Why is Black Friday so important?, Why is Black Friday so important? Beállítások

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Black Friday is important because this is the shopping day on which many retailers have traditionally made enough sales to put them in the black for the year. ... Economists, based on the Keynesian assumption that spending drives economic activity, view lower Black Friday numbers as an indication of slowed growth.

[ertyuiokpyu]

Black Friday is the name given to the first day after Thanksgiving. It is one of the most important retail and spending events in the United States. Every holiday season prognosticators make predictions about the level of sales on Black Friday, and investor confidence may be affected by whether or not those expectations are met or exceeded.


If consumers follow up Thanksgiving by spending a lot of money on Black Friday and retailers show strong numbers, investors might have their first indication that it is shaping up to be a particularly profitable shopping season. This confidence can be reflected in the stock prices of the retailers that post strong sales. Conversely, many take it as a sign of trouble if retailers are unable to meet expectations on Black Friday. Concern over the health of the economy is magnified if consumers are perceived to be reigning in their spending.

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Black Friday is the name given to the day after Thanksgiving, when, traditionally, retailers would be "in the black" for the year; now it signals the biggest day of the important holiday shopping weekend.
Cyber Monday is the Monday after the holiday weekend; sales during the five-day period of Thanksgiving through Cyber Monday are seen as reflective of consumer sentiment.
Strong sales during this period can benefit retail sector stocks, particularly the stocks of companies that report strong sales.
However, the overall stock market and broader investor sentiment are not always impacted by the results of Black Friday, with market participants focused on a variety of economic and political developments.

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In 2019, 190 million people shopped in stores or online during the period from Thanksgiving through Cyber Monday, according to the National Retail Federation, spending an average of $361.90 over the five-day period, up 16% from $313.29 in 2018. Around 40% of people shopped online both online and in stores.

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Cyber Monday, the Monday after Thanksgiving weekend, in which consumers go back to work and shop online, is also a notable day for the retail industry; it marks the end of the five-day Thanksgiving weekend shopping period.

[ertyuiokpyu]

Thanksgiving is an important day for a lot of businesses, particularly those in the food industry. However, U.S. stock markets are closed in the U.S. and open for only half the day on Friday. Global markets are open, but stock market trading is unlikely to be affected by Thanksgiving alone because of the importance of the day after.

[Mike]

Black Friday shopping can actually be a fun and beneficial day for all involved.
eCommerce retailers report up to 240% increase in revenue on Black Friday.

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It’s just under ten days until Black Friday, but the sales have already begun, and we’ve seen plenty of offers, discounts and Black Friday deals going live early. Black Friday is on 27th November this year and Cyber Monday follows just after on 30th November. If you’re worried about getting your Christmas gifts due to the second lockdown, don’t worry, you can make the most of early sales online now as many retailers have decided to make Black Friday a month of deals. We’re seeing new offers and more retailers launch their offers, or pre-Black Friday sales, every day on just about everything – from phones to fridge freezers. According to Statista, shoppers in the UK go big for Black Friday. We were forecast to spend £8.57bn during Black Friday last year – that’s more than any other country in Europe. On average in 2018, we spent £346 per person.

Black Friday & Cyber Monday Deals 2020