Black Friday once was a single-day shopping extravaganza. Then came Cyber Monday, then Cyber Week… now, Black Friday events even pop up in the summer. What happened? Black Friday once had a simple definition: a one-day shopping blowout, when major retailers such as Macy’s and Target promised rock-bottom deals the day after US Thanksgiving. Today, […]
Tag: black friday
Is ‘Black Friday’ Dead?
This season, holiday sales are expected to hit at least $942 billion dollars, which is a 6% increase from last year, according to the National Retail Federation. But with online shopping and earlier sales, does Black Friday still hold the same power in holiday shopping as it has in the past? Kristen Gall, the president […]
Patagonia Donates All Black Friday Sales Towards Environmental Protections
Patagonia saw an astounding $10 million in Black Friday sales ― five times its own expectations ― and, as promised, will donate every cent toward helping save the environment. The high-end outdoor apparel and gear retailer announced the record-breaking haul Monday, saying the “enormous love” its customers showed to the planet will benefit hundreds of grassroots environmental […]
Record Highs For Stock Market On Black Friday
The S&P 500 and the Dow were poised to eke out enough gains to hit record highs on Black Friday, with the focus on retailers at the start of the crucial holiday shopping season. Trading volumes are expected to be relatively thin, with the stock market scheduled to close at 1 p.m. The market was […]