Word: holiday
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...early as the 19th century, shoppers have viewed Thanksgiving as the traditional start to the holiday shopping season, an occasion marked by celebrations and sales. Department stores in particular locked onto this marketing notion, hosting parades to launch the start of the first wave of Christmas advertisements, chief among them, the Macy's Thanksgiving Day Parade, running in New York City since 1924. The holiday spree became so important to retailers that during the Great Depression, they appealed to President Franklin D. Roosevelt in 1939 to move Thanksgiving up in order to stretch out the holiday shopping season. Roosevelt obliged...
...accounting balance sheets where black ink would represent a profit. Many see Black Friday as the day retailers go into the black or show a profit for the first time in a given year. The term stuck and spread, and by the 1990s Black Friday became an unofficial retail holiday nationwide. Since 2002, Black Friday has been the season's biggest shopping day each year except 2004, according to market-research firm ShopperTrak...
Read "Thrifty Spouses Could Hurt Holiday Shopping...
...always figured that a rodent who drives his own car would be able to withstand the recession, right? As retailers ramp up for the all-important holiday shopping season, at least the toy stores know that they have a hit on their hands. Fuzzy, electronic toy hamsters called Zhu Zhu Pets are flying off the shelves at major outlets like Walmart and Toys "R" Us. Demand for the pets is so high that Zhu Zhus, which retail for $8 at Walmart, are going for $60 on secondary-market sites like Amazon.com and eBay.com. The hamsters, which have names like...
...down to three: a dog, a fish and a hamster. "Out of these, [a live] hamster is the one parents least like getting," says Natalie Hornsby, the company's marketing director, and Russell Hornsby's daughter. "So we figured a toy substitute would have some value." (See TIME's holiday gift guide...