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The Origins of Black Friday

The Origins of Black Friday

The Origins of Black Friday

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"173035871"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div>&NewLine;<p class&equals;"wp-block-paragraph">Black Friday is the day after Thanksgiving in the United States&comma; which is celebrated on the fourth Thursday of November&period; It marks the beginning of the Christmas shopping season and is one of the busiest shopping days of the year&period; The term &OpenCurlyDoubleQuote;Black Friday” dates back to at least the 1960s and is believed to have originated in Philadelphia&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">There are a few different theories about how Black Friday got its name&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<ul class&equals;"wp-block-list">&NewLine;<li>Heavy Traffic Theory&colon; This theory suggests the term &&num;8220&semi;Black Friday&&num;8221&semi; was used to describe the chaos and disruption caused by the heavy pedestrian and vehicle traffic on the day after Thanksgiving&period; Retail stores would be crowded with shoppers and traffic jams would clog the streets around shopping centers&period;<&sol;li>&NewLine;&NewLine;&NewLine;&NewLine;<li>Police Theory&colon; In Philadelphia&comma; policemen used the term to refer to the headaches and issues they dealt with from the massive crowds of shoppers and traffic on the day after Thanksgiving&period; Black refers to the inconveniences caused for them on that day&period;<&sol;li>&NewLine;&NewLine;&NewLine;&NewLine;<li>Accounting Theory&colon; For many businesses&comma; Thanksgiving and the following Black Friday were the dates when companies went &OpenCurlyDoubleQuote;into the black” meaning they turned a profit before the end of the calendar year&period; Black refers to being profitable&period;<&sol;li>&NewLine;&NewLine;&NewLine;&NewLine;<li>Gold Market Theory&colon; In the 1950s&comma; the gold market suffered a financial crisis and crashed on Black Tuesday&period; For years after&comma; Black Friday was associated with financial crisis and sharp declines&period; This could have led to the use of &OpenCurlyDoubleQuote;Black” for the post-Thanksgiving shopping day&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Whenever the term originated&comma; Black Friday stuck and became the popular term used to describe the day after Thanksgiving because of the disruptions and challenges caused by the onslaught of shoppers&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">The Evolution of Black Friday<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">In the early days of Black Friday shopping&comma; most people had to physically go to brick-and-mortar stores to take advantage of sales&period; Shoppers would have to wake up very early and stand in long lines outside of stores to get the best deals&period; Scenes of crowded parking lots and hoards of people waiting for stores to open were common on the morning of Black Friday&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">As more shoppers participated in Black Friday over the years&comma; some incidents of violence and injuries occurred from people rushing and cramming into stores&period; In order to create a safer environment&comma; many stores began opening earlier and earlier on Black Friday to accommodate crowds – some even starting their sales on Thanksgiving evening&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">The 21st century brought online shopping and a whole new Black Friday experience&period; Now shoppers didn’t have to leave their homes to take advantage of deals&period; Retailers started offering Black Friday sales on their websites&comma; providing an alternative to going to physical stores&period; Crowds thinned out a bit as people opted to shop online rather than deal with parking issues and long lines&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Today&comma; the majority of major retailers offer online deals on Black Friday&comma; often starting them early on Thanksgiving Day itself&period; However&comma; many die-hard shoppers still go out to stores as well for doorbuster deals and the excitement of the experience&period; Big box stores like Walmart&comma; Target and Best Buy draw crowds looking to snag deals on electronics and other bestselling items&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">But Black Friday shopping no longer stops when the sun goes down&period; With 24&sol;7 online shopping&comma; sales extend through Cyber Monday and the rest of the holiday season&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Black Friday Controversies<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">The immense popularity of Black Friday in the US has not come without controversy over the years&period; Here are some of the major issues surrounding the mega shopping day&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<ul class&equals;"wp-block-list">&NewLine;<li>Worker Exploitation Concerns&colon; Retail employees often have to miss out on Thanksgiving celebrations with their families to come into work for Black Friday sales&period; Petitions and protests have called for companies to remain closed on Thanksgiving&period;<&sol;li>&NewLine;&NewLine;&NewLine;&NewLine;<li>Overcommercialization Critiques&colon; As Black Friday sales have started extending into Thanksgiving Day itself&comma; many believe the day has become overcommercialized and now interferes with the holiday&period; Critics say the shopping frenzy detracts from quality family time&period;<&sol;li>&NewLine;&NewLine;&NewLine;&NewLine;<li>Violent Outbreaks&colon; Insanely good deals at a small number of stores have led to fights&comma; stampedes&comma; and injuries in extreme cases over the years&period; Safety concerns have caused some retailers to remove the most dangerous doorbuster deals&period;<&sol;li>&NewLine;&NewLine;&NewLine;&NewLine;<li>Negative Environmental Impact&colon; With the rise in online orders&comma; Black Friday shipping now generates an estimated 15 million pounds of cardboard waste according to some estimates&period; The overall consumption boom leads to more materials use and garbage&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Despite the controversies&comma; Black Friday remains hugely popular in the US and is considered an integral part of the Thanksgiving weekend&period; For retailers&comma; it marks the beginning of a period that will make or break their revenue goals for the year&period; The term is now also used worldwide for the busy shopping day&comma; though not associated with Thanksgiving outside the US&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">The Future of Black Friday<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Black Friday shopping has changed dramatically from its humble origins and chaotic crowds in Philadelphia&period; Today&comma; online sales make up a major portion of the spending and span well beyond Friday itself&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Looking to the future&comma; Black Friday will likely become even more digital&period; Retailers are offering earlier online deals leading up to Thanksgiving week&comma; and in-store doorbusters are declining&period; With rising gas prices and ease of home delivery&comma; online shopping will continue growing as the preferred method for many Black Friday shoppers&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">More retailers may also start closing their doors on Thanksgiving Day itself&comma; allowing workers to fully enjoy the holiday as critics have called for&period; However&comma; major consumer electronics stores like Best Buy and Walmart will likely keep doors open on Thanksgiving evening to kick off in-person sales for those who enjoy the revelry&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">No matter how it evolves&comma; Black Friday has become an enduring tradition for holiday shoppers in the US and abroad&period; The thrills of finding the best deals will ensure it remains a major shopping event&comma; both online and in-store&period; Retailers will continue competing to offer the most attractive Black Friday savings to stimulated consumer spending during the vital holiday sales season&period;<&sol;p>&NewLine;

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