black-friday

So Black Friday is just a couple of days away, and you are probably planning to get that item you’ve desired to get for months now, at a highly discounted price. But what is Black Friday really about?


History

Black Friday is the day following Thanksgiving Day in the United States (the fourth Thursday of November). Since 1932, it has been regarded as the beginning of the Christmas shopping season in the U.S., and most major retailers open very early (and more recently during overnight hours) and offer promotional sales. For millions of people Black Friday is the time to do some serious Christmas shopping.

The term “Black Friday” was coined in the 1960s to mark the kickoff to the Christmas shopping season. “Black” refers to stores moving from the “red” to the “black,” back when accounting records were kept by hand, and red ink indicated a loss, and black a profit.

Ever since the start of the modern Macy’s Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to a bustling holiday shopping season.

Black Friday In Nigeria

This year’s black Friday in Nigeria had kicked off in different stores since the beginning of the month of November 2016. However, Jumia which started the Black Friday in 2013, have promised a two-week sales period beginning from 14th – 24th November 2016 while Konga’s Fall Yakata is to commence 18th to 21st of November, 2016. And many other stores around Lagos environs and Nigeria.