Business & Tech

Five Things to Start Your Black Friday: Nov. 23

A few facts, figures and tidbits before heading out with the other crazed shoppers.

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1. BLACK FRIDAY SHOPPING FORECAST:

Friday:Β Mostly sunny. Milder. High of 56.

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Saturday:Β Partly sunny with a 50% chance of rain showers β€” it may end as a few wet snow showers in the Worcester hills. Highs in the upper 40s early then temps crash into the upper 20s by night.

Sunday:Β Clear.Β Highs in the lower 40s. Lows in the upper 20s.

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2. BLACK FRIDAY HISTORY:Β The term β€œBlack Friday” was coined in the 1960s to mark the kickoff to the Christmas shopping season. β€œBlack” refers to stores moving from the β€œred” to the β€œblack,” back when accounting records were kept by hand, and red ink indicated a loss, and black a profit. Ever since the start of the modern Macy's Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to a bustling holiday shopping season.

3. BLACK FRIDAY MYTHS:

  • Black Friday is the biggest shopping day of the year.

4. BLACK FRIDAY FACTS:

  • Nearly 135 million people shop every year on Black Friday.
  • In 2010, 212 million shoppers spent $39 billion for an average spending amount of $365.34.
  • In 2008, Jtimytai Damour, a Long Island Walmart temporary employee, was trampled to death at Green Acres Shopping Center.

5. BLACK FRIDAY STATS YOU MAY HAVE NOT KNOWN:

  • The National Retail Federation reports that 51.8 percent of U.S. consumers will be doing their holiday shopping online this year, up 5 percent from 2011.
  • According to a survey, 52.9 percent of smartphone owners and 64.1 percent of tablet owners will use their devices to do research and make purchases.
  • Β Shop.org forecasts that online holiday spending alone this year will amount to a whopping $92 to $96 billion.

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