What is the “Black Friday”?


When the word “Black Friday” first appeared, it was not a holiday festival, but an avid financial crisis. In particular, the collapse of the US gold market on September 24, 1869. Two famous Wall Street financing Jay Gould and Jim Fiske spread rumors that gold would rise and urged everyone to use all their financial resources to get as much gold as possible. It is possible to get in a short time. Amazing snow. On Friday in September, the rumor broke and gold fell. Overnight, everyone suffered from the most serious loss, and the chain reaction experienced a sharp fall in the stock market as a whole, causing many people to lose their blood and mourn everywhere. This is the oldest origin of Black Friday.

However, the most common story of Black Friday after shopping after Thanksgiving is to connect it with merchants. As the story says, after losing money for a year, traditional retailers can earn handsome profits in the peak season on the second day after Thanksgiving; Here, when the US retail company is accounting, the loss is marked in red and the profit in black. This is the official Black Friday version, but this is not true.

In recent years, at the beginning of the nineteenth century, southern plantation owners say they can buy a large number of slaves at a discounted price on the second day after Thanksgiving, making it a tradition. The roots of this Black Friday are circulating among many people, but I don’t think they actually have a specific basis.

In fact, the true black Friday story in history is not as positive and full of opportunities as you think. In the early 1950s, Philadelphia City police used the term used to describe chaos on the second day after Thanksgiving, when many suburban shoppers and tourists flocked to the city during local football matches. So every Saturday of the year, the Philadelphia police can not only relax, but also have to work long hours to deal with extra people and traffic. The pickpocket uses the chaos in the shop to steal the local law enforcement department, which makes it very headache.

In Philadelphia in 1961, the name “Black Friday” became popular, so the city’s merchants called it “Big Friday” for people who wanted to shop, and in 1985 it was widely used throughout the country. At that time, a steady promotion A period of time in the business world in exchange for the largest sales of goods in the business world and become the most important holiday with their customers.

Since then, the one-day sales event has turned into a big four-day promotion, and the store will open its doors early Friday and enthusiastic customers can leave just after Thanksgiving dinner. Low prices to close the products they want to buy throughout the year. According to the American Retail Federation’s pre-holiday survey, an estimated 135.8 million Americans plan to shop on Thanksgiving weekends every year. Thus, Cuma Black Friday oldu became the most important holiday in the USA and affects the world.

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