All "Black Friday" 2020 deals in one place. On Friday the 29rd of November shopping mania breaks out in New Zealand with the arrival of Black Friday.
Black Friday has grown as a shopping event in recent years. It's the most popular shopping period outside of Christmas. Black Friday even rivals Boxing Day in terms of interest and spend. Let's have a closer look at this shopping feast.
Black Friday originates from the US and black refers to bookkeeping. It was the time of the year when retailers started to cover their costs for the year and turned profitable. Hence, they turned from being in the loss-making red to the profitable black.
This shopping event is actually longer than one day. Most retailers in New Zealand runs campaign during three days starting at midnight on Friday morning.
How good are the deals at Black Friday? PriceMe has been tracking the price drops during this period. The data clearly shows that there are good deals to be found, but far from every product is discounted.