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A few facts, figures and tidbits before heading out with the other shoppers.
2. History of Black Friday: The term “Black Friday” was coined in the 1960s to mark the kickoff to the Christmas shopping season. “Black” refers to stores moving from the “red” to the “black,” back when accounting records were kept by hand and red ink indicated a loss, black a profit. Ever since the start of the modern Macy's Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to a bustling holiday shopping season.
3. Black Friday myth: Despite common belief, Black Friday is not the biggest shopping day of the year. It's not even in the top five, according to a posting on todayifoundout.com. So which day gets the prize? Typically, the last Saturday before Christmas results in the most sales nationwide, except for years when Christmas falls on a weekend—then it's the Thursday or Friday before the holiday. So, yes: The American procrastinator is more common than the early bird.
4. Black Friday facts: According to todayifoundout.com ...
5. Black Friday by the numbers: The following statistics come from parature.com ...
Will you be out shopping this weekend? What items are you looking for? Why do you join the masses on Black Friday, or why do you stay home? Share your thoughts about Black Friday in the comments below.