Showing posts with label Black Friday. Show all posts
Showing posts with label Black Friday. Show all posts

Sunday, November 30, 2008

Black Friday Sales


Holiday shoppers continued their trek to malls and big-box stores Saturday, amid early indications of slightly higher Black Friday sales to kick off the season.

The nation's retailers were watching anxiously, having already suffered significant declines this year thanks to the weakening U.S. economy.

But the first nationwide returns were positive for merchants.

ShopperTrak RCT, a retail industry research firm, said total Black Friday sales rose 3% this year, to about $10.6 billion nationwide.

read the CNN article


Friday, November 23, 2007

Black Friday Shopping

The day after Thanksgiving is dubbed "Black Friday" because it traditionally marked the day when retailers finally move out of the red, indicating losses, and into the black, representing profits.

read the CNN story

Several experts say Black Friday is not the year's busiest shopping day. Between 1993 and 2002, it cracked the top five just three times, never rising higher than the fourth-busiest day of the year, according to snopes.com, a Web site that debunks urban myths.

Americans, it seems, love to procrastinate: Eight years out of 10, the busiest day fell on the Saturday before Christmas (aka "Super Saturday"), snopes.com reported, citing statistics from the International Council of Shopping Centers.

read the article