Black Friday
January 15, 2019
Why do we call it Black Friday? Where did Black Friday come from? Why it is the busiest shopping day of the year?
The day after Thanksgiving, American traders are trying to make more profits. The retailers were losing profits from the month of January to November. At that moment, the accounting bank practices used to stamp the red ink in their bank account. It shows that the sellers didn’t obtain the right amount of money. In the opposite situation, black ink was to be used. That day, the retailers would no longer be in the red ink.
Black Friday is the following day of Thanksgiving in the United States. The day after Thanksgiving started in the 1960s in Philadelphia. This event is also the beginning of the American’s Christmas shopping season.
‘’We were obligated to work 12 hours straight to make sure that everything was well.’’ said the police in Philadelphia.
The term ‘’Black Friday’’ was originated in Philadelphia. This word describes the crowdedness and the traffic during the shopping day. According to Mr. Zimmer, they tried to give the day a more positive name such as Big Friday. But that term was quickly forgotten.
Since 2005, Black Friday is also the busiest shopping day of the year. Many people are going to the mall to buy things that are cheaper than their original price.
The retailers also offer special sales and promotions to the shoppers that arrive early. During Black Friday there are some stores that open early or even at midnight.
Black Friday is also celebrated in other countries like Canada, United Kingdom, Ireland, Australia, South Africa, Benelux, Sweden, Mexico (as El Buen Fin) and in many other parts in the world.
Written by: Sarah Manalo
Modified by: Erika Mae Dayanghirang
Perrine Yode Nemadjilembaye Dorite