Will this be the year when Black Friday is finally dethroned from being the biggest shopping day of the year?
Bill Martin thinks so. The founder of ShopperTrak, a Chicago-based firm that measures store traffic, has become a guru of sorts when it comes to predicting and measuring the ebbs and flow of the holiday season.
According to ShopperTrak, Black Friday has reigned as king of the holiday shopping season – and of the entire year for that matter — every year in the last decade by bringing in the most sales on that day. But its supremacy has begun to wane as more stores have begun opening on Thanksgiving night.
Macy's has already said it will open at 6 p.m. on Thanksgiving this year. Other major retailers have not yet announced their hours for that day, but Martin expects that more will follow suit.
"Our numbers show over the last three years that Thursday sales are growing at a pretty rapid pace," he said. "It's leeching sales from Black Friday."
Instead, he expects Dec. 20, the last Saturday before Christmas, often referred to as Super Saturday, to be the No. 1 shopping day this year in terms of sales.
Black Friday should still slide in at the No. 2 spot, he said, followed by the day after Christmas, which falls on a Friday when many people should be off from work. His firm, by the way tracks in-store traffic and purchases, and does not include online sales in its forecasts.
He added that the Thanksgiving night openings are not leading to an overall bump in sales. They are just taking away sales from Black Friday.