Why is Black Friday celebrated in the US: Rumers, Reasons and history

Black Friday

Most people are aware that the day after Thanksgiving is known as “Black Friday,” but why? The day’s origins aren’t related to the practice of selling off slaves the day after Thanksgiving, as some social media posts claim, according to the Associated Press. First Black Friday claims Instead, a financial collapse in the late 1880s is where the phrase “Black Friday” first became associated. According to Business Insider, two investors, Jay Gould and Jim Fisk raised the price of gold, which caused a market crash on Friday, September 24, 1869. Farmers suffered,  foreign trade was suspended, and the stock market fell. The following day was called “Black Friday.” Black Friday didn’t become synonymous with shopping after Thanksgiving until the 1960s, when large crowds flocked to Philadelphia’s streets ahead of the annual Army-Navy game to take advantage of store sales, according to the AP. Second Black Friday claim A sales manager at Gimbels department store claimed in a 1975 AP article that bus and cab drivers called the day after Thanksgiving Black Friday due to the “headaches it gives them” as police attempted to manage the crowds. Retailers tried calling the day “Big Friday” because the term “black,” like Black Friday 1969, is associated with economic bad times, according to The New York Times.  They were unsuccessful, and “Black Friday” was eventually reclaimed, largely because the big shopping day could turn around declining profits. In this era, Black Friday Since then, Black Friday has become synonymous with shopping. Additionally, names for the days that follow it, such as Small Business Saturday and Cyber Monday, have replaced it. According to the company, American Express founded Small Business Saturday in 2010. According to American Express, the day was instituted “amid the recession” with the goal of “encouraging people to Shop Small and bringing more holiday shopping to small businesses.” According to Reader’s Digest, the National Retail Foundation’s senior vice president of research and strategic initiatives first used the term “Cyber Monday” in 2005.  On the Monday following Thanksgiving, the NRF reportedly observed a rise in online sales and traffic, which was thought to be brought on by people making purchases while using computers at work, where the Internet was probably faster and their kids couldn’t see what they were buying. Read More: Milad Mohammadi Biography: Net Worth, Early Life, Career & More Blizzard terminates a 14-year licensing agreement with NetEase in China FAQ

Milad Mohammadi Biography: Net Worth, Early Life, Career & More

Milad Mohammadi

Milad Mohammadi Keshmarzi is an Iranian footballer who plays for the Iranian national team, the Greek Super League club, and AEK Athens. Milad plays as a left-back and winger. Full name: Milad Mohammadi Keshmarzi Date of birth: 29 September 1993 (age 29) Place of birth: Takestan, Iran Height: 1.78 m (5 ft 10 in) Profession: Soccer Player Position: Left back, winger Current Club: AEK Athens Sibling: Mehrdad Mohammadi … Read more

Sandeep Lamichhane sent to judicial custody for rape charges | Biography

Sandeep Lamichhane

Sandeep Lamichhane is a Nepalese cricketer who plays for the Nepal national team. The Cricketer is well-known as a leg-break bowler. Full name: Sandeep LamBirthplace: Aruchaur, Syangja, Nepalichhane Born: 2 August 2000 (age 22) Birthplace: Aruchaur, Syangja, Nepal Family Father: Chander Narayan Lamichhane Mother: Kopila Devi Sister: Indu Lamichhane Brother: Mohan Lamichhane Profession: Cricketer (Baller) Nationality:  Nepal International Cricket career: (2016–present(suspended since 9 … Read more

Prince (2022) movie review: Plot, Cast & Crew, Dark comedy film

Prince Movie Review

Prince is Tamil language dark comedy film staring with Sivakarthikeyan, Maria Ryaboshapka and Sathyaraj. Film is written and directed by Anudeep KV and produced by Suneil Narang. Stats Film: Prince Director / Writter: Anudeep KV Producer: Suniel Narang, D. Suresh Babu, Pushkar Ram Mohan Rao Starring (Characters) • Sivakarthikeyan (Anbarasan) • Maria Ryaboshapka (Jessica) • Sathyaraj … Read more

Former Chief Minister Mulayam Singh Yadav died at 82: Biography

Mulayam singh yadav

Former Chief Minister Mulayam Singh Yadav is a well-known Indian politician figure. He is the founder of the Samajwadi Party (SP) and became the first president of the Samajwadi Party (SP). He became three terms as chief minister of Uttar Pradesh state (1989–91, 1993–95, and 2003–07). He died Mulayam Singh Yadav Stats Date of Birth: November 22, 1939 … Read more

The Ghost movie Review: Not Ghostly but for Action lover, Plot, Cast & Crew performance

The Ghost movie Review

The Ghost is an action-thriller drama film that directed and written by Praveen Sattaru. Suniel Narang, Sharrath Marar & Puskur Ram Mohan Rao are the producers. The main actors are Nagarjuna, Sonal Chauhan, and Gul Panag. Stats Director / Writer: Praveen Sattaru Producer: Suniel Narang, Sharrath Marar & Puskur Ram Mohan Rao Starring (Characters): Nagarjuna (Vikram) Sonal … Read more

Lt. Gen. Anil Chauhan new CDS of India: Know more about CDS | Biography

Anil Chauhan

Mr. Anil Chauhan, a retired lieutenant general, was selected by the government as India’s new chief of defense staff on Wednesday, September 28, 2022. (CDS). Following the tragic death of his predecessor, Lt. General Bipin Rawat, in a helicopter crash, Chauhan, the nation’s second CDS, will take over the position that has been empty since … Read more

Former MoviePass executive are being sued by SEC for fraud

The Securities and Exchange Commission (SEC) filed a complaint against three of MoviePass’s previous executives prior to the company’s formal relaunch, alleging they misled the public and investors. Mitch Lowe, the former CEO of MoviePass, and Ted Farnsworth, the former CEO of parent company Helios and Matheson Analytics (HMNY), were the targets of the SEC … Read more