Black Friday, the busiest shopping day: Origin and History

Black Friday, the busiest shopping day: Origin and History

The season of Black Friday is the happy moment not only in the United States but also in Canada, the United Kingdom, Australia, New Zealand, and other countries throughout the world. It is often regarded as the beginning of the Christmas shopping season. In this year, Black Friday is being observed today on 24^th November, 2023.

👉 What is Black Friday?

Black Friday is a colloquial term for the Friday after Thanksgiving Day in the United States. It is traditionally the busiest shopping day of the year in the United States, with many stores offering highly promoted sales at discounted prices. On this day, many retailers offer significant discounts and promotions, attracting large numbers of shoppers to kick off the holiday shopping spree. Black Friday has also become a major shopping event in Canada, the United Kingdom, Australia, New Zealand, and other countries.

👉 History of Black Friday

The exact origin of the term "Black Friday" is unclear, but there exist numerous theories regarding its origin. One theory is that the term originated in Philadelphia in the 1950s, when retailers began to use the term to describe the heavy traffic congestion that occurred on the day after Thanksgiving. Another theory is that the term originated in the accounting industry, where retailers would use black ink to record profits and red ink to record losses. According to this theory, Black Friday was the day when stores would finally start to turn a profit for the year.

Regardless of its origin, Black Friday has become a major event in the American retail industry. In recent years, Black Friday sales have started earlier and earlier, with some stores opening as early as midnight on Thanksgiving Day. This has led to some criticism, with some people arguing that the early openings are excessive and that they put too much pressure on employees.

👉 Black Friday Today

Despite the criticism, Black Friday remains a major shopping event. In 2022, Black Friday sales reached an estimated $9.12 billion in the United States. Black Friday is also a major online shopping event, with Cyber Monday, the Monday after Black Friday, being the biggest online shopping day of the year.

👉 Tips for Black Friday shopping

If you plan to shop on Black Friday, here are a few tips to help you make the most of your experience:

• Plan your shopping list in advance. This will help you avoid impulse purchases and make sure you get the items you really want.

• Set a budget and stick to it. It's easy to overspend on Black Friday, so it's important to have a budget and stick to it.

• Research deals in advance. Many retailers will release their Black Friday deals in advance, so you can compare prices and find the best deals.

• Shop online or in person. There are many advantages on both online and in-store shopping. If you shop online, you can avoid the crowds and get access to exclusive deals. If you shop in person, you can see the products in person and get help from sales associates.

• Be prepared for crowds and long lines. Black Friday can be a hectic time to shop, so be prepared for crowds and long lines. It's also a good idea to bring a snack and a drink, as you may be spending a lot of time in the store.

Black Friday can be a great time to find great deals on holiday gifts. However, it's important to be prepared and to shop smart. By following these tips, you can have a successful Black Friday shopping experience.

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