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The exchange of gifts is central to the Christmas and holiday season, and the season thus also incorporates a "holiday shopping season". This comprises a peak time for the retail sector at the start of the holiday season (the "Christmas shopping season") and a period of sales at the end of the season, the "January sales".
The economics of Christmas are significant because Christmas is typically a high-volume selling season for goods suppliers around the world. Sales increase dramatically as people purchase gifts, decorations, and supplies to celebrate. In the U.S., the "Christmas shopping season" starts as early as October.
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Christmas creep (also referred to as holiday creep [1]) is a merchandising phenomenon in which merchants and retailers introduce holiday-themed merchandise, decorations or music well before the traditional start of a holiday shopping season. [2] The term "Christmas creep" was first used in the mid-1980s but the phenomenon is much older. [3]
Christmas is typically a peak selling season for retailers in many nations around the world; sales increase dramatically during this time as people purchase gifts, decorations, and supplies to celebrate. In the United States, the "Christmas shopping season" starts as early as October. [211]
In August 1939, amid the Great Depression, Fred Lazarus Jr., head of Federated Department Stores (which would later become Macy's), lobbied President Franklin D. Roosevelt to move Thanksgiving a week earlier, to the second to last Thursday of November instead of the last Thursday of November, to make the Christmas shopping season last longer and help boost retail sales.
Shopping frenzies are periods of time where a burst of spending occurs, typically near holidays in the United States, with Christmas shopping being the biggest shopping spending season, starting as early as October and continuing until after Christmas. Some religions regard such spending seasons as being against their faith and dismiss the ...
Black Friday is a shopping day for a combination of reasons. As the first day after the last major holiday before Christmas, it marks the unofficial beginning of the Christmas shopping season. Additionally, many employers give their employees the day off as part of the Thanksgiving holiday week-end.