Holiday sales refer to special promotions and discounts offered by retailers during the festive season, typically around Christmas, Hanukkah, and New Year. These sales often begin in late November with events like Black Friday and Cyber Monday, attracting shoppers looking for deals on gifts and seasonal items. Retailers use holiday sales to boost their sales volume and clear out inventory before the end of the year. Consumers benefit from these discounts, making it an ideal time to purchase gifts for family and friends or to treat themselves. Overall, holiday sales play a significant role in the economy during this time.