Black Friday is an informal name for the day following Thanksgiving day in the United States, which has been regarded as the beginning of the country's Christmas Shopping Season since 1952.
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. the Christmas 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 day or weekend.
Now it is a worldwide festival, and it is popular among these countries like United States, Canada,UnitedKingdom,Mexico,Romania,India,France,Germany,Norway, South Africa,Poland,Greece,Ukraine,Netherland.
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