Black Friday is a colloquial term for the Friday following a federal holiday in the United States named Thanksgiving.
During this special occasion, stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving.
Black Friday has been adopted all over the world, Most online shops see this opportunity to give back to most of their customers.
Why do they call it Black Friday?
There are a lot of special names that could have been given to this day. A “goodies Friday”, “Fun Friday” or any nice name would’ve suited the occasion.
Well, It is believed by many that the term Black Friday is obtained from the idea that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving when massive sales finally allow them to turn a profit, or put them “in the black.
Is there Black Friday in Australia?
In the past, Black Friday was not very popular in Australia. But these days, it’s one of the biggest shopping events of the year.
Australians are expected to spend more than $5 billion during the four-day Black Friday and Cyber Monday sales period from November 26–29.