A 34-year-old shop worker has died after being knocked to the ground by bargain-hunters storming into a superstore in New York’s suburb as it opened. (photo, from cbsnews.com)
He was trampled in the rush at the Wal-Mart store in Valley Stream, Long Island, along with several other workers and shoppers.
On Friday, US stores opened early and offered steep discounts.
The day after the Thanksgiving holiday is seen as the start of the Christmas shopping season. Therefore it is regarded as an important test of how willing consumers are to spend.
In order to snare the best deals, crowds of shoppers turned up at dawn at stores accross the US.
Wal-Mart opened its doors at dawn, like electronics retailer Best Buy and department stores Kohl’s and Macy’s.
From 05 to 10 o’clock, Toys R Us offered up to 60% discounts.
Though crowds were at least as large as last year’s, deep discounts are likely to hurt retailers profit margins, indicated several major retailers.
Many of them have suffered as the US economy nosedives although value chains like Wal-Mart have fared better.
Because consumers cut back on spending, in October US retail sales recorded the biggest monthly decline since 1992.