Black Friday 2023: How the annual sales day got its name; date, history and more

Black Friday 2023: Unveiling the Origins, Date, and Impact of the Annual Shopping Extravaganza

Gear up for Black Friday 2023, a worldwide shopping frenzy just around the corner. From date to history, here’s all you need to know about the annual sales.

Black Friday in America refers to the Friday that comes after Thanksgiving day. It is usually a prelude to the Christmas shopping season in the US. Turkey-stuffed shoppers go to both online and brick-and-mortar shops in search of the best bargains and discounts covering various items. Most shops stay open for business beginning at midnight or on Thanksgiving day to entice people with fantastic discounts on Black Friday. Historically, Black Friday has always been the busiest shopping day of the year in the US. Why, then, is it termed black Friday?} Discover everything there is you need to know about Black Friday herein; History, importance, and black Friday date 2021.

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Black Friday 2023 Date:

The day after Thanksgiving in the United States is called Black Friday. This year, Black Friday falls on the 24th  of November.

Why is it called Black Friday? Know the history behind this day

Towards the end of the week that precedes Thanksgiving day, stores, online dealers, and top brands start inundating the airwaves with black Friday offers. One likelihood is that you have also purchased during Black Friday at some point in your lifetime. However, where does the word come from? Black Friday has several myths associated with its beginning. Some individuals believe that Black Friday received its name because retailers began making profits rather than suffering losses while providing big discounts to customers. They considered that if they made large purchases, it would surely contribute to huge earnings because earnings are logged in black and losses in red. But that’s not the case. In reality, it is the police of Philadelphia who gave a name to this day as Black Friday. People believe that Black Friday is not about shopping. The Philadelphia police first used the term “Black Friday” in the 1950s to describe the mayhem that follows Thanksgiving. At that time, the football game would bring hundreds of out-of-town guests to the city, which presented a challenge for the authorities.

Some big-city businesses of the time also used the word to characterize the long lines outside their stores and the excessive shopping. In 1961, business owners attempted to rename the day as “Big Friday”. They never succeeded, though. In the US, the phrase had gained widespread recognition by 1985. Black Friday gained international recognition in 2013.

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Black Friday’s significance

The annual shopping extravaganza known as Black Friday is a significant cultural and economic occasion. Consumers eagerly await Black Friday sales to take advantage of huge discounts, which causes a spike in retail activity. The incident has gained more international recognition than it did in America, which has affected customer behaviour and instilled a sense of urgency and haste when purchasing. It signifies the beginning of the holiday season and the common custom of Christmas shopping, in addition to the search for discounts.

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