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These Are The Best Places To Shop On Black Friday According To WalletHub

Ahh Thanksgiving…a time to gather with family and friends and show appreciation for each other, the food on the table and all the blessings in life. It’s also a great…

Black Friday
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Ahh Thanksgiving...a time to gather with family and friends and show appreciation for each other, the food on the table and all the blessings in life. It's also a great time to shop for Black Friday deals! But, before you gather the gang together, shine up your credit cards and set the GPS for the local mall, consider these options. These are the best places to shop on Black Friday, according to WalletHub.

What was once a popular holiday tradition has definitely changed over the years. Hitting the shops at the crack of dawn to stand in lines for the best deals is really a thing of the past. Black Friday shopping saw more Americans shopping from home in 2022, according to a recent report from WalletHub.  In fact, the report said that people shopped on Black Friday more than they did in stores, last year. Over 122 million of us shopped in stores, while over 130 million made their purchases for Black Friday online.

Where And What Are The Black Friday Deals

The online personal finance site, WalletHub, did the work to help us discover where the best deals are at chain stores and online marketers. How did they come up with the information? They looked over 3,500 deals from 13 of the largest retailers in the United States from the 2023 2023 Black Friday ad scans. Below, you'll find the stores that furnish the biggest advertised discounts, which was provided by WalletHub.  Products range from jewelry to appliances for the best deal.

According to Cassandra Happe, a WalletHub Analyst, "The best Black Friday deals can save you up to 85%, which could translate into hundreds or even thousands of dollars in savings, depending on the extent of your shopping spree. “Knowing exactly where to find the best deals can also help you save a lot of time and avoid a lot of aggravation. You don't even need to leave your house and fight the mob in an actual store.”

As you can see here, JCPenney has the biggest discounts offering an average of 59. 1%. And Happe says that's where you will save the most money if you're looking for jewelry, clothing, appliances and accessories. Macy's comes in 2nd with the best Black Friday deals, providing about a 58.2% discount. If you looking to buy furniture, clothing or jewelry, Macy's is a great place for those items.

Top 10 Black Friday Retailers (Avg. % Discount)

1. JCPenney (59.12%)6. BJ's (30.11%)
2. Macy's (58.19%)7. Best Buy (29.78%)
3. Belk (54.76%)8. Amazon (28.48%)
4. Kohl's (48.81%)9. Walmart (26.88%)
5. Target (32.70%)10. Dell (25.79%)

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Small Business Saturday is almost upon us. Time to get some of your holiday shopping done, and support some of the many small businesses who could use your patronage this holiday season.

What is Small Business Saturday?

Small Business Saturday will take place this year on November 25th. It's a day to celebrate and support small business. It's also a celebration of all that they do for. and in, their communities. The  day was founded by American Express in 2010, and has been officially co-sponsored by the Small Business Association since 2011. It's an event that has been a huge boost for small businesses during the busiest shopping season.

What defines a small business?

Based on my research, there's a lot that goes into what makes a business a small business. But the simplest term I found what that it's defined by the side of the business (how many employees it has) and/or its annual revenue. Where it gets confusing is that even with these definitions, it depends on the industry. There are different numbers for different industries.

Some Small Business facts

    Why should you shop small?

      Here are some local small businesses that you can support in the Boston area.

      Brown & Coconut

      Brown and Coconut is a skincare line run by sisters Zeena and Latisha. It is definitely a brand I use and love, especially their toner and cleanser. This Black-owned, women-owned business produces products using ingredients that are cruelty-free, vegan, plant-based, that clean. Would make a great holiday gift.

      Fusion Dolls

      Fusion Dolls is a small business in Brockton by Widline Pyrame. She created a line of dolls to celebrate diversity and self-love. Fusion Dolls is beautiful line of multicultural dolls and accessories.

      All She Wrote Books

      All She Wrote Books is one of my favorite small businesses! It's an intersectional, inclusive, feminist, queer bookstore. Owner Christina Pascucci Ciampa's store was recently displaced from their Assembly Row location. But with the help of the community she has created, she recently re-opened at a new location, 75 Washington Street in Somerville. We wish her the best of luck, and if you have any book lovers on your holiday list, be sure to check her out.

      Simply Erin's Unisex Hair Salon

      Simply Erinn's is a Unisex Hair Salon run by owner and head stylist Erinn Pearson. Her passion for her craft and the community around her, has given her an incredible reputation for 30+ years. Check her out for your own personal holiday makeover, or maybe hook up a friend for the holidays.

      Frugal Bookstore

      Frugal Bookstore is a Black-owned community bookstore located in Roxbury. Co-owners Leonard and Clarissa are incredible people who are very knowledgeable, helpful, and community-forward. In addition to a great selection of books, they also have a very active event calendar, and host book signings and author readings.

      Cityscapes - Visionary Plantscapes

      Cityscapes Visionary Plantscapes has been around since 1992, and offers a wide variety of products and services. They do: interior plantscapes, exterior  landscapes, living walls, moss walls, and living fernature. I may need to investigate that FerNature a little further. So beautiful!

      Urban Grape

      Urban Grape is a Black-owned, woman-owned small business, dedicated to building community through beverage. They are one of the country's most successful independently-owned wine stores. In 2021, it was named the United States Small Business of the Year. Head to Urban Grape and let them help you pick out a special holiday beverage for your party or gift.

      Gather Here

      If you're a crafty person, you should check out Gather Here. They're "part of a powerful community of craft artisans and busy bees who believe handcrafted, handmade goodness is for everyone." They describe their business as "Part sewing studio, part fabric and yarn shop, gather here is Cambridge’s only stitch lounge, created to cater to your fiber craft goals." Looks like a fun place to get in touch with your creative side.