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Day After Thanksgiving: Black Friday
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Black Friday is the day after Thanksgiving in the US. The name harkens back to the days when businesses would begin to turn their profit for the year during the holiday shopping season between Thanksgiving and Christmas. It now marks the beginning of the holilday shopping season.
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After almost 70 years, Hollywood's Columbia Square facilities will cease to exist as a broadcasting facility after Friday's 11 p.m. KCBS newscast. KCBS and KCAL officially move to their new home at the CBS Studio Center in Studio City on Saturday, and will simultaneously begin broadcasting their newscasts in high definition. KCBS anchor Paul Magers will end his newscast Friday with a send-off to Columbia Square, which will fall silent after that. The new digs will formally open next Friday with a ribbon-cutting ceremony set to be attended by Los Angeles Mayor Antonio Villaraigosa and CBS honcho Leslie Moonves, among other luminaries. KCBS and KCAL will ... unveil the bronze plaque that will christen the "Jerry Dunphy Newsroom," named in honor of the legendary L.A. anchor who passed away in 2002.
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Well, without a doubt some of the best Friday after Thanksgiving sales in Chicago can be found in many of the stores lining the famous Magnificent Mile. There are shops and sales for every budget.
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Last year, the company hit a record high of $1.52 billion in sales on Nov. 28, the day after Thanksgiving. In 2002, the company posted $1.43 billion in sales on Black Friday.
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Some merchants label the day after Thanksgiving Black Friday because business today can mean the difference between red ink and black on the ledgers. But this year hefty sales are vital not only to the stores but to the entire economy.
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For those who don't know, Black Friday is the day after Thanksgiving in the US, similar to Boxing Day after Christmas in other parts of the world. Stores offer crazy discounts to kick off the shopping season.
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