What is Black Friday

By Ndon-Eyo2 Reporter Ndon-Eyo II Etinan.

 

Black Friday


What is Black Friday

According to encyclopaedia Britannica.

Black Friday is

The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. 

National chain stores traditionally offer limited money-saving specials on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online.

It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue.

A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “ Black Friday" to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues.

Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.”

The phrase “Black Friday ” to signify a positive boost in retail sales didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.

In more recent years, Black Friday has been followed by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Giving Tuesday has also emerged to spur charitable donations.


here in Nigeria online stores like jumia and the rest are not leaving us out here  on Black Friday lowest price sales, so prepare yourself to get some goods at a very cheaper rates.

Make your daily shopping here: Black Friday

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