Friday, 24 November 2023
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Black Friday 2023: Little Known Facts About The Annual Sales Day https://ift.tt/cKoTlFg Black Friday marks the start of the Christmas shopping season in the United States and several stores offer significant discounts and promotions on this day. It is considered one of the busiest shopping days of the year in the country. Every year, Black Friday falls a day after the festival of Thanksgiving, the traditional US holiday where people express gratitude over a delicious meal with traditional delicacies like roast turkey apart from other dishes. This year, Black Friday is being observed today. The term "Black Friday" originally referred to the day when retailers would shift from being in the red (operating at a loss) to being in the black (making a profit). However, over time, the day evolved into a major shopping event characterized by large crowds, long store hours, and extensive promotions both in physical stores and online. But the annual retail event is still arguably shrouded in little mystery. So, here are a few little-known facts about the day: Origin of Black Friday According to Fox News, the first time the term "Black Friday" was used on a national level came in September 1869. But, it wasn't in reference to holiday shopping. Citing Encylopedia Britannica, the outlet reported that the term was used to describe American Wall Street financiers Jay Gould and Jim Fisk, who bought up a significant portion of the nation's gold to drive up the price. The pair weren't able to re-sell the gold at the inflated profit margins they planned for and their business venture was unveiled on September 24, 1869. "The scheme ultimately came to light on that Friday in September, throwing the stock market into rapid decline and bankrupting everybody from Wall Street millionaires to poor citizens," said Lyle David Solomon, a bankruptcy attorney at Oak View Law Group. Another tale refers to a time back in the early 1960s when Philadelphia police officers used the phrase "Black Friday" to describe the chaos that ensued from suburban visitors coming to the city for holiday shopping. The huge crowds that swarmed the city created headaches for the Philadelphia police who were compelled to work longer shifts to deal with traffic accidents and shoplifting. Within a few years, the phrase "Black Friday" was being used in the local community despite retailers trying to positively twist the name by referring to it as "Big Friday". It wasn't until the late 1980s, that merchants started to spread the red-to-black story for Black Friday, according to Britannica. Black Friday in other countries The United States is not the only country that celebrates Black Friday. Citing a digital analytics and SEO marketing firm, Fox News reported that more than 10 countries observe the annual holiday shopping event. The countries that observe Black Friday include Canada, the UK, South Africa, Ireland, Germany, Italy, Sweden, Belgium, Luxembourg, the Netherlands, Brazil, Mexico, Australia and New Zealand. Black Friday sale For more than 60 years, Black Friday has been one of the busiest days for retail stores and holiday shoppers. But in recent times, the event has gotten larger with early or extended Black Friday sales. Retail stores have followed up Black Friday sales with Cyber Monday and Cyber Week events where shoppers can make holiday purchases exclusively online. https://ift.tt/rV0awAs November 24, 2023 at 09:34AM NDTV News-Offbeat https://www.ndtv.com
Black Friday marks the start of the Christmas shopping season in the United States and several stores offer significant discounts and promotions on this day. It is considered one of the busiest shopping days of the year in the country. Every year, Black Friday falls a day after the festival of Thanksgiving, the traditional US holiday where people express gratitude over a delicious meal with traditional delicacies like roast turkey apart from other dishes. This year, Black Friday is being observed today.
The term "Black Friday" originally referred to the day when retailers would shift from being in the red (operating at a loss) to being in the black (making a profit). However, over time, the day evolved into a major shopping event characterized by large crowds, long store hours, and extensive promotions both in physical stores and online.
But the annual retail event is still arguably shrouded in little mystery. So, here are a few little-known facts about the day:
Origin of Black Friday
According to Fox News, the first time the term "Black Friday" was used on a national level came in September 1869. But, it wasn't in reference to holiday shopping. Citing Encylopedia Britannica, the outlet reported that the term was used to describe American Wall Street financiers Jay Gould and Jim Fisk, who bought up a significant portion of the nation's gold to drive up the price.
The pair weren't able to re-sell the gold at the inflated profit margins they planned for and their business venture was unveiled on September 24, 1869. "The scheme ultimately came to light on that Friday in September, throwing the stock market into rapid decline and bankrupting everybody from Wall Street millionaires to poor citizens," said Lyle David Solomon, a bankruptcy attorney at Oak View Law Group.
