Meaning of black friday (what is it, concept and definition)

What is Black Friday:

As Black Friday is called the day trade offers special in all its merchandise.

As such, it is celebrated the day after Thanksgiving, the fourth Friday of the month of November, and has its origin in the United States, although today this commercial formula has been extended to different countries in Latin America and Europe.

Traditionally, Black Friday is considered the first day for Christmas shopping. To do this, both retailers and department stores put their products on offer to massively attract consumers.

English, Black Friday is literally translated 'black Friday'. In Spanish, it is advisable to write it in lower case and in quotation marks, to highlight it and distinguish it from other uses that have a negative ("it was a black Friday on the New York stock exchange") or a tragic one ("Decreed black Friday by the prime minister, after a plane crash ”).

The oldest record of the black friday expression that is known is the one referring to Friday, September 24, 1869, when there was a resounding drop in gold prices in the United States, which caused a crisis situation in the markets of values.

However, the expression black friday , with the sense with which we know it today, began to be used in 1961, in the city of Philadelphia, when in a public bulletin it was alerted about the chaos generated on public roads by those of commerce. day after Thanksgiving.

The Black Friday , as such, began in the United States and Canada, and has since spread to Latin American countries like Mexico, where it is called "El Buen Fin", in relation to the weekend discounts Mexican trade offers with the objective is to stimulate purchases. In other countries, such as Spain, Panama or the Dominican Republic, the Black Friday culture has been gradually acquired.

The counterpart of Black Friday is Cyber ​​Monday or cyber Mondays, created to stimulate online commerce, offering great discounts in online stores that day.