Monday, November 27, 2017

Black Friday had white results. Sales form at least ten percent of annual turnover


Last weekend retailers engaged in 'Black Friday', an American-inspired occasion that comes a day after Thanksgiving on which special discounts are offered.

Nicolas Chammas, Chairman of the Beirut Traders Association, expects this year's Black Friday sales to reach $200 million.

Local retailers have slightly shifted the concept, extending the occasion over three to four days, rather than just one.

Chammas said that Black Friday became a trend in the U.S. during the recession ...

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