 What is black Friday Sale?

Black Friday occurs the day after Thanksgiving in the United States, marking the start of the holiday shopping season, with the next occurrence on November 29, 2024

It is one of the busiest shopping days of the year, with retailers offering significant discounts across various product categories

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The term "Black Friday" originated in Philadelphia in the 1960s, initially describing the chaos and heavy traffic caused by holiday shoppers

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Retailers use the term to signify moving from operating at a loss ("in the red") to making a profit ("in the black") during this critical sales period

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Black Friday significantly impacts annual sales figures, often accounting for nearly one-fifth of total retail sales for the year

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The concept has spread internationally, with many countries adopting similar shopping events, even those without a Thanksgiving holiday

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Sales often extend beyond Black Friday into Cyber Monday and Cyber Week, allowing consumers to continue shopping for deals online

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The day has evolved into a social event where families and friends shop together, marking the unofficial start of holiday celebrations

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Black Friday sales as a measure of consumer confidence and economic health, reflecting discretionary spending trends

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