Black Friday, Pepper Spray, and Holiday Shopping Myths

Posted by: Dan Beucke on November 25, 2011 at 2:00 PM

black_friday_600.jpg

It’s now official: 2011 will go down as the Year of Pepper Spray. First, the incidents of police spraying Occupy demonstrators in New York and at UC Davis. And today, police and fire officials in Los Angeles say a Wal-Mart shopper used pepper spray “to gain preferred access to a variety of locations in the store” during a Black Friday shopping frenzy.

For many of us, this is yet more confirmation that it’s wiser to sleep in the Friday after Thanksgiving and let others storm the mall at midnight. It’s also a chance to look at what this holiday shopping phenomenon says about the income and wealth debate. Is there a class divide among Black Friday shoppers and those who stay home? That’s the claim in a story in yesterday’s New York Times:

Budget-minded shoppers will be racing for bargains at ever-earlier hours while the rich mostly will not be bothering to leave home.

On the surface, this seems obvious. Nordstrom didn’t hold a “door buster” midnight sale. It didn’t need to; as Accenture points out in its holiday analysis, luxury retailers are expected to see a bump in spending this season. And the folks who lined up outside the Roosevelt Field mall on Long Island, N.Y., and the Orland Square Mall outside Chicago certainly don’t look like a lot of 1-percenters. (What they do look like is mostly young; clearly on Black Friday these are no malls for old men.)

I talked with Marshal Cohen, the chief industry analyst of The NPD Group, which studies consumers and retailing. He spent last night and today observing shoppers in malls in Long Island, Connecticut, and New Jersey. Yes, some shoppers were clearly into the “sport” of Black Friday, he said. Nearly all, though, were trying to stretch a tight budget — most of them on low and middle incomes. What most struck him was not the rush to get into the stores but what happened in the checkout lines. Time and again, Cohen saw consumers whose shopping reach had exceeded their spending grasp. A credit card maxes out and a member of the shopping party is sent outside to collect another card from the waiting car. Or the cashier offers up a sub-total and the shopper starts striking items until the bill fits the cash on hand.

The stores have done a masterful job of creating excitement around this supposed first day of the holiday shopping season. This has spawned a number of myths: that this weekend sucks in an ever-larger share of holiday spending, that it is a good indication of how the holiday shopping season will go, and that Black Friday discounts are the biggest of the year.

Shoppers actually told Accenture they were less likely to shop this Black Friday than they were the last couple of years. And Paul Dales, an economist with Capital Economics, found a slight inverse relationship between Black Friday sales performance and that of the overall holiday season. To quote his report: “Robust sales on Black Friday may simply reflect households bringing forward some of their intended holiday spending rather than a sign that spending over the whole holiday season will be strong.”

As for the legendary deals, computer scientist Oren Etzioni showed the Times why the best prices for electronic gadgets don’t come until early December. And Emily Co at the SavvySugar personal finance website found a number of door-buster deals that could be topped elsewhere.

Is the class divide another Black Friday myth? We should know more later this weekend, when NPD delivers a more detailed description of shoppers’ ages, incomes, and other characteristics. In the meantime, rest easy that deals will also be served to those who sit and wait … and listen to Steely Dan.

(Photographer: Daniel Acker/Bloomberg)

Reader Comments

jack

November 25, 2011 4:37 PM

All these people are just dumb cows who can't think for themselves. The boobtube says buy and they start salivating like povlov's dog.

"Landru, Guide Us!"

What a disgusting narrative for characterising the human race.

Tom

November 25, 2011 4:45 PM

Bought everything I was going to get on Black Friday at the same and even better price as in store without having to get shot, pepper sprayed or risk my life. Thank you very much Amazon http://amzn.to/bfdeals11

Eric

November 25, 2011 5:48 PM

I'm confused. Megyn Kelly on Fox News dismisses pepper spray as a food stuff, yet the police in California want to charge a woman for assault for using pepper spray. They way I see it, the woman in Wal-Mart was giving some much needed nourishment to midnight shoppers. We need more in-depth reporting on this issue.

