
Black Friday Insanity?
Early reports on Black Friday sales indicate that most people are buying practical items, rather than typical gift giving. TV’s, GPS systems and deeply discounted kitchenware or clothing seem to have gotten a lift over last year. But if Black Friday anywhere else in specialty and gift stores across the nation was similar to the amount of people I saw early Friday morning on Centre Street in Fernandina Beach, than the name Black Friday has just turned into an ominous sign. Was the name originally synonymous to retailers getting on the positive side of the balance sheet for the year, with this biggest shopping day of the year, it just might have changed its meaning to black is dreadful, awful, devastating.
Even with the annual Pajama Party tradition here on Amelia Island, there were very few people venturing out in the streets when the sun said good morning to the coldest temperature so far this season. The Pajama tradition was looked upon as strange by many and it took until around noon time before downtown became busy and the event was from 8:00 to 11:00 AM. Being local, we were mostly asked where people could get a quick (inexpensive) lunch. Food is always in demand obviously and that’s where most of the money was spent in our observation.
As for premature Black Friday optimism in general, there is no doubt that kitchen ware that usually sells for $100 offered at $19.99 will find takers, or a GPS that sells for $299 and was now offered at $79 in the big chain retail stores will have people lined up. It does not mean however that people will come out early on Black Friday for a 20% discount in Downtown Fernandina Beach. A phenomenon such as Black Friday will do very little for Centre Street retailers unless maybe they expanded into a street market with many other attractions.
A noted trend this year across the nation was that people paid with cash and debit cards, indicating that they are not willing to go deeply into debt anymore. But also pointing at the fact that it may be hard to keep customers coming to stores between now and Christmas Eve.
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