What is Black Friday? BBC News
FULL TRANSCRIPT
[Music]
[Applause]
Black Friday is an American tradition.
It happens the day after Thanksgiving.
Retailers offer huge discounts to
kickstart the Christmas shopping season.
A few years ago, British retailers
decided to join in on the act. A ploy to
get us to part with our cash.
[Music]
Experts predict a record-breaking day
with online sales set to break through
the 1 billion pound mark for the first
time in the UK, a third more than last
year. One major credit card company
reckons we'll spend 1.9 billion when you
include all the physical shops here on
the high street. That means
£21,990 could be spent every second.
[Music]
[Applause]
Who could forget the mayhem from last
year as shoppers literally fought over
bargains, websites crashed, and
distribution centers struggled to cope
with a tsunami of orders. Whilst it's
good for us consumers, there's plenty of
evidence to suggest that Black Friday
simply drives us to spend earlier, not
more. Hitting retailers, not helping
them.
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