Jody Victor/Billy
Jody Victor, Billy Florence:
Answers to Frequently Asked Business Questions:
Jody Victor: Black Friday
Q. Why is the day after Thanksgiving referred to as “Black Friday”?
A. Jody Victor: Traditionally the day after Thanksgiving was the day of the year that retailers went from being “in the red” (in debt) to being “in the black” (making a profit).
Jody Victor is president of MarkerMan Productions
Billy Florence:
Q. What percentage of yearly sales do holidays represent?
A. Billy Florence: For many retailers the holiday season (November – December) can represent anywhere from 25% to 40% of their annual sales.
Q. What was it last year?
A. Billy Florence: Last year represented nearly 23% of total annual sales.
Billy Florence president of DCI Team
Billy Florence owns equad news www.e-quadnews.com
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