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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