Black Friday Definition - Deepstash
Black Friday has two relevant meanings
  • In history, Black Friday was a stock market disaster that happened on September 24, 1869, when, after a period of uncontrolled speculation, the price of gold crashed, and the...

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Black Friday Definition

investopedia.com

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  • Retailers may spend an entire year planning their Black Friday sales. They use this event as their chance to offer special prices on overstock inventory and discounts on seas...

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There is a theory stating that, when it comes to "Black Friday", the term "black" refers to being profitable, which comes from the old bookkeeping practice of recording profits in ...

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The term was made-up by the overworked Philadelphia police officers.

  • In the 1950s, crowds of shoppers and travelers flooded Philadelphia the day after Thanksgiving.

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  • Black Friday become the shopping phenomenon event it is today in the 2000s when Black Friday was officially designated the biggest shopping day of the year.
  • Until then, that title ha...

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  • For online stores, a similar tradition to Black Friday has arisen on the Monday following Thanksgiving. Cyber Monday is seen as the unofficial start of the online holiday shopping season.

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  • The sales registered on Black Friday are frequently seen as a litmus test for the overall economic situation of the country and a way for economists to assess the confidence of the av...

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