Black Friday is a popular shopping event that takes place on the day after Thanksgiving in the United States. It marks the beginning of the holiday shopping season and is often considered the busiest shopping day of the year.
Black Friday sales typically start on Thanksgiving evening or early Friday morning and continue throughout the weekend. Many department stores, online retailers, and small businesses participate in this shopping event, offering exclusive Black Friday deals and promotions to their customers.
In recent years, online shopping has become more popular, and retailers have extended their sales into what’s now known as Cyber Week, which includes Small Business Saturday and Cyber Monday (the Monday after Thanksgiving). The holiday season typically ends with Christmas shopping and post-holiday sales.
Cyber Week is one of the most significant shopping holidays in the United States, with millions of people taking advantage of holiday sales. The event has also become increasingly popular among online retailers, with many offering online sales and discounts to compete with brick-and-mortar stores.
Black Friday has also had an impact on the stock market, with retail sales during this time affecting the overall performance of the market.
While Black Friday is a popular shopping event, it has faced criticism for encouraging excessive consumerism and putting pressure on retail workers to work long hours and deal with crowded stores. Despite this, Black Friday continues to be one of the busiest and most important shopping days of the year.
Black Friday is called this because it’s a day that retailers hope to go from being in the red (losing money) to being in the black (making a profit). Since it falls on the Friday following Thanksgiving (the fourth Thursday in November), it’s considered to be the start of the holiday shopping season, with retailers offering heavy discounts and promotions to attract shoppers.
The term “Black Friday” was first used by police in Philadelphia in the 1960s to describe the chaos and heavy traffic that occurred on the day after Thanksgiving. However, the term started referring to the day’s importance for retailers in the 1980s.
Since then, Black Friday has become an important day for both retailers and consumers in the United States, with many people lining up outside stores before they open in order to take advantage of the deals.
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