After hearing the news that a Wal-Mart employee was brutally trampled to death by discount-hungry shoppers on Black Friday, you might think eager shoppers everywhere turned out for after-Thanksgiving sales. While other retailers avoided such tragedy on the biggest shopping day of the year, they didn't draw in the same crowds and are now apprehensively facing the bad news that 2008 could end in the red.
The prospect of getting something for less might have caused some aggressive crowds, but the number of shoppers out this Black Friday didn't compare to those in recent years. Most of the people who did make it to the stores were seeking basic items over luxuries, making it clear this holiday season is more subdued in the material sense than retailers had hoped.
The Financial Times caught up with one shopper who admitted, "This year I’m cutting back. I’ll probably end up bargain-hunting on the internet." Good thing she and the rest of us cutting back have Cyber Monday sales to check out. Have you found any good online deals so far today?