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What is the history of Black Friday. 15 fun and interesting facts you should know - Bemorepanda

This is a huge traditional sale, a fabulous time when all self-respecting stores are competing to see who has more discounts. Black Friday began in the USA as a great excuse to buy gifts before the Christmas holidays. This is the first Friday after Thanksgiving and falls between November 23rd and 30th. At this time there were always sales, and in the 60s the term "Black Friday" itself appeared.
Over time, the wave was picked up by the whole world: the more competition, the more discounts that attract even more people. So this snowball is rolling, causing a crazy stir. Someone needs gifts, someone has been waiting the whole year for the opportunity to buy an expensive thing, and someone enterprisingly buys everything and then sells it at auctions at a higher price.
People wait patiently for Black Friday for months, and then all at once pile on stores and grab goods in an hour. And if the Internet sites at this time simply hang on the number of people, then in real shopping centers madness, crush, assault and other types of simple human fun are happening. Bemorepanda prepared some interesting facts about Black Friday for you:
1. In 2020, Black Friday falls on November 29th, which marks the beginning of the biggest sale of the year worldwide. Some stores prefer to open early, and some even agree to work around the clock.
2. Aliexpress is perhaps the most popular store during the promotion days, discounts up to 70% on already cheap goods attract crowds of buyers.
3. eBay this year promises discounts of up to 50%, you can buy anything on sale: from a food processor to sports equipment, the main thing is to pay attention to the delivery terms.
4. For the first time this term sounded on September 24, 1869 during a panic in the US stock market: then the gold rate collapsed by 30%, ruining many small businesses.
5. In the fifties of the XX century, severe traffic jams on the roads of Philadelphia, which began after Thanksgiving Day, were dubbed Black Friday - the traffic police could not cope with the traffic collapse.
6. Massive sales after Thanksgiving have been (and continue to be) a hefty profit.
7. In America, sales had an additional meaning: sellers not only got rid of surplus goods in store for Thanksgiving, but also attracted those who wanted to shop early for the Christmas holidays.
8. Many sellers sin by raising prices in early to mid-November in order to effectively lower them on the day of the sale (and achieve those same ninety percent discounts). The total discount is obtained either much less than the declared one, or even absent altogether.
9.In 2018, according to the estimates of the National Retail Federation of the United States, on Black Friday itself, Americans made $ 6.2 billion (23.6% more than in 2017), and just over the weekend 165 million people were shopping.
10. Despite the proliferation and increase of online shopping, many shoppers still prefer physical stores, and more than half of those who were flattered by last year's sales were shopping both in stores and online.
11. The fashion industry is still more likely to be in the rearguard of Black Friday in terms of the number of buyers and, of course, the amount of the check. For example, consumers are projected to spend, on average, just over $ 250 each on clothing and footwear (by comparison, the average furniture bill is likely to be over $ 700).
12. True, while brands like H&M, Topshop and Mango offer discounts on almost the entire assortment, then for Farfetch and Net-a-Porter Black Friday becomes a reason to sell off the rest: special discounts apply only to the Sale department.
13. In recent years, Amazon, Argos, Boots, Currys, Debenhams, Halfords, House of Fraser, John Lewis, Littlewoods, Morrisons, Tesco and Very have been among the most active members with the best discounts.
14. Which states that 87% of Black Friday special pricing items can be purchased for the same price or even lower at other times of the year.
15.When shopping, please note the explanation for the special offer. Sometimes stores simply indicate the price "was-now", where the product was sold at the old price almost six months ago, but not yesterday.
On the one hand, Black Friday really looks like a thoughtless celebration of consumerism - and therefore aggravates environmental problems, for which the fashion industry is also responsible. On the other hand, it is possible to preserve sanity even during total stunning sales. Glossy magazines also call for this - with materials in the spirit of "What timeless things to buy at a discount" or "How to assemble a basic wardrobe for a sale." “Trends are cool,” admits Who What Wear, but warns that they won't work in a wardrobe unless you have a solid base to pair them. "And it doesn't have to be expensive."
There is nothing wrong with discounts in and of themselves, and even more, it is a great opportunity for many buyers to "jump" into a more expensive and high-quality clothing segment and choose durable items made from sustainable materials and in compliance with the principles of sustainable development. You can deliberately support brands that refuse discounts in favor of charitable initiatives. Finally, a big sale could be a good non-sale solution.
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