Depending on whom you converse with regarding the Black Friday retail holiday, there is a high chance that you can get negative groans or positive cheers.
Retailers in the U.K and U.S in a financial year always crave for pushing revenue and sales into the black; they do so by intensely reducing prices of goods.
Throughout history, the term Black Friday has seen several changes in meaning; it was not always related to just GDP and shopping.
Black Friday was created as a holiday for retailers to aid businesses into the black before the end of the year. Workers often call off sick because Black Friday occurs on the day after Thanksgiving; the thought of having a weekend lasting four days has been unheard of phenomenon.
When business owners realized that workers ghost on Black Fridays, they decided to give overtime or bonuses to their employees.
There is a link of Black Friday to dark conspiracies in Wall Street at 1869, suffragette’s assaults in 1910 and enforcement of the law. Police were given headaches due to the spikes in mayhem and crime on the day after Thanksgiving, and these troubles can be compared to those around the full moon.
The Philadelphia police department forces the whole of their officers to work on Black Friday to prepare for an increase in fights, traffic jams, and other sad occurrences.
The term Black Friday became a dear name used by the public and officers to describe the dark phenomena that occur the day after Thanksgiving.
Many people take pleasure in joining huge crowds in spending many hours in line to get the very first dibs on electronics, toys, and clothes whose prices have been discounted on Black Fridays. Others, in turn, to wait for Cyber Monday to arrive and then shop calmly at home.
Many pray and wait eagerly for the monumental event of Black Friday and dare not to miss it. Retailers commit to Black Friday as the peak holiday for making money due to the highest gross sales record of the year that is marked on that day.