Did You Know This

Thursday, November 9, 2017

Did you know that Black Friday is the Friday after Thanksgiving, and it's one of the major shopping days of the year in the United States -falling anywhere between November 23 and 29?

Did you know for millions of people Black Friday is the time to do some serious Christmas shopping --even before the last of the Thanksgiving leftovers are gone?

Did you know that Black Friday is the Friday after Thanksgiving, and it's one of the major shopping days of the year in the United States -falling anywhere between November 23 and 29?

Did you know that Black Friday is not recognized as an official US holiday, although many employees have the day off -except those working in retail?

Did you know that the term “Black Friday” was coined in the 1960s to mark the kickoff to the Christmas shopping season. “Black” refers to stores moving from the “red” to the “black,” back when accounting records were kept by hand, and red ink indicated a loss, and black a profit?

Did you know that ever since the start of the modern Macy's Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to a bustling holiday shopping season?

Did you know that In the 1960's, police in Philadelphia griped about the congested streets, clogged with motorists and pedestrians, calling it “Black Friday?”

Did you know that Black Friday also possibly gain its name from a financial crisis of 1869: a stock market catastrophe set off by gold spectators who tried and failed to corner the gold market, causing the market to collapse and stocks to plummet?

Did you know that the retailers began to realize they could draw big crowds by discounting prices?

Did you know that Black Friday became the day to shop, even better than those last minute Christmas sales?

Did you know that some retailers put their items up for sale on the morning of Thanksgiving, or email online specials to consumers days or weeks before the actual event?

 Did you know that the most shopped for items on black Friday are electronics and popular toys, as these may be the most drastically discounted?

Did you know that Black Friday is a long day, with many retailers opening up at 5 am or even earlier to hordes of people waiting anxiously outside the windows?

Did you know that there are numerous doorbuster deals and loss leaders – prices so low the store may not make a profit - to entice shoppers?

Did you know that most large retailers post their Black Friday ad scans, coupons and offers online beforehand to give consumers time to find out about sales and plan their purchases?

Did you know that some companies take a different approach, waiting until the last possible moment to release their Black Friday ads, hoping to create a buzz and keep customers eagerly checking back for an announcement?

Did you know that more and more, consumers are choosing to shop online, not wanting to wait outside in the early morning chill with a crush of other shoppers or battle over the last most-wanted item?





 Now if you didn't know, now you know...



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