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How Black Friday Became America's Biggest Shopping Holiday of the Year

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  • (0:45) - Black Friday: How It All Began
  • (6:50) - Are The Deals Too Good To Be True: Doorbuster Deals
  • (11:40) - The Transition Into Black Thursday
  • (18:45) - Even More Holiday Shopping: Cyber Monday and Small Business Saturday 
  • (25:00) - Episode Roundup: Podcast@Zacks.com

On today’s episode of the Zacks Friday Finish Line, Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson take a break from regularly scheduled programming to discuss Black Friday, arguably the biggest shopping holiday in the U.S.

Make sure to subscribe and leave the show a rating on Apple Podcasts!

While the term ‘Black Friday’ didn’t become associated with consumerism until the mid-20th century—and things really geared up in the retail world during the ‘80s—it was actually first used way back in 1869 when the American gold market crashed.

Now, Black Friday has transformed even more, with sales stretching throughout the entire weekend and ending on Cyber Monday; many retailers start their Black Friday sales a week ahead online, and it’s common for stores to be open on Thanksgiving.

There has been some pushback to Black Friday recently, and the hubbub of sales surrounding the shopping holiday. Retailers like REI and Shoe Carnival (SCVL - Free Report) stand out because they stay closed on Thanksgiving so that their employees can spend time with family. Many consumers also plan to shop on Small Business Saturday to support their locally owned businesses.

But, this hasn’t stopped other big retail names from ramping up their own Black Friday deals, especially in this bullish retail market. You can bet that Target (TGT - Free Report) , Walmart (WMT - Free Report) , Amazon (AMZN - Free Report) , Ulta Beauty (ULTA - Free Report) , and Macy’s (M - Free Report) , among many others, will have a bunch of deals to choose from.

If you decide to venture out and brace the crowds, good luck and happy shopping!

For more on the biggest shopping holiday of the year, make sure to check out this week’s Friday Finish Line.

If you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating on Apple Podcasts.

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