Sunday, November 11, 2012

Black Friday - 4th Friday of November

23 November 2012 is Black Friday

After Thanksgiving day, the US people rush to shopping as it is a public holiday in many states and shopping for the holiday season starts on this day. The shop keepers make lot of profits, and the profitable Friday of shopkeepers is called Black Friday as profits are recorded in Black by the shopkeepers.

Holiday Sales in USA 2012 Forecast by Prof Anthony Liuzzo
http://www.wilkes.edu/PDFFiles/HolidayRetailSalesForecast2012.pdf

Black Friday 2011 News

23% y-o-y growth in online sales

http://news.cnet.com/e-shoppers-go-mobile-on-thanksgiving-black-friday/8301-13846_3-57331527-62.html

Black Friday Sales 2011 were estimated to be $11.4 billion. Last year $10.7 billiom

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