Black Friday

No, its not about the movie.

Reuters reports that The 2007 holiday shopping season in the US. kicked off on Friday with crowds of shoppers, many braving the bitter cold, snagging early bargains on one of the busiest shopping days of the year. Analysts expected moderate sales this year as consumers struggle with the slumping housing market, a credit crunch, rising food and fuel costs and uncertainty about their jobs.

Known as "Black Friday," the day after the U.S. Thanksgiving Day holiday marks the first day of the holiday shopping season for most consumers and a time to snag cheap deals, freebies and sales. "Black Friday" once marked the day many retailers turned a profit, or went into the black, for the year. It used to be the busiest shopping day of the year, but procrastinators and others looking for last-minute gifts have transferred that honor to the Saturday before Christmas.


Popular Posts