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Black Friday Might Bring Fortune to the Britain Retail Industry

siliconreview Black Friday Might Bring Fortune to the Britain Retail Industry

It is time for the UK streets to get filled with stars and Santa Clauses. The country is undergoing a transformation in every sense, specifically in the business industry.

Although the UK business investment growth is halved this year, the country is enriched with the growth of the retail industry. The high street retailers are excited as the streets are crowded with the people who want to splurge in the Black Friday discount fever. The retailers pin hopes on the discount and the 24 hours of Black Friday will be the most exciting one for all of them.

Black Friday is the name given to the shopping day after Thanksgiving. It was originally called Black Friday because so many people went out to shop that it caused traffic accidents and sometimes even violence. But as new technologies are devised, the name conveys a different idea. The expectation was that the shoppers’ would go on a £2.5bn spending spree in the 24 hours as Black Friday discount fever sweeps UK high streets. The high-street clothing bellwether Next, which traditionally refuses to offer pre-Christmas discounts, is entering the Black Friday fray for the first time to boost flagging sales amid a blizzard of promotions from rivals, including John Lewis and Debenhams. The streets are filled with smart shoppers who are better at spotting the best deals and the stores know better to give away smarter options for all these smartest customers. Britain, be smart in the Black Friday.