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November 9, 2012 09:38 pm GMT

How to Avoid These Top 5 Black Friday Traps


Black Friday is less than two weeks away. What began as a single shopping day following Thanksgiving Thursday, has turned into a shopping marathon that can begin shortly after the traditional feast ends and last through the following week.

Myths have grown around the annual event that could lead you astray. The term "Black Friday" was adopted by retailers to signal a shift from losing money to a season of profitability from accounting's "in the black."

To become profitable by the end of the year, retailers must sell plenty of high-profit merchandise and get rid of old inventory. That's why most of the Black Friday deals are on older models of devices and off-brands.

Here's how…
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More About: black friday, cyber monday, shopping


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