Black Friday: A frenzied celebration of consumer culture

The nation’s retailers reported takings of $52.4 billion—up 16.7 percent from last year.

The holiday shopping season is off to a “robust start,” said Anne D’Innocenzio in the Associated Press. Some of the chaotic scenes that unfolded in shopping malls and big-box stores across the nation on “Black Friday” last week may have been unfortunate: In Los Angeles, a woman allegedly pepper-sprayed 20 fellow shoppers fighting over discounted Xbox consoles, while in a Wal-Mart in Little Rock, Ark., a riot broke out over $2 waffle irons. But when the frenzy was over, the nation’s retailers reported takings of $52.4 billion—up a whopping 16.7 percent from last year. Experts caution not to read too much into these numbers, said Mark Memmott in NPR.org, but with consumer spending representing 70 percent of the U.S. economy, any sign that the nation’s shoppers are “feeling good this holiday season” is a reason for optimism.

These sales figures mean nothing, said Miguel Bustillo in The Wall Street Journal. Retailers were so desperate to get this holiday shopping season off to a good start that they flooded the market with more ridiculously low “door-buster” offers than usual. Some even went so far as to start Black Friday at 11 p.m. on Thanksgiving itself and stay open all night. These extraordinary efforts may have merely “prodded shoppers to spend sooner, not necessarily buy more overall.” The fact that people are willing to fight over a $2 waffle iron hardly means “that happy days are here again,” said Andrew Leonard in Salon.com. Far from it. The kind of frantic bargain-hunting we saw last week had a real smell of desperation about it—“yet more proof that money is tight, and Americans are stretching every dollar to the max.”

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More