Black Friday (shopping)

Black Friday ( engl. Black Friday ) is called in the United States, the Friday after Thanksgiving. Because Thanksgiving always falls on the fourth Thursday in November, the next Black Friday is considered to start in a traditional family weekend and the beginning of the Christmas shopping season.

Economic Importance

Since most Americans have a holiday on that day and use it for first Christmas shopping, great sales in stores are made. Many shops and chain stores open in the early morning hours - usually by five clock - and offer special deals, discounts and freebies. Therefore, many people wait at night in long lines in front of stores to get hold of bargain (so-called door busters ). 2013 opened some big chain stores their businesses already Thursday in the early evening. Contrary to earlier assumptions, the highest sales of the year since 2005 in the U.S. on Black Friday achieved. Until then, he was about in fifth place.

Since the distribution of Internet commerce advertise online retailer with corresponding savings and free promotions on that day, so the Black Friday gained international importance. Joint Actions United hundreds of dealers such as Click Frenzy in Australia or the Black Friday Sale in Germany take advantage of this trend and to strengthen the online trading during the festive season specifically.

Distinction from the Black Friday or Black Thursday

Not to be confused is the day the day the stock market crash in New York in October 1929 ( Black Friday, in English, but mostly Black Thursday - " Black Thursday "). The name Black Friday is caused by the fact that due to the time difference in Europe already Friday had begun while was on the American continent Thursday does not end there. Thus, the stock market crash in Europe was on a Friday.

Origin of the name " Black Friday"

The following etymological explanations are considered the most popular:

• The name can be because the crowds on the streets and in shopping centers appear from a distance like a single black mass. This could also be an allusion to the chaos that followed the stock market crash of 1929 be, as many people were still trying their savings to rescue at the last minute by the banks and therefore just as messy and loads of running about.
• Another theory is that in this high-volume day traders have the chance to get out of the negative - ie instead of red numbers into the black.
• Serve with the Note, the dealers had on that day from the money counting black hands.

The first known use of the term "Black Friday" (in this sense) was tracked by Bonnie Taylor -Blake of the American Dialect Society and an origin from Philadelphia is:

" JANUARY 1966 - " Black Friday " is the name Which the Philadelphia Police Department Has givenName to the Friday Following Thanksgiving Day. It is not a term of endearment to them. 'Black Friday' Officially opens the Christmas shopping season in center city, and it brings massive traffic jams Usually and over - crowded sidewalks as the downtown stores are mobbed from opening to closing. "