What is Black Friday

Posted by on November 15, 2012 in Business

Black Friday is the day after the Thanksgiving day in the United States. Historically, the origin of the name can be traced back to the city of Philadelphia.It has been the busiest day in the American local markets since 2005 as many people indulge themselves in shopping. The day also marks the starting of the festive mood of the Christmas season.

The shops open at early hours owing to the intense business activities which last all along this day. Last year, a survey conducted by IBM found that there was a rise of 24.3 percent in sales on this Friday. This year the occasion is coming on November 23.

Facts on Black Friday

Undesirable Facets of this Friday

Conclusion: Much to the relief of the common public, Walmart and other big retailers started their black Friday holiday sales a day before it from last year. This year, they have decided to open the shops from 8 p.m. on Thursday, November 22.

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