2025-1128 [Reuters]: The Black Friday paradox: more shoppers, fewer dollars
Reuters interviewed Professor Tsay about how the current state of the economy will impact Black Friday 2025.
The original article was updated throughout Black Friday itself so is no longer available at the Reuters website, but persists at dozens of news outlets that received it through syndication. Read the original article:
From the article:
Online shopping has, in any case, diluted Black Friday's significance, with promotions geared towards the event spread across weeks. "Black Friday is an obsolete concept and has now become just a point in time," said Andy Tsay, professor at Santa Clara University's Leavey School of Business.
Nov 29, 2025