Black Friday 2023: Little Known Facts About The Annual Sales Day
NDTV
Every year, Black Friday falls a day after the festival of Thanksgiving, the traditional US holiday where people express gratitude over a delicious meal with traditional delicacies like roast turkey apart from other dishes.
Black Friday marks the start of the Christmas shopping season in the United States and several stores offer significant discounts and promotions on this day. It is considered one of the busiest shopping days of the year in the country. Every year, Black Friday falls a day after the festival of Thanksgiving, the traditional US holiday where people express gratitude over a delicious meal with traditional delicacies like roast turkey apart from other dishes. This year, Black Friday is being observed today.
The term "Black Friday" originally referred to the day when retailers would shift from being in the red (operating at a loss) to being in the black (making a profit). However, over time, the day evolved into a major shopping event characterized by large crowds, long store hours, and extensive promotions both in physical stores and online.
But the annual retail event is still arguably shrouded in little mystery. So, here are a few little-known facts about the day: