The day After Thanksgiving is a day that some people stay home and enjoy another day off with their families. Thanksgiving always falls on a Thursday, so many employers will be giving their employees Friday off as well. This Friday is known as Black Friday, and it is when many people decide to start shopping for the holidays, but have you ever wondered why?
This day is unofficially or officially start of holiday shopping season where Almost all stores come out with ridiculous sales and early bird specials to attract customers to their stores. People wait hours upon hours on line in Walmart, Best Buy and specific department stores trying to get the best deal for Christmas. Many people line up hours prior to the store opening so that they are first in line to grab the greatest bargains of the year. Every store has something that may interest just about anyone, so Black Friday is often perfect day for bargain hunters or people that are trying to shop on a dime this holiday season.
People who wait until Boxing Day to hunt for sales are doing it all wrong. Black Friday has become one of the biggest shopping days of the year. Many retailers who participate in Black Friday sales events knock prices across much of their stock to kick-start the gift-buying season.
A great deal of Black Friday sales have already begun. Most retailers are starting their holiday-season sales before Friday. Some stores are starting their Black Friday sales on Thanksgiving Day (the day before) and some are starting their sales on Wednesday. Companies like Walmart and Amazon have been offering “Black Friday” prices since early in November.
Why it is called Black Friday ?
The closest reason as to why it is known as Black Friday is that many retailers report some of their highest profits on the Friday after Thanksgiving. This is because many people have gotten through one holiday and are trying to get ahead for the biggest gift-buying season of the year.
The portion of the name that refers to the color black has to do with companies’ stock prices and profits. “Black Friday” relates to businesses recording their losses in red ink and gains in black. Businesses have recorded their losses and gains as such for years and continue to due so, hence the continued nickname for the day.
When is Black Friday this year?
Black Friday sales events will be taking place the day after Thanksgiving, which is the fourth Thursday in November. This year, Black Friday falls on November 27, which is rather late in the year. Many sales start at midnight or at 8 a.m. However, the sales events have been getting earlier and earlier as the years go on. Many retailers are launching their “Black Friday” offers the evening before (on Thanksgiving) or at the start of the week. This year, some merchants have already kicked off their deals.
Remember that when you are searching for the best Black Friday deals, be sure that you’ve done your research. What may seem like a good deal may not be all that great. However, Black Friday is a day many shoppers will be hitting the department stores in hopes to find the perfect gift.