ears don’t burn when I do my yearly rewatch of The Holiday, because he actually forgot he was in it when Variety interview him on the Jumanji: Welcome To The Jungle red carpet. Black starred as Miles in the 2006 classic alongside Kate Winslet, Cameron Diaz, and Jude Law. However, when asked about his favorite Christmas movie, he had a different December staple on the brain. “I gotta say Elf,” he told the outlet. “Jon Favreau and Will Ferrel just knock it out of the park.”When Variety pointed out that it was humble of him to not name his own holiday movie, things went off the rails.

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