Black Friday Sales

Grummer

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it got me very curious, largely because its Not Friday the 13th, yet its call Black Friday, why? it this to do with some kind of Tax or stocktaking dates, or the end of the financial year in the US?
Could anyone from the States explain this?
thanks
 
Black Friday is the beginning of holiday shopping, and that's why it's called that, because the prices go WAY down, and for the most part, stay that way until after New Year's. Used to be the stores would open at 3 or 4 AM on Black Friday, now they're opening late at night on Thanksgiving or at midnight on Black Friday. Heck, some stores even have so-called 65-hour marathons for sales, or something along those lines.
 
Here ya go : A brief history of Black Friday - The Week

We all know the basics about Black Friday: It's the day after Thanksgiving and one of the biggest shopping days of the year. But do you know where the term originated, or when Black Friday first became a thing?

The day after Thanksgiving has long been considered the start of the holiday shopping season, which is why since 1924, Santa Claus has been a huge part of the Macy's Thanksgiving Day Parade. Nothing can nudgingly remind you about all the presents left to buy for Christmas like Santa and the Macy's logo all over your television!

In fact, the weekend following Thanksgiving has marked the start of the holiday shopping rush for Americans since the 19th century. New York City's big department stores embraced the idea as a marketing gimmick in the early 20th century, staging events, releasing Christmas ads, and hosting parades, most notably Macy's annual blowout, which debuted in 1924.

The post-feast shopping frenzy quickly became so important to merchants that in 1939 they appealed to President Franklin D. Roosevelt to extend the buying period by moving up Thanksgiving. Roosevelt obligingly issued a presidential proclamation changing Thanksgiving to a week earlier, angering those who had already made travel plans and causing some to refer to the day as Franksgiving. You can read all about this debacle here.

In the '50s, people running factories started referring to the day after Thanksgiving as "Black Friday" because so many employees failed to show up for work. In the early '60s, Philadelphia police started using the term to refer to the onslaught of jaywalking shoppers who converged on the city's downtown. By the '70s, the name was more widely used to connote the kick-off of holiday shopping, but still bore negative connotations. It only took on a positive ring in the '80s, when some shop owners pointed out that the profitable post-Thanksgiving rush put "black ink" on their balance sheets for the first time all year.

Up until the last five years, most retailers opened for business at around 6 a.m. on Black Friday. But in 2011, big-box stores like Target, Best Buy, and Kohl's pushed back to midnight, and now several aren't even waiting for Friday, opting to open on Thanksgiving night.

In recent years, several major altercations have occurred across the United States on Black Friday, fueled by shoppers who have been waiting in long lines for limited items. In 2011, a woman pepper sprayed her fellow shoppers trying to purchase video games in a Los Angeles area Walmart, while in 2008, a Walmart worker in Long Island was knocked down and trampled to death by shoppers who broke down the store's doors.

According to the National Retail Federation, the number of shoppers on Black Friday has been steadily increasing, with 89 million going out on Black Friday in 2012, up from 86 million in 2011. Over last year's Black Friday weekend, they also spent a lot: The average shopper forked over $423, up from $398 in 2011.

Black Friday has also spawned two other days with fancy monikers. Cyber Monday, which began in 2005, brings incredible deals to online shoppers just three days after Black Friday. Giving Tuesday (now in its second year) hits the day after Cyber Monday, and is a national movement celebrating philanthropy.
 
I do not participate in Black Friday. There are stories every year of how many people get trampled and killed. All because of Black Friday. If it was up to me, I would ban Black Friday.
 
Agreed. I don't need some random person kicking my nuts just because I got something before he did. Stupid, really, and totally not for me.
 
No. If you got something THEY wanted-- some people will do whatever it takes to get that item, and that includes beating the #@!$ out of people and robbing them. It's just not worth it. Some people have even died.
 
I didn't go out at all for Black Friday... But I did purchase from home. Some software for my business usually $75 was $25.... And a baby prop vendor was giving away free pieces with already discounted ones. I also saved $300 on two new backdrops.... So none of it was bought with greed, just a good deal for what I'd get anyway.

I don't like how they didn't mention Small Business Saturday in the article... I think it can do good on a local scale to bring money into the local economy... None of the monopoly businesses though: Walmart, Best Buy... I avoid those.
 
so its close to the "The Purge" ? lol

Do a quick google search on Black Friday killed or Black Friday Killing. You'll be very surprised at what you find. It seems like Black Friday is a guessing game. Where and which store will have an employer trampled over? Will that person survive or die?

It should be called a survivor game of some sort.
 
I didn't go out at all for Black Friday... But I did purchase from home. Some software for my business usually $75 was $25.... And a baby prop vendor was giving away free pieces with already discounted ones. I also saved $300 on two new backdrops.... So none of it was bought with greed, just a good deal for what I'd get anyway.

I don't like how they didn't mention Small Business Saturday in the article... I think it can do good on a local scale to bring money into the local economy... None of the monopoly businesses though: Walmart, Best Buy... I avoid those.

Exactly!! I would rather support small businesses than Black Friday. There are a lot of small businesses that have Black Friday deals. They may not be known worldwide, but customers going to those places would know and get good deals.
 
Black Friday= the day the merchant's books go from being in the red to being in the black.

Most profitable day traditionally.
 
Exactly!! I would rather support small businesses than Black Friday. There are a lot of small businesses that have Black Friday deals. They may not be known worldwide, but customers going to those places would know and get good deals.

On pro forums here are lists and lists of relevant local businesses. You should see if there's a useful list for bikes! People have been swapping suggestions for deals and sharing what they think of theirs all week. It's been awesome.
 
Agreed. I prefer small business sales; no long lines, and no pushy people saying "Me first"
 
I actually got some winter gear for a nice price just yesterday-- both were reasonable, and worth my money.
 
On pro forums here are lists and lists of relevant local businesses. You should see if there's a useful list for bikes! People have been swapping suggestions for deals and sharing what they think of theirs all week. It's been awesome.

If you don't mind, list some forums here or over PM. I am sure that people on All Deaf would love to invest in small businesses. Small businesses are usually the minorities. As deaf people we often feel the minorities. I am sure a lot of them would love to spend if they know of those forums.
 
I know a few businesses around here that would LOVE to see more Deaf people, all of them between North Shore and Greenleaf on Clark.
 
Black Friday= the day the merchant's books go from being in the red to being in the black.

Most profitable day traditionally.
That was the meaning I always understood.
 
Today is Small Business Saturday.
 
It certainly is, and I'm broke. Spent my money getting an upgrade in winter gear and a Xmas gift.
 
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