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Save Your Life NOT a Dollar! Here are the facts according to Forbes Magazine:
Welcome to Brawl-Mart.
Mayhem erupted at big-box stores across the USA as frenzied shoppers vying for holiday deals turned on each other and resorted to violence to get their goods.
Reports of retail assaults, shootings and arrests piled up so fast that by Thursday night, Black Friday already had a trending Twitter hashtag: #WalmartFights.
Adding to the insanity, a Wal-Mart in White Plains was hit with a phony bomb threat on Friday afternoon. Two anonymous bomb-scare calls to the store on Main Street at about 12:30 p.m. prompted a full evacuation, and police used bomb-sniffing dogs to sweep the property, said White Plains Police Chief James Bradley. Shoppers and employees were allowed back inside at 2:10 p.m., said Bradley.
A Black Friday spending analysis from the credit card giant shows a whopping 70% of consumer spending happens at the first two stores a shopper visits.
Every big box chain is therefore competing to be the first port of call for shoppers as they battle long lines, cold, fatigue, and sharp elbows — not to mention dwindling funds.
Another motive for early openings? The huge chunk of each shopper’s holiday budget that gets spent between Thanksgiving and Cyber Monday. A study from the Georgetown Institute for Consumer Research shows that the average adult spends 50.7% of his or her allotted gift budget during this sales blitz.
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