We all know Black Friday is the day following Thanksgiving Day in the United States and all over the world.
2017 Black Friday will be observed on 24 November but a lot of us don’t know why do we observe Black Friday or why is it even called Black Friday!
In present context,
Black Friday is celebrated the next day after thanksgiving which is observed on the fourth Thursday of November every year.
For many years it has been regarded as the beginning of the Christmas shopping season in the U.S. and other developed part of the world.
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Black Friday is not an official holiday, but some states (California etc) in USA observe “The Day After Thanksgiving” as a holiday for state government employees.
All the major retailers open very early in the morning (now-a-days even midnight!) and offer huge promotional sales!
For last 12 years this day has brought in exceptional numbers in terms of sales and revenues. In fact now it’s known as the busiest shopping day in the year.
But why Black Friday? Doesn’t it sound rac…
In 1951 a journal called “Factory Management and Maintenance” first time coined the term black Friday because workers used to calling in sick on the day after Thanksgiving, in order to have a four-day weekend.
The journal did the same thing in 1952.
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Around the same time, the police from Philadelphia and Rochester started to call the next day after thanksgiving as black Friday because there used to be huge crowds and traffic congestion accompanying the start of the Christmas shopping season.
In 1961, the city and merchants of Philadelphia attempted to re-brand the days, as “Big Friday” and “Big Saturday”; but these terms were not received well by common people!
When did this actually start? the shopping frenzy…
In the early 1980s, the retailers used to operate at a financial loss for most part of the year ( sometimes even from January through November) and made their profit during the holiday season, beginning on the day after Thanksgiving.
When they recorded their financial records for the whole year, common accounting practices would use red ink to show negative amounts and black ink to show positive amounts.
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According to this theory, Black Friday is the beginning of the period when retailers would no longer be “in the red”, instead taking in the year’s profits.
USA States which enjoy Black Friday as a Holiday too!
The states which have official public holidays for state government employees on “The Day After Thanksgiving” include Arkansas, California, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maine, Maryland, Michigan, Minnesota, Nebraska, Nevada, New Hampshire, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, West Virginia, and Wisconsin.
Except USA, who Celebrate this madness?
In the early years of this crazy shopping day, it was not like today!
In fact it was ranked from fifth to tenth on the list of busiest shopping days, with the last Saturday before Christmas usually taking first place.
But since 2003, Black Friday has owned the 1st place of being the busiest shopping day of the year.
But now-a-days it’s not only about USA but also for countries like Canada, UK, Mexico, Russia, Romania, Germany, South Africa, Austria, Switzerland, Norway, Poland, Bolivia, Colombia, Denmark, Finland, France, Ireland, Lebanon, Nigeria, New Zealand, Netherlands, Ukraine, Belgium etc.
Which Stores or Shops Offer Huge Sales on Black Friday
There are basically hundreds of stores which offer Black Friday promotional sales but only few of them are reliable. Such as Target, Kohl’s, Macy’s, Best Buy, Bealls, Walmart, Belk, Sears, JCPenney, Radio Shack, OfficeMax, Big Lots, Staples etc.
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Do Online Sites offer Black Friday promotional offers too?
Yes they do and to be honest last 3/4 years shopping online during Black Friday or Cyber Monday has seen a considerable growth.
It’s mainly because people are tired of fighting over a PS4 box or Sony TV in an Walmart store.
Rather they like to sit on before their computers or smart devices and shop whatever they need with peace of mind!
A recent study shows, online stores provide more value for a product than shopping the same thing in a crowded mall!
In recent years online sites like Amazon, Ebay, Gearbest etc. have been proven successful in various festivals including Black Friday.
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In the end, Black Friday is beautiful only when you know how to make it work and not messy!
So take a deep breath and ask yourself do you really want to join the band wagon to fight for a box of PS4 or do you want to sit on your couch and buy the products you need!