Black Friday: American retailers hope for seasonal boost

23 November 2012 Last updated at 04:15 ET Help

Retailers in America are preparing for the busiest shopping day of the year with 147 million people set to hit the shops.

Black Friday, the day after Thanksgiving, gives businesses, many of whom open at midnight, the chance to claw back losses by offering big discounts to customers. midnight.

Ben Thompson reports from New York.

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