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Statistics show that you have a good chance of doing both. The National Retail Federation reports that 164 million people will shop online and in-store on Thanksgiving weekend 2018.
Black Friday 2022 was a very popular day to shop. Three out of four Thanksgiving weekend shoppers plan to shop online and in-store.
Black Friday is a very popular holiday. This is the traditional beginning of the holiday shopping season. This is the best day to get great deals on the newest toys, games, and electronics. Our Black Friday shopping list is the best place to start. This list contains the best Black Friday deals every year.
This holiday shopping event is ideal for shoppers on a tight budget. This holiday is strangely America’s most popular. You can find holiday gifts at affordable prices all year.
I was interested in Black Friday’s history, and evolution and I decide to research it. These are the things I discover.
Black Friday History
It’s helpful to understand Black Friday’s roots by placing it within the context of the holiday shopping season.
Holiday shopping season
The tradition of giving holiday gifts dates back to ancient times.
The 20th-century consumer culture invented the holiday shopping season.
Parade of sponsors
The Macy’s Thanksgiving Day Parade is an annual tradition in New York City. This is just one of the many Thanksgiving weekend parades millions can see.
These parades attracted large crowds in smaller and larger cities during the middle of the 20th century. Many parades were sponsored by local or national retailers, including the Macy’s Parade. In those days, most parade sponsors were departmental stores.
It was simple: Department stores were add to the top events on the pre-holiday schedule, reminding customers they are open during the holiday shopping period. The official start of the holiday season was marked by the Thanksgiving parades.
Holiday Shopping Calendar
President Abraham Lincoln declared Thanksgiving would observe when he issue the proclamation announcing that it would observe. It was to observe on Thursday, November 1863.
This was the status quo up until 1939, when President Franklin D. Roosevelt signed an executive to change Thanksgiving’s date from November 4 to November 4. The change was made official by Congress in 1941.
Roosevelt moved Thanksgiving one day sooner than expected. Congress rejected this change. Congress refused to accept this change due to strong support from business interests and retailers.
Holiday shopping was synonymous with Christmas and Thanksgiving back then. There are only 24-holiday shopping opportunities if Thanksgiving falls on November 30th, as it did in 1939.
Sometimes there are fewer stores due to the fact that they close on Sundays. The concern was express by retailers and other businesses nearby that holiday shoppers might be less likely to shop during the shorter season.
Their pitch to Roosevelt was more egalitarian. A longer holiday shopping season would be good for the American economy. This may sound strange, but it’s true. The United States was still trying to recover from its 1930s Great Depression.
Roosevelt was sold regardless of its economic merits. Black Friday was the official beginning of the holiday shopping season.
Who called it “Black Friday?”?
Black Friday was a tradition that existed before the advent of e-commerce or suburban malls. According to The History Channel, Black Friday’s origin is not related to holiday shopping.
Two unscrupulous oligarchs plotted to seize the American gold market in 1869. This was the foundation for the U.S. Dollar. The scheme was so complex and extensive that Ulysses S. Grant’s entire family was involve.
The plot collapsed on Friday, September 24, sending financial markets and the U.S. economy into turmoil. This was also known as “Black Friday”.
It would be nearly 100 years until the current meaning of “Black Friday” was establish. Black Friday is the name that retailers used to use to refer to Thanksgiving Day. This resulted in an increase in their annual finances. Although this is plausible, the evidence doesn’t support it.