What is Black Friday?
- SabrinaLv 41 decade agoFavorite Answer
BLACK FRIDAY (SHOPPING) - http://en.wikipedia.org/wiki/Black_Friday_Sale
From Wikipedia, the free encyclopedia
Black Friday, the day after Thanksgiving in the United States, is historically one of the busiest retail shopping days of the year. Many consider it the "official" beginning to the holiday season. Most retailers will open very early and usually provide massive discounts on their products.
Although Black Friday is typically the busiest shopping day of the year in terms of customer traffic, it is not typically the day with the highest sales volume. That is usually either Christmas Eve or the last Saturday before Christmas.
The first use of this term to describe the day after Thanksgiving is not exactly known. There are two popular theories as to its origin.
One theory is that stores traditionally operated at a financial loss for most of the year (January through November) and made their profit during the holiday season. When this would be recorded in the financial records, common accounting practices use red ink to show negative amounts and black ink would show positive amounts. Black Friday is the beginning of the period where they would no longer have losses (the red) and instead take in the year's profits (the black).
Stress from large crowds
Another theory comes from the fact that shopping experience on this day can be extremely stressful. The term is used as a comparison to the extremely stressful and chaotic experience of Black Thursday or other black days. According to The Word Spy:
Christmas decorations around Tampa Bay started going up in late October, and business has been brisk since then. And while Friday--known as Black Friday for the legendary hordes--will be the biggest shopping day for many area stores, others ring up the greatest sales the Saturday before Christmas.
—Marilyn Marks, "Retailers expect good sales this Christmas," St. Petersburg Times, November 27, 1986
There exists an earlier reference, speaking to the Friday after Thanksgiving:
A BLACK FRIDAY.
There have been many Black Fridays in recent history. Most of them have been days of financial panic. There has been none of blacker foreboding than last Friday. And the blackness is not loss or fear of loss in stocks and bonds.
New York Times (1857-Current file).
New York, N.Y.: Dec 3, 1922. pg. 38, 1 pgs
Employees of retail stores have for years referred to Black Friday in a satirical way, to note the extremely stressful and hectic nature of the day. Heavy traffic and customer demands added to the long hours make it a difficult day.
Black Friday on the Internet
Advertisements in advance
Certain websites such as DealTaker.com offer information about Black Friday deals up to a month in advance. The text listings of prices are usually accompanied by adscans -- complete PDFs either leaked by insiders, or intentionally released by large retailers to give consumers insight and allow them time to plan.
The term Cyber Monday refers to the Monday immediately following Black Friday, which unofficially marks the beginning of the holiday online shopping season.
In recent years, Cyber Monday has become a busy day for online retailers, with some sites offering low prices and other promotions on that day.
Response (Buy Nothing Day)
Anti-consumer frenzy protesters have chosen this day as Buy Nothing Day in North America, where those concerned about the increasing power and influence of consumer corporations are urged to not make consumer purchases.
In recent years, some retailers (including Wal-Mart, Target Corporation, Best Buy, and Staples, Inc.) have claimed that the advertisements they send in advance of Black Friday and the prices included in those advertisement are intellectual property and protected by the Digital Millennium Copyright Act (DMCA).
Using the take down provision of the DMCA, these retailers have threatened various internet web sites who post Black Friday prices to the internet in advance of the intended release date by the retailers. This policy apparently derives from a fear that competitors, in addition to customers, will also have access to this information and use it for competitive advantage. The actual validity of the claim that prices are protected intellectual property is uncertain as prices might be considered a 'fact' in which case they would not receive the same level of protection as pure intellectual property.
The benefit of threatening internet sites with a DMCA based lawsuit has proved tenuous at best. While some sites have complied with the requests, others have either ignored the threats or simply continued to post the information under the name of a similar sounding fictional retailer.
- 6 years ago
Black Friday is the Friday following Thanksgiving Day in the United States, often regarded as the beginning of the Christmas shopping season. In recent years, most major retailers have opened extremely early and offered promotional sales to kick off the holiday shopping season, similar to Boxing Day sales in many Commonwealth Nations. And Black Friday 2013's on Friday, November 29.
