Global Shopping Festival or the Biggest Shopping Day
Global Shopping Festival or the Biggest Shopping Day is held on November 11. Formerly Singles' Day. This event in the second decade of the month November is annual.
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Shopping really can make you feel good. Studies have shown it can release Serotonin, a feel-good chemical released by the brain. The antidote for Serotonin? The credit card statement following the shopping spree.
Have you noticed women often shop in pairs or groups? Men not so much. About 50% of Americans will go shopping on Black Friday.
Every year on November 11, Alibaba Group holds the world’s largest 24-hour online shopping event. The 11.11 shopping festival started in 2009 with only 27 merchants to raise awareness of online shopping in China. The event falls during the seasonal changeover, filling a major gap in the traditional offline retail calendar in China. Often referred to as “Singles Day,” the day also falls on a Chinese folk holiday for young single people to celebrate their independence by treating themselves to a special purchase.
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