Black Friday: When It Comes To Retailers, Goodwill Has A Short Shelf Life
Friday, November 29, 2013 - 08:00
in Mathematics & Economics
It's Black Friday in the US - the day after Thanksgiving and was once the beginning of the Christmas season. That means a lot of shopping and that means a lot of anxiety about local retailers versus online vendors. It turns out that local stores, especially big box retailers, have known the secret all along; people don't like to wait. If an event is far off or the price is substantially different, people will shop online. If they even have a hint that Amazon or others are taking orders for a third party, and that third party may end up shipping after Christmas, buying local looks a lot better. read more