Retail

The rise and decline of Black Friday: Here's how it became a $9 billion extravaganza where shoppers fought over discount TVs - and why it's now dying out

2 days ago   |   By Business Insider

Thanksgiving Day holiday shoppers line up with television sets on discount at the Target retail store in Chicago, Illinois, in 2013. REUTERS/Jeff Haynes
Though Black Friday became one of the biggest and busiest shopping days of the year, it wasn't always that way.
Before it exploded into the national, post-Thanksgiving holiday we know today, it was reportedly a quirky tradition unique to Philadelphians.
Here's the evolution of Black Friday, from its 19th-century namesake to the shopping phenomenon it is today.
The day after Thanksgiving has long marked the beginning of the holiday shopping...
Read more ...

 

Black Friday set for slowdown as inflation stalks American shoppers

3 days ago   |   By Fortune

Elevated prices for food, rent, gasoline and other household costs have taken a toll on shoppers.
Read more ...

 


Search by Tags

   Retail      Features      Black Friday      Thanksgiving      Holiday Shopping      What is Black Friday      Business Visual Features      Rent      Business  


Gazprom to mothball Nord Stream pipelines - Kommersant

Gazprom to mothball Nord Stream pipelines - Kommersant

All four strings will be decompressed and machinery preserved at pumping stations, the news outlet reported Russian energy major Gazprom is planning to shutter the Nord Stream... Read more ...

Rising Inventory Will Be the Housing Market's Next Problem

Unusually low supply has buoyed prices as mortgage rates soar, but a springtime flood of new listings is poised to tip the equilibrium. Read more ...

Is There A Better Pick Over 3M Stock?

We believe Corning stock is currently a better pick than 3M stock , given its better prospects. Both the stocks are trading at a similar valuation of 2.0x trailing revenues... Read more ...

Stocks making the biggest moves in the premarket: Apple, Taboola, Biogen and...

Names on the move ahead of the open. Read more ...

JPMorgan downgrades DraftKings, says other sports betting stocks look more...

It's time for investors to ditch shares of DraftKings, according to JPMorgan. Read more ...

The Nintendo Switch Cyber Monday bundle sale includes a free game plus 3...

When you buy through our links, Insider may earn an affiliate commission. Learn more. The bundle includes Mario Kart 8 Deluxe, one of Switch's best-selling games. Nintendo One... Read more ...

China's leaders will crack down harshly on zero-COVID protesters - so its...

Legendary investor Mark Mobius. Richard Brian/Reuters Chinese markets will fall in the short term in the wake of unrest, legendary investor Mark Mobius said. Public protests... Read more ...

Access to alternative investments have never been easier, but some VCs don't...

Welcome back! Dan DeFrancesco here in New York. Today we've got stories on why Gen Z might be in trouble with its finances , how SBF spent his fortune , and some cool photos of... Read more ...

Niece of Iran's supreme leader speaks out against his 'murderous and...

A still of a video of Farideh Moradkhani decrying Iran's regime, posted to YouTube on an account under her brother's name on November 25, 2022. Mahmoud Moradkhani/YouTube The... Read more ...

Adidas discussed buying the Yeezy name from Kanye West in 2018 to avoid...

Ye, formerly Kanye West, in Paris, France, on October 2, 2022. Stephane Cardinale - Corbis/Corbis via Getty Images Adidas has been worried about Kanye West's relationship... Read more ...