Friday, November 25, 2011

What is Black Friday?

Just in case anyone was as curious as I was...

Black Friday is a popular label attached to the Friday following Thanksgiving Day in the US. This day marks the beginning of the busy shopping season during which most consumers typically start their Christmas/holiday shopping.

While the word "black" often has a negative connotation, the use of black in this case alludes to profitability, which is traditionally noted in black ink (losses are noted in red). Traditionally, brick-and-mortar retailers see a surge in retail sales on this day as a result of the holiday shopping, putting their books "in the black".

-provided from investopedia.com


Hope you all had a good Thanksgiving, and that you are getting some good deals this weekend:-)

No comments:

Post a Comment