Black Friday (shopping) stories resurface year upon year at this time, portraying hysteria and shortage of stock, creating a state of positive feedback. In 2014, spending volume on Black Friday fell for the first time since the 2008 recession. $50.9 billion was spent during the 4-day Black Friday weekend, down 11% from the previous year. However, the U.S. economy was not in a recession. Christmas creep has been cited as a factor in the diminishing importance of Black Friday, as many retailers now spread out their promotions over the entire months of November and December rather than concentrate them on a single shopping
Black Friday (shopping) there have been attempts by retailers with origins in the United States to introduce a retail "Black Friday" to other countries around the world. In several countries, local retailers have attempted to promote the day to remain competitive with US-based online retailers. For centuries, the adjective "black" has been applied to days upon which calamities occurred. Many events have been described as "Black Friday", although the most significant such event in American History was the Panic of 1869, which occurred when financiers Jay Gould and James Fisk took advantage of their connections with the Grant Administration in an attempt to