This won’t be news to most disinfonauts, but here are some details you can share with your less informed friends and family. Tiffany Hsu writes at the Los Angeles Times:
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As the hardiest of shoppers prepare for the annual Black Friday consumption frenzy, many are convinced it’s their one shot at a great deal.But “that’s not even close to the truth,” said Matthew Ong, senior retail analyst at online personal finance company NerdWallet Inc. Bargain hunters can — and, in some cases, should — avoid the Black Friday weekend crush, several experts said. Many characterize the shopping bonanza as an expertly marketed ploy to capitalize on shoppers’ fear of missing out. By dangling a small batch of irresistible savings, stores land hordes of hopeful shoppers all scheming to score the retail version of Willy Wonka’s golden ticket. Yet only a tiny percentage of customers end up with the most desirable deals.