Black Friday is the biggest shopping holiday of the season. It is a time that allows retailers to earn huge profits, while consumers are able to recognize vast savings that would be unfathomable at any other time of the year. Many of the nation’s retailers such as Best Buy, Target, Kohl’s, Sears, Dell and a myriad of other retailers open their stores on the midnight of Thanksgiving. The savings can range from free shipping to even a whopping 80-90% off various items. Shoppers can gain these savings through either shopping in traditional brick-and-mortar stores or doing their purchasing online. With the rapid proliferation of smart phones and the internet, online shopping has become increasingly popular in recent years and is bound to be even more prevalent for this year’s Black Friday 2012 events.
Where exactly does Black Friday have its historical roots? It has many historical accounts, dating back from the nineteenth century. It was originally associated with a major financial crisis in 1869 United States. Additionally, the first reference to ‘Black Friday’ was made in a public relations newsletter from 1961 in Philadelphia. Numerous attempts to rename Black Friday and brand it as a more positive term were met with failure in a subsequent 1966 publication. It ultimately began to have a paradigm shift in its perceived popularity around 1975 when a variety of newspapers articles painted it in a better light for both consumer savings and its assistance to the economy. It was ultimately brought into stardom by the realization of many accountants of the huge financial fruit that it brought to the retailers. Consequently, the executives of many retailers decided to “commercialize” and bring the Black Friday holiday and phenomenon to the masses. Ultimately, it is nothing more than a day for greedy retailers to prosper and have consumers spend money on “perceived” bargains, that in reality, really don’t help them out much.
Where exactly does Black Friday have its historical roots? It has many historical accounts, dating back from the nineteenth century. It was originally associated with a major financial crisis in 1869 United States. Additionally, the first reference to ‘Black Friday’ was made in a public relations newsletter from 1961 in Philadelphia. Numerous attempts to rename Black Friday and brand it as a more positive term were met with failure in a subsequent 1966 publication. It ultimately began to have a paradigm shift in its perceived popularity around 1975 when a variety of newspapers articles painted it in a better light for both consumer savings and its assistance to the economy. It was ultimately brought into stardom by the realization of many accountants of the huge financial fruit that it brought to the retailers. Consequently, the executives of many retailers decided to “commercialize” and bring the Black Friday holiday and phenomenon to the masses. Ultimately, it is nothing more than a day for greedy retailers to prosper and have consumers spend money on “perceived” bargains, that in reality, really don’t help them out much.