foxex: What Is 'Green Monday'?

Monday, December 9, 2019

What Is 'Green Monday'?

Term of the Day | Words to Know

Green Monday refers to one of the retail industry's most profitable days, occurring on the second Monday in December. Green Monday has gained notoriety because it represents the day many online shoppers rush to purchase last-minute gifts and take advantage of deals.

eBay claims to have coined the phrase in 2007 after it realized its one of its most profitable sales days. However, some report that it was Shopping.com that coined the phrase. Whatever its origin, this retail event continues to be a marker of holiday sales.

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Inventory

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Big-Box Retailer

A retail store that occupies an enormous amount of physical space and offers a variety of products to its customers.

Brick-and-Mortar

The term "brick and mortar" refers to a traditional business that offers their products and services to its customers face-to-face in an office or store.