US Retailers Look to Profitable Black Friday Weekend
The U.S. holiday shopping season shifts into high gear this week after the Thanksgiving Day Holiday on Thursday. Black Friday, as it’s called, has become an important day for retailers because for some stores - the start of the holiday shopping season marks the transition, in accounting terms - from red, meaning debt - to black, for profitability. Based on the improving outlook for the US economy, retailers may be in for an early Christmas treat. Mil Arcega has more.