Black Friday shopping sales underway in US; Nigeria is the biggest celebration in Africa
People across the United States are flocking to malls and department stores in search of Black Friday bargains. At the same time, many in the retail industry worry about the impact of record-high inflation on the nation’s appetite for spending.
In New York, shoppers were seen lining up outside a long-established department store at 6 a.m.
One woman said she comes every year on Black Friday. She said she bought a jacket at 60 percent off the regular price.
The US National Retail Federation expects retail sales in November and December will grow between six and eight percent from the same period a year ago.
But there are concerns inflation could impact personal spending. Experts say consumers are increasingly prioritizing food and other daily necessities.
Some electronics retailers in New York started their sales earlier and offered large discounts to attract customers.
Black Friday was considered the busiest shopping day of the year in America, then it became common in many other countries including Nigeria.
Although there were many reasons behind the name, it generally caught on for the enormous profits that merchants gained during that day alone.
Black Friday is the name given to the Friday after Thanksgiving in the United States, which is celebrated on the fourth Thursday of November.
Jumia Nigeria celebrates Black Friday every year with amazing offers, deals, and discounts.