• 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...

• 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...

• 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...

• 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 discoun...

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...