Kim

November 25, 2011 5:58 PM

Honestly, I have a very tight budget for the holidays, but I wouldn't be caught in ANY store on Black Friday that I didn't absolutely have to be in.

Many companies have comparable deals throughout November and December. I'll pay two dollars more to keep my limbs intact, thank you.

"You get a 75% savings today!" Well, tomorrow it will be 50% savings. I'll take that to not have to fight over items and elbow my way through crazed people.

There's nothing that I need to have so badly as a gift that I'd shop on Black Friday, NOTHING.

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November 25, 2011 6:12 PM

LOL @ Eric's comment: great!

Jack

November 25, 2011 6:14 PM

bout everything i need to get plus more i just couldnt pass up a great deal like this the wal-mart in LA is the best thanks bob (store manager)

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November 25, 2011 7:16 PM

I live in Davis,Ca and this pepper spray incident has not went over well here in this communtiy.

sinbad

November 25, 2011 7:25 PM

I can understand how people can get enthused about getting a bargain, but pepper spray and even shootings over a piece of electronic equipment looks very third world.

Shanna G

November 25, 2011 7:34 PM

Black Friday is an absolute waste of time. NExt year pay attention to your favorite store the end of October. Chances are those same "bargains" saide from last years model tv that they are selling and a crappy dvd player that will break in two weeks, were CHEAPER in October than they are after the "mark downs" for Black Friday. Do what I do. Find out what the people on your list actually want, because giving isnt about the amount of money you did or didnt spend, its that you actually put some thought into "oh they mght like this or find this useful" instead of oh I cared so little about you I bought you a crappy electronic device that will break after a few weeks of use, while I'll get myself the good stuff" B S..And buy these items throughout the year a little at a time...and avoid this nonsense all together.. CHristmas is in December, not October not November so stop with the needless displays prior to the actually friggin holiday season!

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November 25, 2011 8:28 PM

Perhaps mayors have only been auditioning riot police for Black Friday...

- Balkingpoints / www

Tanya

November 26, 2011 1:08 AM

It would be "phenomenon" (the singular) not "phenomena" (the plural).

Zinc

November 26, 2011 3:03 AM

It's OK to use pepper spray on innocent people, the police at UC Davis do it all the time.

Dan Beucke

November 26, 2011 10:10 AM

Thanks for the catch, Tanya.

Bryin

November 26, 2011 10:21 PM

Bah Humbug!

KGB

November 26, 2011 10:47 PM

This is the worst form a of human behaviour, like hungry hyenas pouncing on rotting meat, the concept of black fridays and people running over each other with least respect to human dignity. Only in America :-(

Don

November 27, 2011 3:46 AM

She needs to be charged with assault. Using pepper spray on other shoppers to get the upper hand in picking up a product is ridiculous, as if resources were so scarce. If this each-man-for-himself behavior is indicative of future Black Fridays, or even the remainder of this shopping season, I'll shop online. If you do venture out to the mall, here are some tips to protect yourself: http://bit.ly/st9Kko

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December 7, 2011 7:13 PM

Great post!

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December 9, 2011 12:25 PM

Black Friday is one of the much awaited event every year. People love shopping and buying different stuffs. Black Friday shopping enable them to get big discounts and sales. Instead of going outside and shop with bunch of people, you can do Black Friday Shopping online. The website has the list of all merchants and their corresponding offerings. You can check this site: http://www.blackfridayshopping.co/

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"The Wealth Debate" is a running discussion of wealth, poverty, the economy and income inequality in the U.S. and the world. It was started shortly after the Occupy Wall Street movement sparked a global protest about the fallout from the financial crisis and money in politics. You can reach the editors, Dan Beucke and Mark Gimein, by email, or follow BloombergNow on Twitter to keep up with posts.

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