what is black friday

All your favorite stores offer some of their top deals during this shopping extravaganza and if youre a smart shopper you can get some truly awesome stuff at insanely low prices. Black Friday might bring to mind good deals and shopping stampedes but its history actually has nothing to do with that.

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Black Friday popularly signifies the conclusion of Thanksgiving and the beginning of the Christmas season in the US with discount sales at retailers nationwide.

. According to The New York Times the phrase began to be associated with shopping in the 1960s when Philadelphia police dubbed the day after Thanksgiving Black Friday due to traffic. What it does have is American greed chaos and speculation beginning with the first incarnation of Black Friday on Sep. Its a critical day for the retail sector as the holiday season accounts for almost 20 or more of annual sales for many.

Black Friday isnt called the Biggest Shopping Day of the Year for nothing. Retailers typically offer steep discounts on Black Friday to kick off the holiday season. Black Friday is the day after Thanksgiving.

Many believe it came to be. Compare on Amazon or Walmart. The origin of Black Friday in this sense is not known for certain.

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Not quite as catchy we have to admit. The black portion of the name Black Friday relates to businesses recording their losses in red ink and gains in black. By the end of 1980s all across America Black Friday was commonly used to refer to the sales and masses of people who went to them that took place around November 27 after the Thanksgiving holiday.

The day was allegedly so named either in reference to traffic congestion in central cities on the day after Thanksgiving or to the supposed fact that retailers accounts shifted. This tradition lives on in modern accounting software hence the name. Black Friday refers to the day after Thanksgiving and is symbolically seen as the start of the critical holiday shopping season.

The term Black Friday got traction with the Internet. Definition of Black Friday. The Friday immediately following Thanksgiving Day that is considered by retailers to mark the beginning of the holiday shopping season.

Stores offer big discounts on electronics toys and other gifts.

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