The now famous shopping day called Black Friday happens every year the morning following Thanksgiving in the United States. On this day retailers discount their products and even give away a few products to get hundreds of customers coming into each store location. A lot of people know what happens on this day but few know how this day came about to become one of the most popular shopping days of the year in the United States, Canada, United Kingdom, and a few other select companies.
Black Friday's history isn't as long as you may think at least if you go by the way most retailers refer to Black Friday. Around the early 1980's many store owners started seeing an uptick in their revenue the day after Thanksgiving, this was usually when their accounting would go from the red (negative) to the black (positive) hence the term “black” Friday. As this evolved the retailers took it upon themselves to make this another big retail event giving incentive to shoppers to shop at their stores by offering huge discounts on big ticket items such as high-definition TV's at 70% off to the hottest toy of the Holiday season at 50% off on top of it already being a hard to find item.
As Black Friday is seemingly evolving with the times many online retailers have also started making Black Friday a big sales day for online sales where the deals stretch through the weekend to what many call Cyber Monday where the sales are just online and not in any type of physical retail location.
The largest malls and stores in the United States see thousands upon thousands of people waiting outside there stores usually 4-6 hours in advance where some even camp out for an entire 24 hours to get voucher or coupon tickets that are given out. The retailers usually give out tickets according to who is in line first due to previous practices of first come first serve where many were injured and even a few killed in the ensuing stampedes as the doors opened.
Black Friday looks to be here to stay and from market research seems to be growing year after year with even online trending up a few percentage points each year as many decided to beat the lines by just shopping for Black Friday and Cyber Monday deals online. So whether you are looking for a Toy-R-Us Black Friday sale or any other Black Friday deal you can be sure to find it on the day after Thanksgiving for decades to come.