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Shopping on Black Friday costs you more than you thought

Today’s the day that millions of shoppers have been waiting for, the official start of Amazon;s Black Friday Deals week. Hence, the e-commerce giant will have eight days of savings around the Thanksgiving holiday which starts November 20th and ends on Black Friday i.e. November 27. Historically the day after Thanksgiving is the day that retail stores went into the “black” for the year, turning positive balance sheets all the way till New Year’s Eve.

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“Last year, total holiday sales from the Amazon Mobile Shopping App doubled in the USA and Black Friday had the most rapid growth in mobile shopping”, Amazon said in a news release, according to CNN Money. All of the company’s 143 stores will remain shuttered from Wednesday night to Saturday, while REI is pushing its message online with the hashtag @OptOutside.

Retailers are launching big discounts as early as this week – and offering them again on Thanksgiving and the following day, traditionally known as Black Friday.

“We’re already seeing a number of retailers not opening on Thanksgiving and that change could get greater”, Fernandez said. “In-store shopping remains the preeminent channel for transactions, but online retail is continuing to influence those transactions by offering added value to shoppers in the form of research, in-store pickup and more”.

The Better Business Bureau has tips and advice to help you navigate the “door busters”, the flashy ads and other sales tactics encountered during your shopping expeditions.

That’s despite its earlier reports that 57 percent of shoppers were already crossing items off their shopping lists by November 10, drawn by retailers’ earlier-than-ever holiday promotions. It also allows you to share deals on Twitter, Google+ and Facebook.

Remember the days when Black Friday sales actually started on Friday?

Major anchors in shopping malls have been forcing the hand of shopping centers to open their doors earlier and earlier on the holiday. If you have the Walmart app on your phone, you will be able to access the store map while you are in the store shopping.

K-Mart, however, is not only opening at 6 a.m., it is being criticized for failing to notify its employees whether they will have to work on the busy holiday.

Walmart will be open regular business hours except for Thanksgiving Day and have extended hours on Black Friday. With around-the-clock selling, personalized shopping suggestions and dynamic pricing, retailers and their investors can’t afford to wait until the Friday after Thanksgiving to ensure profitability. Including Target, Best Buy, Home Depot and so many others.

Hatcher has never taken advantage of Black Friday, but said stories of afforded deals from family members has convinced her to join the throngs of shoppers this year.

Kaylyn Bartley, sophomore in global studies in human sciences, said she doesn’t really participate in the peak of Black Friday mayhem. He still sees a lot of people, but often comparing prices, not buying.

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“Every year, it becomes less and less important to be in the store on Friday”.

Fundamental Guide for Black Friday