We all know about Black Friday when retailers slash prices to mark the start of the holiday buying season. We’ve all seen the online deals and film footage of crowds queuing outside stores hoping to snap up bargains. What is Back Friday though and where did it come from? Black Friday refers to the day after Thanksgiving and is symbolically seen as the start of the critical holiday shopping season. Stores offer big discounts on electronics, toys, and other gifts.
Black Friday 2021 officially takes place on 26th November, but we're already seeing new deals launch every day and since the restrictions set in place in the prior Black Friday have now been lifted, this year's Black Friday is speculated to be the biggest one in over 10 years!
Interesting fact : - Ironically, the term ‘Black Friday’ was actually first associated with a financial crisis rather than shopping sales regarding a Gold market crash back in 1869 which was in conjunction with a Wall Street bankruptcy!!
The phrase itself further got reinforced in the Wall Street crisis of 1929 however it was not until later years that the period succeeding the US holiday ‘Thanksgiving’ became associated with the phrase.
So, after all of this, the link between post-thanksgiving and the term referring to financial fad was drawn together in the 1950s in the US as stores would record their account by hand, noting their losses in red and their profits in black.
As this was an already popular time of the year to shop many items were discounted and from thereover the worldwide shopping phenomenon: ‘Black Friday’ was born!
We know you can't wait until next week for the official Black Friday, so here's a sneak peek at some of C247's Black Friday deals.
