Black Friday vs Cyber Monday. Both events are considered to be one of the biggest retail days of the year, with a number of shoppers using them to start on their Christmas shopping early and save on the best deals. With only two days between the events, which one of them is bigger?
By Pamela Kokoszka
Black Friday is an informal name for the day following Thanksgiving day in the US, which has been regarded as the beginning of the country’s Christmas shopping since 1952.
According to market research company Ipsos, Black Friday has been the busiest shopping day of the year in the US since 2005. In 2014, spending on Black Friday fell for the first time since the 2008 recession.
Since the start of the 21st century, retailers with origins in the US have attempted to introduce Black Friday in the UK. While at the beginning the event was not very popular among both retailers and shoppers, it has quickly picked up and accor
Want to see the rest of this article?
Would you like to see the rest of this article and all the other benefits that Issues Online can provide with?
- Useful related articles
- Video and multimedia references
- Statistical information and reference material
- Glossary of terms
- Key Facts and figures
- Related assignments
- Resource material and websites