Why do they call it black friday shopping?
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
The busiest shopping day of the year is upon us and retailers are expecting big numbers. But why do they call it Black Friday shopping? Some say it’s because this is the day when retailers finally turn a profit, or ‘go into the black’. Others say it’s because of the heavy traffic and crowded stores. Whatever the reason, Black Friday is a big deal for shoppers and retailers alike.
Black Friday is the day after Thanksgiving in the United States. It is a day when many retailers offer doorbuster sales and discounts on their products. The term “black Friday” shopping comes from the fact that many retailers’ profits go from being in the red to being in the black on this day. For many people, black Friday shopping is a tradition that helps them kick off the holiday shopping season.
The term “Black Friday” has been used in America since at least the 1960s. Some say it’s because so many people call in sick the day after Thanksgiving, that it causes a spike in traffic accidents. Police in Philadelphia used the term to describe the mayhem surrounding the crowds and traffic.
But there are other theories about where the term came from. One is that it’s simply the opposite of “white” Wednesday, which was when people would do their Christmas shopping.
Another is that it’s named after a financial crisis in 1869 when two speculators tried to corner the gold market, causing a panic and a day of heavy selling on the stock market.
Whatever the origins of the term, “Black Friday” has come to mean one thing: the start of the holiday shopping season. And for many people, that means braving the crowds and the long lines at the stores.