• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Retail

Here’s Why Fewer People Are Shopping in Stores on Black Friday

By
Michal Addady
Down Arrow Button Icon
By
Michal Addady
Down Arrow Button Icon
November 23, 2016, 10:45 AM ET

Traditional Black Friday shopping has lost some of its appeal.

Just 23% of U.S. adults are planning to shop in stores on Black Friday, according to a recent Bankrate report. While that’s still a big chunk of consumers, it’s down from 28% in 2014. In fact, 53% of Americans say they won’t shop over Thanksgiving, Black Friday, or Cyber Monday. Only 15% of Americans will venture out to stores open on Thanksgiving Day, according to the survey.

There used to be a sense of urgency to get to stores early on Black Friday for the best deals, but that’s no longer the case: In 2016, consumers can find most of those deals online over the course of a couple days, and they don’t have to brave massive crowds to do it.

“Two years ago, Black Friday was one day. Last year it was a weeklong event. This year it’s been a month-long event,” Shelley Kohan, vice president of retail consulting at in-store analytics firm RetailNext, told Bankrate. “A lot of Black Friday deals are already out there. They’ve been out there since the beginning of the month.”

[playbuzz-item url=”//www.playbuzz.com/fortune/do-you-plan-to-go-shopping-on-black-friday”]

For example, Amazon(AMZN) launched its online Black Friday Deals store in the beginning of the month. And with its eye on the online retailer, Walmart’s online Black Friday deals will happen even earlier this year.

Still, despite the drop in the number of consumers camping out in front of stores, Black Friday sales are expected to increase 2.6% from last year, especially among younger millennials—the age group most enthusiastic about in-store Black Friday shopping, the survey reports. Overall, holiday sales are projected to increase by 4.7%.

 

And even though fewer people plan to shop on Black Friday, the people who are planning to do so are expected to pay more: Median spending is expected to increase to $300 this year, up from $200 in 2014.

About the Author
By Michal Addady
See full bioRight Arrow Button Icon

Latest in Retail

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in Retail

charity
Arts & Entertainmentphilanthropy
Most Americans decide 2025 isn’t the year for charity, poll says
By James Pollard, Linley Sanders and The Associated PressDecember 24, 2025
9 hours ago
Trump speaks in front of a podium, with Marco Rubio behind him
RetailHolidays
Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed
By Dave SmithDecember 24, 2025
20 hours ago
RetailLuxury
Move over caviar, the hottest luxury ingredient is crab
By Matthew Kronsberg and BloombergDecember 24, 2025
1 day ago
Spanx founder Sara Blakely
SuccessMost Powerful Women
6 ‘unhinged’ things Spanx founder Sara Blakely did that ultimately shaped the success of her $1.2 billion empire
By Sydney LakeDecember 23, 2025
2 days ago
beer
CommentaryFood and drink
Supporting moderation: beer’s structural advantage in the no-alcohol space
By Justin KissingerDecember 23, 2025
2 days ago
dept
RetailSocial Media
TikTok puts department stores in your phone. Macy’s and Nordstrom say not so fast
By Anne D'Innocenzio and The Associated PressDecember 22, 2025
2 days ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Retail
Trump just declared Christmas Eve a national holiday. Here’s what’s open and closed
By Dave SmithDecember 24, 2025
20 hours ago
placeholder alt text
Personal Finance
Trump turns government into giant debt collector with threat to garnish wages on millions of Americans in default on student loans
By Annie Ma and The Associated PressDecember 24, 2025
20 hours ago
placeholder alt text
Personal Finance
Financial experts warn future winner of the $1.7 billion Powerball: Don't make these common money mistakes
By Ashley LutzDecember 23, 2025
2 days ago
placeholder alt text
Economy
Obama's former top economic advisor says he feels 'a tiny bit bad' for Trump because gas prices are low, but consumer confidence is still plummeting 
By Sasha RogelbergDecember 24, 2025
13 hours ago
placeholder alt text
Law
Disgraced millennial Frank founder Charlie Javice hits JPMorgan with $74 million legal bill, including $530 in gummy bears and $347 'afternoon snack'
By Sasha RogelbergDecember 23, 2025
2 days ago
placeholder alt text
Success
'When we got out of college, we had a job waiting for us': 80-year-old boomer says her generation left behind a different economy for her grandkids
By Mike Schneider and The Associated PressDecember 23, 2025
2 days ago