The Black Friday 2019
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What is Black Friday?
Black Friday is the name given to the shopping day after Thanksgiving. It was originally called Black Friday because the volume of shoppers created traffic accidents and sometimes even violence. Police coined the phrase to describe the mayhem surrounding the congestion of pedestrian and auto traffic in downtown shopping areas.
The Day After Thanksgiving (Friday) is known as Black Friday. This used to be unofficially or officially the start of the holiday shopping season. Almost all stores come out with Doorbuster Sales with the early bird special to attract consumers to their shop. People stand in line hours before the stores are opened, to grab the bargains of the year. In the last few years, we have witnessed a trend towards bringing those Black Friday Sales online before Friday.
Black Friday is no more a one-day event
In the last few years (starting from 2013 to be precise), Black Friday Sales have started way before Friday-with some stores starting their Black Friday sales on Thanksgiving day & some even starting on Wednesday and Monday. It would not be surprising to see Black Friday sale starting on Monday on the Black Friday week. As a result, revenue-wise Black Friday is NOT the biggest day for stores. The biggest sales day now includes Thanksgiving day, Green Monday and Cyber Monday.
Why it is called Black Friday?
The closest reason as to why it is known as Black Friday is given in Wikipedia – “Many retailers report some of their highest profits on Black Friday. The black portion of the name, “Black Friday” relates to businesses recording their losses in red ink and gains in black. This tradition lives on in modern accounting software, hence the name.”. The term Black Friday got traction with the Internet. Deals websites like Wayrightmeds.com started to highlight “Black Friday sales” from 2003 and the retailers picked it up. Essentially, Black Friday is an Internet term. Prior to it, people used to refer the sales as ‘Day after Thanksgiving Sale’ or some variation of it.
So When is Black Friday?
Friday, November 29th, 2019
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