What is Black Friday?
What exactly is Black Friday and why do people get up in the middle of the night after a huge family Thanksgiving meal to go shopping. Well, we did a little research into the history of Black Friday and if you want to participate how to get a game plan ready.
History of Black Friday
The true story behind Black Friday, however, is not as sunny as retailers might have you believe. Back in the 1950s, police in the city of Philadelphia used the term to describe the chaos that ensued on the day after Thanksgiving, when hordes of suburban shoppers and tourists flooded into the city in advance of the big Army-Navy football game held on that Saturday every year. Not only would the police have to work extended hours but they had the additional headache of shoplifters would also take advantage of the crowds in stores and steal merchandise.
Sometime in the late 1980s, however, retailers found a way to reinvent Black Friday and turn it into something that reflected positively, rather than negatively, on them and their customers. The result was the “red to black” concept where the retailers stated that they were in the red (at a loss) prior to the Friday after Thanksgiving. Then with their reduced inventory, they would be in the Black thus changing the negative name of Black Friday. Even though most companies are not in the Red and they see higher profits the Saturday before Christmas than they do on Black Friday.
Black Friday in 2018
Although this is a tradition for many people across America to go out and shop the sales on Black Friday, the number of people who participate and who they take advantage of sales has drastically changed. With the age of the internet, you can have access to sale ads days prior. In the past, you would have to wait for Thanksgiving day to buy a newspaper and then look at the sales. https://blackfriday.com/is a great site to get your ads early.
And with more people buying online Cyber Monday takes away from not only the people who participate but also the money that the stores make on Friday because they love to shop online from the convenience of their home.
So in conclusion whether you participate or not Black Friday has become a tradition in our American Culture that does not look like it will be changing any time soon. So if you do choose to join all of us to shop on Black Friday, come up with a plan so that you get the items you want and can sneak back to bed all before the sun comes up.