Small Business Saturday Goes Strong for Third Year
Small Business Saturday is the nations newest shopping trend. Every year, on the Saturday after Thanksgiving, small local shops offer major discounts. Most shoppers flock to larger stores on Black Friday so this is an opportunity for smaller shops to shine as well. Ryan Spurlock co-owns The Brass Horn, a men's clothing store in Decatur. He says that not only do shoppers get to score big deals, they get to support their local economy.
"Small Business Saturday is really around to help the small businesses of your town survive and thrive to make your neighborhood and your area better."
According to the National Federation of Independent Business, 67% of small-business owners will offer major discounts.
"We happen to have a 30% off of all our shoes in stock," said Spurlock.
The holiday is only 3 years old, however, Spurlock says it gets bigger and bigger each year.
"I think in 10 years it could be huge. Just as big as Black Friday."
And Small Business Saturday isn't just a one day splurge. It can be an investment. 36% of small-business owners will offer coupons for future discounts.