The term “black friday” predates e-commerce, suburban shopping malls, and even city-center department stores in fact, according to the history channel , the first recorded use of the term “black friday” had nothing to do with holiday shopping.
Taking place on the friday after american thanksgiving (falling anywhere between november 23 and 29), the term “black friday” was coined in the 1960s to mark the kick-off to the christmas shopping season. Black friday – the name given to the first day after thanksgiving – is one of the most important retail and spending events in the united states every holiday season, prognosticators make predictions about the level of sales on black friday, and investor confidence may be affected by whether or not those expectations are met. Black friday and cyber monday are now a global phenomenon just as family dinners of turkey and stuffing on thanksgiving have been time-worn american traditions, black friday and, in the last few years, cyber monday have emerged as staples of the long holiday weekend, too.
Black friday means long lines, parking nightmares, and sub-par deals yet a new crop of entrepreneurs, more suited for small business saturday than the insanity of black friday, are offering more than just deals. One thing to remember is that, long before the rest of us started calling it black friday, retailers hoped to start the holiday shopping season with a bang by offering “can’t miss” deals.
The origins of the term “black friday” have become somewhat obscured in the mists of time, however, leading people to invent fanciful explanations for how that phrase became attached to the day after thanksgiving.
Black friday hit the press in 2014, after fights broke out in stores that offered savings on big ticket items as a result, many customers turned to online shopping in 2015 it has been predicted that spending online would hit £107bn on black friday this year, up from £810m last year.
10 reasons black friday is awful and needs to go away after reading through the advertisements for black friday deals, you're probably drawn to some of the bigger items if you can save $300 on a tv, why wouldn't you face the crowds to buy it covering the earlier hours, the effects on the economy, and where to find the best deals not.