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London • No sooner had Britain embraced Black Friday than the American holiday-shopping tradition looks to be on its way out.
Asda, the British supermarket that imported the event from U.S. parent Wal-Mart Stores in 2013, said Tuesday it won't participate this time around.
Instead of having customers line up all night for a limited number of heavily discounted items such as flat-screen televisions, Asda plans to reduce prices by $39 million across the season.
Asda's move illustrates how British retailers are backing away from a quintessentially American custom, only two years after adopting it.
Black Friday events last year saw customers fighting in the aisles, while retailers' websites crashed after being unable to cope with demand.
Store chains including John Lewis and Argos have recently expressed misgivings about such events. U.S. retailers are also showing restraint: Discounters Wal-Mart and Target will spread out deals over a longer period.
Last year's Black Friday "damaged Christmas gift spending and it took sales away from full-priced sales over the Christmas period," said Richard Perks, director of retail research at Mintel. "We think U.K. retailers will concentrate on damage limitation from now on, though it is clear that no one feels that they can really ignore Black Friday."
Asda said its decision reflects "shopper fatigue setting in around flash sales on big-ticket, non-essential items at Christmas."
The supermarket gathered feedback from shoppers and found that they would prefer offers on items across the holiday season, rather than the "hustle and bustle" of a single-day sale event.
"Customers have told us loud and clear that they don't want to be held hostage to a day or two of sales," Asda Chief Executive Andy Clarke said in a statement.
Clarke isn't alone in his thoughts.
Earlier this year, John Lewis Managing Director Andy Street said it was "collective madness" that retailers "line up to give our product away" four weeks before Christmas.
Home Retail Group, owner of the Argos chain, said Oct. 21 that a repeat of last year's "almost unnatural" level of Black Friday orders and heavy discounting may cause difficulties.
Women's fashion retailer New Look still plans to participate in Black Friday, though not to the same extent as last year, the first time it held such an event.
The reduced involvement is mainly a reflection of an improved inventory position compared with last year, Chief Executive Anders Kristiansen said after New Look reported an 11 percent increase in first-half operating profit.
Mintel estimates that total British retail sales will grow 2.5 percent to 42 billion pounds in December.
As many as one in 10 Britons who bought Christmas gifts last year did so on Black Friday and Mintel estimates that the occasion boosted November's sales in 2014 by 400 million pounds, 50 million pounds of which were online.