Green Monday

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DEFINITION of 'Green Monday'

The second Monday in December, which is one of the most lucrative days for retail companies. Green Monday is a popular shopping day for last-minute holiday shoppers. The term was coined in 2007 by the website Shopping.com in reference to the website's highest sales day.

BREAKING DOWN 'Green Monday'

There is no shortage of catch-phrases for the major retail shopping days that occur near the winter holidays. Black Friday describes the Friday after Thanksgiving, when many people start their Christmas shopping because they are off of work and retailers offer special sales. Cyber Monday describes the Monday following Thanksgiving, where online retailers offer above-average deals to entice consumers.



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RELATED FAQS
  1. What is Black Monday?

    Monday October 19,1987, is known as Black Monday. On that day, stockbrokers in New York, London, Hong Kong, Berlin, Tokyo ... Read Full Answer >>
  2. What is Black Friday?

    Black Friday is a popular label attached to the Friday following Thanksgiving Day in the US. This day marks the beginning ... Read Full Answer >>
  3. How can I invest in electronic retailing (e-tailing)?

    Electronic retail is one of the fastest growing segments of the economy. Every year, more people are choosing to purchase ... Read Full Answer >>
  4. What is the difference between JIT (just in time) and CMI (customer managed inventory)?

    Just-in-time (JIT) inventory management focuses solely on the need to replenish inventory only when it is required, reducing ... Read Full Answer >>
  5. What are some common ways product differentiation is achieved?

    There are many ways to achieve product differentiation, some more common than others. Horizontal Differentiation Horizontal ... Read Full Answer >>
  6. What economic indicators are important to consider when investing in the retail sector?

    The unemployment rate and Consumer Confidence Index (CCI) rank as two of the most important economic indicators to consider ... Read Full Answer >>

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