Marking the first day after the auspicious celebrations of Thanksgiving, Black Friday is the biggest shopping day in the biggest economy of this world. The origin of this name for the day is debated till date and has more than one explanation behind it. Some say that this phrase was coined by Philadelphia Police Department as so many people went shopping and caused mayhem in the downtown area. Another explanation is that this is the day when retailers begin to turn the profit for the year and in accounting terms, positive amounts are shown in ‘black’.
Although this day is not announced as an official holiday, millions of employers relieve their employees and give them the day for shopping. Since 2005, this day has become a shopping sensation and people intend on grabbing the best deals from stores. This idea has now spread across all over the world and with many other countries participating in the frenzied shopping.
Following are some fun facts about this extravagant day. Happy Shopping!
- Shoppers on this day spend almost over 300 dollars according to a survey by National Retail Federation.
- Black Friday has also been proven as one of the deadliest days of the year as in the past years more than 7 deaths and 100 injuries have been recorded.
- Despite all the crowd that’s seen on roads on this day, most of the shoppers stay home and shop online through which they get more discounts.
- The funniest fact is that during this day plumbers are the busiest day according to a report by CNN as guests ‘overwhelm their system’.
- Black Friday has spread in more than 15 countries worldwide and the trend of announcing a shopping day is getting popular in countries.
