It is a term used to describe the biggest shopping day of the year in the United States.
So why is it called “Black Friday?” Find out here–>
Why is it called “Black Friday?”
The name “Black Friday” comes from simple accounting terminology. “Red” is often used to describe when a company has gone into deficit. “Black” is used to describe when a company has made a profit. Since this is the biggest shopping day of the year, many companies finally “get into the black” or start to make a profit for the year on this day.
Why is this the biggest shopping day of the year?
It starts with Thanksgiving Day; the American holiday in which we celebrate and show our appreciation for good harvests and anything else you are grateful for. Since most regular working people have a day off on Thanksgiving day (which is a national holiday always on the fourth Thursday of November), they often stay at home with their families and enjoy a nice traditional turkey dinner. All of the stores and shopping malls are closed.
Most companies and organizations give their employees the day after Thanksgiving (always Friday) off as well, therefore creating a 4-day weekend. Since that Friday is NOT a national holiday, everyone who is not working has some extra free time. All of the stores and malls know this and hold BIG sales to attract people to shop. “Black Friday” has gotten so popular (or should I say crazy!) that some stores open early in the morning, like 5 or 6am!
The other reason why this day is so popular to shop is that Christmas is coming soon! This is the biggest holiday of the year and many people exchange gifts. Therefore, many people want to start their “Christmas shopping” early to prepare for Christmas Day.
So, you might hear about “Black Friday” on the news in the next few days. If you do, now you know what it’s all about!
#1. Is there a day similar to “Black Friday” in your country?
#2. What are the Christmas traditions like in your country?
Please let me know in the Comments section below!
Vocabulary for Study:
- to be familiar with
- 4-day weekend
- to attract
- Christmas shopping