Black Friday

Black Friday

Black Friday

Black Friday (Black Friday) is the day after Thanksgiving Day (Thanksgiving Day) in the US when traditionally the Christmas shopping season begins. Particularly popular in the United States, the occasion is also gaining popularity in other countries such as Canada. On this day many retailers open their shops very early, often at 4.00 am or earlier and offer promotional sales to speed up the shopping opportunity. Black Friday is not really a day off, but many employers leave their employees, which increases the number of potential buyers. Since 2005 it has regularly been the busiest shopping day of the year, although, in news reports that were not correct at the time, it has long been described as the busiest shopping day of the year.

The name of the day originated in Philadelphia where it was originally used to describe the heavy and obstructive traffic of pedestrians and vehicles occurring the next day of Thanksgiving. The use of the term began in 1966 and its widespread use outside Philadelphia began around 1975. An alternative explanation was later introduced: that "Black Friday" refers to the period during which retailers fall into a profit position or "in the black".

Because Thanksgiving (Thanksgiving Day) always falls on the fourth Thursday of November in the United States, the day after that falls between 23 and 29 November.

Shopping

The news media has long described the next day of Thanksgiving as the busiest day of shopping in the year. In the early years, this was not really the case. For example, Black Friday was ranked between fifth and tenth on the list of the busiest days of commercial shopping in the period from 1993 to 2001, when it usually took the first place on the Saturday before Christmas. However, Black Friday was actually the busiest shopping day of the year in 2003, and it maintained its status every year except 2004, when it was ranked second. Is kept.

Black Friday has been popular as a shopping day for a number of reasons. It marks the beginning of Christmas as the first day after the last major holiday before Christmas. Additionally, many employers give their employees that day's holiday as a part of Thanksgiving, increasing the number of buyers. In order to take advantage of this, almost all big and small retailers in the country offer different types of sale (discount). Recent years have seen retailers working beyond normal hours to maintain an edge, or to maintain direct competition. Such hours include opening your shops at least 4.00 am or keeping Thanksgiving Day open all night and starting the sale price at midnight. In 2010, Twas "R" Use began its Black Friday sales at 10:00 pm on Thanksgiving Day, and then increased competition by offering free cartons of Crayola Crayons and Coloring Books while supplies last. Other retailers, such as Sears, Aeropostale and Kemart, started Black Friday sales early in the morning on Thanksgiving and continued it until 11.00 a.m. Friday night. Forever 21 decided to walk in the opposite direction, opening at normal hours on Friday and continuing on until late at night, and working until 2:00 on Saturday morning. Historically Black Friday sales were set to next. It was common for the weekend to continue uninterrupted. While this trend has largely disappeared in recent years, it is probably due to an attempt by retailers to create a broader sense of inevitability.

Many retailers close to Canada often attract cross-border traffic, so in 2009 several major Canadian retailers launched a separate version of the day to launch a campaign to discourage shoppers from visiting the US.Canada's Boxing Day (Boxing Day) is often compared to Black Friday in terms of retailers' influence and consumerism. The Minister.

A website illustrating Black Friday selling some content on its website.

Black Friday has recently expanded to countries outside North America, such as Australia and the United Kingdom, by major online retailers such as Amazon or Apple.

Origin of the word

Black Friday as a term has been used in many contexts; It dates back to the nineteenth century when it was combined with a financial crisis of 1869 in the United States. The earliest known reference referring to "Black Friday" as the day after Thanksgiving was made in a 1966 publication in Philadelphia on the significance of this day:

January 1966 - "Black Friday" is the name given by the Philadelphia Police Department on the Friday following Thanksgiving Day. It is not a word of love towards him.

The term Black Friday began to expand around 1975, as shown in two newspaper articles on November 29, 1975, both of which have Philadelphia datelines. The first reference is in an article published in The New York Times titled "Army Versus Navy: A Dimming Splendor":

Every year that day, between Thanksgiving Day and the Army-Navy game - Philadelphia's police and bus drivers call it "Black Friday." In Bicentennial City, it is the busiest shopping and traffic day of the year as the Christmas list gets ready and the Eastern College Football season finale draws to a close.

This derivation is also evident in an Associated Press article titled "Fox on Buying Spry Dispit Down Economy" which was featured in the Titusville Herald on the same day:

The shops were jammed. People were constantly moving on automatic stairs. It was the first day of Christmas shopping and despite the poor state of the economy, people were enjoying shopping here fiercely ... A female sales manager in Gimbels controlled traffic police recklessly crossing a crowd Trying to do, he said, "This is why bus drivers and taxi drivers call today's day as 'Black Friday'". "They see it in the context of an opportunity that increases their headaches."

However, the term spread slowly and in 1985 the Philadelphia Inquirer reported that retailers in Cincinnati and Los Angeles were still unaware of the term. 

Accounting practices

Look for in the red or in the black in Wiktionary which is a free dictionary.
Many merchants objected to the use of a negative word in reference to one of the most important shopping days of the year. By the early 1980s, an alternative theory began to be promoted: which is that retailers Traditionally in the majority of the year (from January to November) operate their business at a financial loss and during the holiday season Not much to earn your profits starting from the day after Thanksgiving. When it was recorded in financial records, red ink was used to indicate a negative amount and black ink was used to show a positive amount in common accounting practices of the time. Under this theory, Black Friday is the beginning of a period where retailers no longer bear the loss (red) but take their profit of the year (black) to their home. The earliest known experiment is similar to the 1966 example above, which was unearthed by Bonnie Taylor-Blake of the American Dialect Society, is of Philadelphia in 1981 and is one of many competing prospects for the theory of "black ink" Presents as:

If this day is the biggest day of the year for retailers then why is it called Black Friday?

Grace McFeely of Cherry Hill Mall said, because this is a day when retailers earn profits - black ink.

William Timmons of Strawbridge & Clodear said: "I think it came from the media."

Belle Stephens of Moorestown Mall said, "We are all employees, we only call it Black Friday." "We work extra hard. It's a long day of hard work for the employees."

The Christmas shopping opportunity is of great importance to American retailers, and although most retailers want to make profits every quarter of the year and actually earn, some retailers rely so much on the Christmas shopping opportunity. Are that they get a year's profit in the Christmas quarter and also compensate for the losses in other quarters. Goes.

Read Also: 11.11 Sale

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