Tag Archives: MoneySupermarket

Black Friday and Cyber Monday

 

Ok, so black Friday and cyber Monday came and went but where did they start and what are their impact on todays retail income?

Black Friday is a name that originated in the USA around 1961, in Philadelphia to be exact. It was used to describe the heavy traffic, both pedestrian and vehicular that occurred after the Thanksgiving holiday. Later on around 1975 it spread to the rest of the US and the world and its explanation changed. It was said that retailers operated in the red until that Friday when their accounting books went from loss to profit.

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MoneySupermarket To Acquire MoneySavingExpert For £87 million

MoneySupermarket, a UK-based price comparison site for financial services, is acquiring advice site MoneySavingExpert from founder Martin Lewis, for £87 million ($133 million).

Lewis, a personal finance journalist, launched MoneySavingExpert in 2003. According to the site’s Google Analytics metrics it gets 39 million unique visitors and about 277 million page impressions a month. That makes it a powerful player and Lewis has parlayed this into books and TV shows in the UK.

For more information visit – www.techcrunch.com.