What Does Black Friday Actually Mean?
Posted on February 25 2014
On a quest to find the answer, Golftini took a mid-afternoon break and did some serious searching. Here is what we learned…
THE BLACK FRIDAY FACTS:
- The term “Black Friday” goes back to the 19th century, as it was associated with the US financial crisis of 1869.
- The term “Black Friday” was then coined in the 1960s to mark the kick off 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. Retailers traditionally operated at a financial loss from January through November, and “Black Friday” indicates the point at which retailers begin to turn a profit, or “in the black”.
- 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.
- The day’s name originated in Philadelphia, where it was used to describe the heavy and disruptive pedestrian and vehicle traffic which would occur on the day after Thanksgiving.
Now that you know meaning, get ready for the madness!
Golftini will be starting our Black Friday Sale a little early this year!
For those of you who don’t like to get up at 5:00 am after all that turkey, we are starting our sale THURSDAY NIGHT AT MIDNIGHT!
The sale details will be revealed on the home page of our Website: www.golftiniwear.com
The faster you check, the better you get!
We have had our alarm set for days! Below is a Golftini real time countdown to our midnight SALE:
THE OFFICIAL GOLFTINI SALE COUNTDOWN CLOCK!