If you want a list of Black Friday 2013 Deals on Laptops, TVs, Watches..., visit sites.google.com/site/blackfridayvscybermonday/. This site updates deals, sales very frequently.
- 5 years ago
Black Friday is the Friday following Thanksgiving Day in the United States (the fourth Thursday of November), often regarded as the beginning of the Christmas shopping season. In recent years, most major retailers have opened extremely early and offered promotional sales to kick off the holiday shopping season, similar to Boxing Day sales in many Commonwealth nations. Black Friday is not a holiday, but California and some other states observe "The Day After Thanksgiving" as a holiday for state government employees, sometimes in lieu of another federal holiday such as Columbus Day. Many non-retail employees and schools have both Thanksgiving and the day after off, followed by a weekend, thereby increasing the number of potential shoppers. It has routinely been the busiest shopping day of the year since 2005, although news reports, which at that time were inaccurate, have described it as the busiest shopping day of the year for a much longer period of time.
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- 1 decade ago
Black Friday is the Friday after Thanksgiving Day when everyone goes out to shop!
- 1 decade ago
Ok Black Friday is the shopping day after Thanksgiving. The reason they call it black Friday, is because it's the day when all the stores go in the "black" due to all the purchasing from the cheap sales. Most businesses operate in the red until their holiday clearance sales, which push them back up in the black. That's why it's called Black Friday.Source(s): Asked a CEO of a business and they told me.
- Gemini GirlLv 41 decade ago
Black Friday is the day after Thanksgiving. It's when too many people are out shopping.
- Anonymous5 years ago
Black Friday is in November, the day after Thanksgiving Day that marks the informal beginning of the Christmas shopping period. The majority of major retailers have large marketing sales to begin the vacation shopping season.
Black Friday has become that popular in standard traditionals shops that individuals line up for hours and there is lots of push and shoving and even physical violence. Why would you wait in a long line, be pushed and shoved simply to conserve a couple of bucks when online websites like Amazon have massive Black Friday sales and it's a stress free environment.
Amazon now has remarkable offers every day for a week leading up to Black Friday that it terms Black Friday Offer Week and culminates in Cyber Monday. Black Friday deals cover all shopping categories however Cyber Monday is specifically concentrated on digital items and electronics. It is Cyber Monday when items like Games Consoles and Kindle e-readers, Kindle Fire tablets is slashed.
Have a look at Amazon's Black Friday Offer Week specials.
If your searching for Amazon's deal outside of Black Friday Week then check out Gold Box Deals at:
Between those three pages on Amazon you will find the best deals available.Source(s): Black Friday : http://www.amazon.com/Black-Friday/b?ie=UTF8&node=... Cyber Monday : http://www.amazon.com/Cyber-Monday/b?ie=UTF8&node=... Daily Gold Box Deals : http://www.amazon.com/gp/goldbox/?ie=UTF8&tag=yah-... .
- 3 years ago
I'm a big advocate for keeping our economy healthy, which includes a modest consumption of retail
goods, but sumpin ain't right with the Black Friday concept.
I get anxious when I hear the marketing catch phrase "door buster". I visualize stampedes and vandalism.
I must admit I take a sick joy when I see some brain-stem get smushed because they had to jump over the
barricades to get at their 60 inch TV for $20. (only 3 in stock in the store, good luck). This is modern
day natural selection I suppose.
I'm locking the doors and hunkering down here.
- 5 years ago
A day where many, many black people meet up, this occasionally happens on a Friday. Hence the name Black FRIDAY.Source(s): Wikipedia
- morrellLv 43 years ago
Black Friday is the day after Thanksgiving whilst there are various revenues and human beings are doing somewhat some procuring for Christmas. from time to time clientele get in fights with one yet another, etc. I surely have purely approximately laways controlled to stay away from Black Friday. this is a bunch of hype to get you to spend a stressful day spending all your money. Who desires that?