Black Friday history myths and facts – Ever heard about the craze of Black Friday worldwide? Doesn’t it sound interesting? Many questions about Black Friday must be there in your mind. We exactly have what it takes to answer your queries. Here we bring you detailed facts about Black Friday. You will get to know the things you didn’t know about Black Friday.
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What is Black Friday?
Black Friday remarks the start of the largest shopping weekend. It is that time of the year when brands offer hefty discounts and affordable deals. Of course! Everyone likes huge discounts so people eagerly wait for it.
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When does Black Friday come?
Black Friday is the Friday which comes right after thanksgiving in the United States. It is the fourth Friday of every November. This is also special in the United States because people like to shop for Christmas in advance. It’s more of a shopping festival and is pivotal for the economy as well.
The National Retail Federation (NRF) estimates that, every year at least 500-800 million dollar sales are recorded on Black Friday. If we see the data from 2017 to 2020, in 2017 the sales recorded were around 679.24 billion dollars which increased to 777.35 million dollars in 2020. We are sure that your mind must have blown out upon seeing the numbers.
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How did the term Black Friday originate?
It all dates back to the 1960’s in the city of Philadelphia. The police of Philadelphia spotted masses shopping after Thanksgiving. The cops worked 12-hour shifts to handle the crowds. Irritated by such tiring working hours, policemen dreaded it as Black Friday.
The coining of this term was to mark the Christmas festive mood. As a new trend was set, retailers saw it as a golden opportunity to boost their sales. They realized that they can attract large crowds with rock-bottom prices. The term ‘black’ here means profitability. Marking profits with black ink has been a practice since ancient times. Wasn’t it an easy-peasy glance at the history of Black Friday.
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When will Black Friday be observed in 2021?
In 2021, Black Friday is falling on 26th November 2021 all around the globe.
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How is Black Friday celebrated in India?
In India also this weekend has garnered major attention of the people. Amazon India is currently hosting its Black Friday sale from 22nd November 2021. From electronics, to mobiles, to home appliances, you will rejoice massive discounts on your favorite products. Many of our ‘desi brands’ have also understood the frenzy. They are too stepping up their games to promote Indian products.
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Is there any horror side of Black Friday?
Indeed there is! You yourself must have imagined how crazy the crowd gets to see such discounts and offers. When it comes to shopping in stores in the U.S., people often get violent. Many incidents of unfortunate accidents, hurry-furry also occur. One downfall of such gigantic sales is that people end up buying unnecessary items. They shop for those things as well which they actually don’t need. This also leads to uncontrolled consumerism. Excessive production of goods in bulk affects the environment as well. More production means more pressure on our natural resources.
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