Black Friday 2024 Date and Significance: In the United States, Black Friday is the Friday after Thanksgiving and is one of the year's busiest shopping days. It sets the tone for the holiday season and marks the official start of the Christmas shopping season in the United States, with retailers offering discounts on various products. The sales continue until Monday (Cyber Monday) or for a week (Cyber Week), which accounts for almost one-fifth of annual sales in the retail industry. Black Friday 2024 Date: When does it start in 2024? Black Friday is observed a day after Thanksgiving Day in the US that usually falls on the fourth Thursday of November. This year, in 2024, Thanksgiving will be observed on Thursday, November 28, which means Black Friday will begin on November 29, Friday. Retailers will provide significant discounts on various products, attracting enthusiastic shoppers in search of deals. Black Friday 2024 Origin: Why is it called 'Black Friday?' The precise origins of the term "Black Friday" are somewhat unclear, but it is widely thought to have emerged in the United States, particularly in Philadelphia during the mid-20th century. Initially, the term referred to the heavy traffic and overcrowding in urban areas, especially around shopping locations, on the day following Thanksgiving when consumers flocked to stores in search of deals for the upcoming holiday season. Over time, "Black Friday" evolved to signify the day when retailers transitioned from operating at a loss (in the "red") to making a profit ("black") due to increased sales during the holiday shopping period. Additionally, some believe it may relate to the financial crisis in the U.S. gold market that occurred in 1869. Black Friday 2024 Significance: What's the relevance behind this? Black Friday has evolved into a global phenomenon, with the concept being adopted in several nations and becoming synonymous with the post-Thanksgiving shopping rush. For retailers, this is an important period since it has a significant impact on their annual sales figures. Customers may take advantage of incredible savings on products they've been eyeing, such as technology, clothing, and household items. In recent years, it has evolved beyond traditional in-store purchasing to encompass internet shopping. Many companies have expanded their Black Friday discounts online in recent years, offering Cyber Monday deals to attract internet shoppers.