Another tale refers to a time back in the early 1960s when Philadelphia police officers used the phrase "Black Friday" to describe the chaos that ensued from suburban visitors coming to the city for holiday shopping. The huge crowds that swarmed the city created headaches for the Philadelphia police who were compelled to work longer shifts to deal with traffic accidents and shoplifting. Within a few years, the phrase "Black Friday" was being used in the local community despite retailers trying to positively twist the name by referring to it as "Big Friday". It wasn't until the late 1980s, that merchants started to spread the red-to-black story for Black Friday, according to Britannica.
Black Friday in other countries
The United States is not the only country that celebrates Black Friday. Citing a digital analytics and SEO marketing firm, Fox News reported that more than 10 countries observe the annual holiday shopping event. The countries that observe Black Friday include Canada, the UK, South Africa, Ireland, Germany, Italy, Sweden, Belgium, Luxembourg, the Netherlands, Brazil, Mexico, Australia and New Zealand.
Black Friday sale
For more than 60 years, Black Friday has been one of the busiest days for retail stores and holiday shoppers. But in recent times, the event has gotten larger with early or extended Black Friday sales. Retail stores have followed up Black Friday sales with Cyber Monday and Cyber Week events where shoppers can make holiday purchases exclusively online.
https://ift.tt/rV0awAs November 24, 2023 at 09:34AM NDTV News-Offbeat https://www.ndtv.comTara Sutaria Stuns In Sultry Black Dress At Rumoured Beau Kartik Aaryan's Birthday Bash
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Video: Men Set Up Makeshift Restaurant, Serve Food In Mumbai Local Train https://ift.tt/7f9QrRE Mumbai local train is rightfully called the heart of the city. Hundreds of people by the trains daily to reach their offices and even as tourists. Although snacks are available on most platforms, sometimes passengers can crave hot and delicious food during long journeys. With the same idea in mind, two men set up a makeshift restaurant on the trains. This innovation gathered a lot of reactions online. Through their Instagram handle, Aryan Kataria and Sarthak Sachdeva offered snippets of their experiences with Mumbai locals. They discuss the painstaking preparation that went into it, including making and sending out invitations. The video shows a message with contact information, the date, time, and place of the "grand opening" of "Tasty Ticket," which is offering free meals to all customers. The duo dressed up like restaurant servers on the first day. In a local train compartment, they set up a small folding table and covered it with white cloth. They then served two passengers jalebi with oregano and Maggi with ketchup. They brought out dessert and asked jokingly whether they could operate a five-star restaurant in order to get them to talk more. The customers responded favourably and it brought a smile to everyone's faces. They got a few more customers and some people also captured their unique experience. View this post on Instagram A post shared by Aryan Kataria (@katariaaryann) "Where shall we opening our next restaurant," reads the caption of the video. Since being shared, the video has amassed a million views and 97,000 likes. "Do this on a Monday at 8 at Dadar station," said a user. "Peak hrs me karke dikhao," added another user. "Absolutely love the content both of you make," said a person. Another added, "Legend duo is back." "I wanted to make a reservation, the five star cuisine i just witnessed seems too tempting," said a person. https://ift.tt/zyaSHg2 November 19, 2023 at 11:12PM NDTV News-Offbeat https://www.ndtv.com
Mumbai local train is rightfully called the heart of the city. Hundreds of people by the trains daily to reach their offices and even as tourists. Although snacks are available on most platforms, sometimes passengers can crave hot and delicious food during long journeys. With the same idea in mind, two men set up a makeshift restaurant on the trains. This innovation gathered a lot of reactions online.
Through their Instagram handle, Aryan Kataria and Sarthak Sachdeva offered snippets of their experiences with Mumbai locals. They discuss the painstaking preparation that went into it, including making and sending out invitations. The video shows a message with contact information, the date, time, and place of the "grand opening" of "Tasty Ticket," which is offering free meals to all customers.
The duo dressed up like restaurant servers on the first day. In a local train compartment, they set up a small folding table and covered it with white cloth. They then served two passengers jalebi with oregano and Maggi with ketchup. They brought out dessert and asked jokingly whether they could operate a five-star restaurant in order to get them to talk more. The customers responded favourably and it brought a smile to everyone's faces. They got a few more customers and some people also captured their unique experience.
"Where shall we opening our next restaurant," reads the caption of the video. Since being shared, the video has amassed a million views and 97,000 likes.
"Do this on a Monday at 8 at Dadar station," said a user.
"Peak hrs me karke dikhao," added another user.
"Absolutely love the content both of you make," said a person.
Another added, "Legend duo is back."
"I wanted to make a reservation, the five star cuisine i just witnessed seems too tempting," said a person.
https://ift.tt/zyaSHg2 November 19, 2023 at 11:12PM NDTV News-Offbeat https://www.ndtv.com