• By Anil Kaul
• 11 Dec, 2019

The holiday shopping season kickoff isn’t called “Black Friday” because of the chaos in stores when shoppers turn up in droves. The origin of the name goes back to the bookkeeping color code — retailers make their profits in the last quarter of the year, hoping to finish “in the black.” But profitability is a mixed bag for retailers lately, with talk of a “retail apocalypse,” even while consumer spending remains strong.
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