Black Friday: With its success for companies in the United States, the idea has taken hold globally. Though not necessarily in November, many countries have their own versions of such sales.

‘Black Friday’ falls on Friday (November 25), a day after the US holiday of Thanksgiving. The day is associated with massive shopping sprees and attractive discounts and deals

In India too, brands like Amazon, Flipkart and PVR are among the many others that have begun offering discounts on the day.

Shoppers are attracted to bulk buys and discounts and they begin their Christmas shopping during this period.

In the 1980s, Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the US

In more recent years, Black Friday has been followed by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers

With the success of Black Friday for companies, the idea has taken hold globally. Though not in November, many countries have their own versions of such sales.

Companies like Amazon, which have operations on a large scale now, are also able to hold sales elsewhere with their expansion.