Write personal point of view about black friday

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Case Study: Black Friday, which is the day after Thanksgiving, is the biggest shopping day in Retail. Some believe that the term is from the recording of profits in black in an accounting ledger to losses in red. Thus, many shops were brought "into the black" by the increase in sales on this day. This term began to be used nationwide in the late 1980s to officially kick off the start of the holiday shopping season.

Doorbusters, which are items sold at vastly discounted and in fewer quantities, are the number one draw for Big Box and Department stores. Each tries to outdo one other and gain that market share on the biggest day in Retail creating an elevated sense of Supply and Demand on items during a short 4-5 week period.

Question: Your assignment is to write personal point of view about Black Friday! Do you do your shopping on Black Friday? Do you believe in the"deals"? Explain your answer.

 

Reference no: EM133334828

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