What is Black Friday?

Published By- Nilesh Badwar (TheQualts)

Published Date- 24 Nov 2023

Annual Shopping Frenzy 

Black Friday is an annual shopping extravaganza celebrated globally, with a special focus in the USA, occurring on the last Friday of November.

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Origin and Timing: 

Originating in the United States, it falls after Thanksgiving and marks the beginning of the Christmas shopping season.

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Consumer Feeding Frenzy 

Known for colossal discounts and unbeatable deals, Black Friday unleashes a frenzy among shoppers, both in physical stores and online platforms. 

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Historical Roots: 

Tracing back to mid-20th century Philadelphia, the term "Black Friday" was initially used by police to describe chaotic crowds after Thanksgiving. 

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Business Profits:  

The term "Black" refers to businesses going from financial losses (in the red) to making profits (in the black), signifying a positive turn for retailers. 

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Global Phenomenon :

While rooted in the USA, Black Friday's popularity has transcended borders, becoming a global phenomenon embraced by countries worldwide. 

Shopping Trends: 

Black Friday has influenced shopping trends, with early store openings and a shift towards online shopping, altering traditional routines. 

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