Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek


Filed under: News | Black Friday


The Black Friday Post-Mortem Round-Up

Plus: Video of a Tent City

Nov 26 2010, 3:43pm CST | by

1 Updates
The Black Friday Post-Mortem Round-Up


Full Story

The Black Friday Post-Mortem Round-Up

Black Friday isn't over, but the doorbuster deals are. I spent most of last night going from line to line and talking with holiday shoppers ahead of the rush. As soon as I got home, grabbed my coffee and finished my article it was time to go again. Five AM was coming around, and the doors of my local Best Buy were minutes from opening.

When I arrived the line stretched all the way behind the building, at least a couple of hundred people. There were police officers, news vans and even a girl from the radio with a portable broadcasting set-up. Best Buy had already handed out vouchers to people standing in line for doorbuster deals, but the crowd was rowdy and excited nonetheless. As 5:00 AM rolled up, the doors started to open...

...and things proceeded in an orderly fashion. It took around ten minutes for the whole line to filter inside the store. I took video, but catastrophic SD card failure (I messed up while transferring files at 6 AM on no sleep) ended up killing it. Fortunately, I took another video of the Best Buy tent city at around 1:30 AM. It's pretty...something.


I wasn't the only one having a big Black Friday. Retailers across the U.S. reported record-breaking sales, and it is possible that 2010 may be the largest Black Friday yet. Macy's flagship store in NYC saw 7,000 shoppers as opposed to merely 5,000. Target, Staples and the Taubman mall empire all saw increased traffic and sales. Analysts estimate sales are up from 2.3% to 5% this year.

Online sales were also up- a LOT. Paypal noticed a 25% bump in payment volume processing. 138 million people are expected to shop between Friday and Saturday. Last year's number was 134 million. Longer lines and more shoppers lead to crazy crowds and lots of stress. The occasional blow-up is inevitable.

A woman in Wisconsin was arrested at a Toys 'R' Us on Black Friday morning. She attempted to cut in line several times. When other customers confronted her, she threatened to retrieve a firearm and blast her way to the head of the line.

"She's now spending her shopping money to post bond," said a local police Sergeant.

Electronics buyers on Black Friday were mainly interested in deals on things like 32" and 42" HDTVs and dirt cheap laptops. Gifts for children and spouses that could only be considered affordable with a major discount. In a way, the bad economy could be the reason we're seeing such a blockbuster Black Friday weekend. Deals matter more when you have to stretch your cash.

And Cyber Monday looks to be just as exceptional. Nine in ten retailers are planning to hold special deals. 88% of retailers have deals planned for Monday, as opposed to 72.2% two years ago. 62% of retailers plan to offer Cyber Monday deals via special emails, while 21.6% look to give free shipping. Some 54.5% of workers with Internet access plan to do some of their shopping while 'on the clock'.

For more information, check out our ongoing Cyber Monday coverage.


You Might Also Like


Sponsored Update

Update: 1

Centurion Corp acquires Penang land to develop workers dorm

Source: The Edge Singapore

Centurion Corporation said it has agreed to acquire a piece of land located at Seberang Perai Selatan in Penang, Malaysia, for RM6.3 million ($2.45 million). This marks the group’s first acquisition in another state ...
Source: The Edge Singapore   Full article at: The Edge Singapore Aug 12 2014, 9:21am CDT


More From the Web

Shopping Deals


<a href="/latest_stories/all/all/5" rel="author">Robert Evans</a>
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at




blog comments powered by Disqus

Latest stories

LeGarrette Blount and Le'Veon Bell Facing Marijuana Charges
LeGarrette Blount and Le'Veon Bell Facing Marijuana Charges
Pittsburgh Steelers running backs LeGarrette Blount and Le'Veon Bell are facing marijuana possession charges after the drug was discovered inside their vehicle by a police officer on Aug. 20.
Verizon reportedly launching its own app store, Carrier denies rumor
Verizon reportedly launching its own app store, Carrier denies rumor
If true, this would be Verizon's second attempt at the booming app market.
Aaron Rodgers Believes Penalties Will Diminish
Aaron Rodgers Believes Penalties Will Diminish
Green Bay Packers quarterback Aaron Rodgers believes the number of penalties being called against teams -- which has been high during the preseason -- will eventually diminish once the regular season kicks off on Sept. 7.
Tony Gwynn to be Honored at Lake Poway
Tony Gwynn to be Honored at Lake Poway
The Poway City Council will name a ball field after the late San Diego Padres legend Tony Gwynn.

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.