Entity: BLACK-FRIDAY
Black Friday is a term that refers to the Friday immediately following Thanksgiving Day, marking the beginning of the holiday shopping season with massive sales and discounts offered by retailers.
BLACK-FRIDAY
Etymology
The term 'Black Friday' originated from the concept that businesses operate at a financial loss ('in the red') until the day after Thanksgiving, when massive sales finally allow them to turn a profit ('in the black').
Definition
Black Friday is the Friday immediately following Thanksgiving Day, considered by retailers to mark the beginning of the holiday shopping season with significant discounts and sales.
Historical Context
The tradition of Black Friday dates back to the 1950s when it was first used to describe the day after Thanksgiving. Over the years, it has evolved into a major shopping event with retailers offering substantial discounts to attract customers.
Cultural Significance
Black Friday has become a cultural phenomenon, with consumers eagerly anticipating the sales and discounts offered by retailers. It has also been associated with long lines, crowded stores, and sometimes chaotic shopping experiences.
Related Concepts
In recent years, Black Friday has been extended to include Cyber Monday, a day dedicated to online shopping deals. Additionally, some retailers have started offering pre-Black Friday sales and promotions.
See Also
A day of significant discounts and sales offered by retailers, traditionally occurring on the Friday following Thanksgiving Day.