Today is Black Friday, a major shopping event that kicks off the Christmas season.
Originating in the United States, it is held the day after Thanksgiving and is known for steep discounts and early store openings, with some sales beginning as early as Thanksgiving night.
Traditionally the busiest shopping day of the year, Black Friday draws massive crowds seeking deals, with some retailers extending their promotions through Cyber Monday or even Cyber Week.
The term “Black Friday” has an interesting history. It was first used in the U.S. during financial crises, such as the 1869 gold market crash.
In the 1950s, it gained a new association with the post-Thanksgiving chaos, particularly in Philadelphia, where it described the overwhelming congestion caused by shoppers.
Despite efforts to rebrand it as “Big Friday,” the name stuck. By the 1980s, its meaning shifted to signify profitability for retailers, marking the day they moved from operating at a loss (“in the red”) to making a profit (“in the black”).
Over the years, Black Friday has become a global event. Countries worldwide have adopted similar sales, often customising them to local traditions. Online shopping and events like Cyber Monday have further expanded its influence, creating an extended holiday shopping season.
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