What is Black Friday?


July 29, 2017 Facebook Twitter LinkedIn Google+ Black Friday



Black Friday & Cyber Monday are the Biggest Discount and Promotional Days

The black Friday this year will be held on Friday, 24th of November.

Many among us know the popular day for shopping that is known as black Friday but do you really know why is it called that way? Keep on reading and you will definitely come across some interesting information about this day along with black Friday meaning which hopefully you didn’t know before. This is a shopping day that comes after the day of thanksgiving. The reason why this day is called black Friday is that so many people used to go out shopping on this day that it lead to massive number of traffic associated accidents and it at times also cause violence of the traffic rules. The title was first ruled out by the dealer of rare stamps named as Earl Apfelbaum in the year of 1966. At first the name was advertised as a wrong name that was given by the police department of Philadelphia but later on this name had made its mark in the world of trade.

 

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Hold a Black Friday event

This is a shopping day that comes after the day of thanksgiving. The reason why this day is called black Friday is that so many people used to go out shopping on this day that it lead to massive number of traffic associated accidents and it at times also cause violence of the traffic rules. The title was first ruled out by the dealer of rare stamps named as Earl Apfelbaum in the year of 1966. At first the name was advertised as a wrong name that was given by the police department of Philadelphia but later on this name had made its mark in the world of trade.

When did the name become common for the people?

The owners of the market and members of the retailing community did not appreciate this name. All the other days were signified with one incident in history like black Tuesday was remembered because on that day the stock market lost 11% of the price despite of the efforts of the major investors who wanted to support the prices of the stock. The day after thanksgiving is one of the most profitable days for the retailers so that is why they wanted to take out good meaning from this title. There are exclusive black Friday deals given by the shopkeepers to the public. They used the name to signify the success and profit of the retailers. In the accounting terms black Friday is known as sign of profit whereas red is depicted for loss in the business. Therefore black Friday means the day of profit.

What is open and what is closed on this day?

Black Friday is not a holiday that has been announced by the government for the whole country rather it is considered as public holiday in some of the states of USA. People usually take a leave right after the Thanksgiving Day from their annual leave. A lot of the organizations remain closed on the Thanksgiving Day weekend. The schedule of public transit system may or may not vary on this day. There are some stores in USA that extend the opening hours for the customers on this day. The roads are filled with traffic and it gets pretty congested on the popular shopping destinations.

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Sometimes on Black Friday

Having a day to celebrate shopping is a fun day in its own. The day that we have elaborated in this article is black Friday. There were two theories as to how this day got its name.  The day is celebrated after the thanksgiving. The first theory depicted the mass traffic accident on the roads of Philadelphia back in 1966 and the other theory depicted the excessive profit that the retailer have due to massive selling on this day right after thanksgiving. People take off on this day just to buy the gifts for their loved ones. Some times on Black Friday their is to much crowd of peoples every one wants first get the discount and specific product he wants. Thats why some time peoples are fight because of items shorts. Thousand of peoples over the world buying online and visit Shopping centers Shops are fully filled with peoples.

Black Friday Crowd Day for Shopping Day 

Black Friday is celebrated worldwide for shopping spree. The day was named to the day right after thanks giving. The shopping malls and every shop in the city are crowded with the people on this day. Along with massive shopping a lot of road accidents and crimes are also reported during this time of the year. Peoples of Crowd is normal thing on that Day. Every one Excited to buy low prices items. Some peoples most excited and they behave like this. If there is one item but the customers are two so then they fight i want this and other one say i want this.

Shopping violence

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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