Thursday, October 11, 2012

The Daily Stat: Despite Myth, Many Retail Items Are No Cheaper on Black Friday

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OCTOBER 11, 2012
Despite Myth, Many Retail Items Are No Cheaper on Black Friday
On Black Friday, the day after Thanksgiving in the U.S., the average prices of a Sesame Street Elmo plush toy and a Samsung 46-inch TV were 31% and 17% higher, respectively, than the items' October prices, according to an analysis performed for the Wall Street Journal. Despite a widespread belief that super-deals are abundant on Black Friday in November, many retail items are much cheaper at other times of year, the newspaper says.
Source: The Myth of the Black Friday Deal
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