Black Friday and retail spending - Deepstash
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Black Friday and retail spending

  • 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 seasonal items, such as typical holiday gifts.
  • Retailers also offer significant discounts on top-selling brands of TVs, smart devices, and other electronics, tempting customers in the hope that, once inside, they will purchase higher-margin goods.
  • Consumers often shop on Black Friday for the hottest trending items, which can lead to stampedes and violence in the absence of adequate security.

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The origins of Black Friday

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.
  • Philadelphia stores hosted major sales that day, but the city also hosted the Army-Navy footb...

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How Black Friday evolved

  • 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 had gone to the Saturday before Christmas.
  • Today, Black Friday is becoming an increasingly le...

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Cyber Monday competition

  • 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.
  • The idea is that consumers return to work after the Thanksgiving holiday weekend, ready to sta...

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Black Friday has two relevant meanings

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 markets crashed.
  • The contemporary meaning refers to the day after the U.S. Thanksg...

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"In the Black"

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 black ink and losses in red ink.

Retail businesses should be able to sell enough on t...

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The economic significance of Black Friday

  • 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 average American.
  • Those who follow the Keynesian hypothesis​ that spending d...

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