Black Friday


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Black Friday

1. Any day of major financial chaos or disaster; refers specifically to September 24, 1869, when stock speculators attempting to corner US gold trade caused the entire market to crash. The extremely fast growth in Wall Street has some economists worried that another Black Friday might be ahead if such growth continues unchecked.
2. The day after Thanksgiving in the US, on which extravagant sales create a frenzy of consumer activity in stores across the country. I hate working in retail on Black Friday—everyone acts like a crazy person!
See also: black, Friday

Black Friday

1. Also Black Monday, Black Tuesday, etc. A day of economic catastrophe, as in We feared there'd be another Black Friday. This usage dates from September 24, 1869, a Friday when stock manipulators Jay Gould and James Fisk tried to corner the gold market and caused its collapse. The adjective black has been appended to similar occasions ever since, including October 29, 1929, the Tuesday of the market collapse that marked the start of the Great Depression, and Black Monday of October 19, 1987, when the stock market experienced its greatest fall since the Great Depression.
2. Any day marked by great confusion or activity, as in It was just my luck to be traveling on Black Tuesday. This usage, too, is based on the events of 1869, marked by economic chaos. It has since been extended to other kinds of confusion, such as an accident hampering traffic during the evening rush hour.
See also: black, Friday
References in periodicals archive ?
The same development is expected for Black Friday so if one wishes to have a microphone or a webcam, this year should present a good opportunity to purchase.
This year, 75 percent more packages were delivered to oversized lockers in the week after Black Friday than the previous week.
"Whilst online shopping was more prevalent than in other months, the vast majority of spending still remained in store and that's what Black Friday impacts adversely.
Analyst Springboard has also said footfall and spending activity over this year's Black Friday period is likely to be affected by economic pressures such as high debt levels and significant living costs, compounded by the event taking place a week earlier this year - before many consumers are paid for the month.
Metquarter Until Monday, November 26, Links of London is celebrating Black Friday with between 10% to 20% off 18ct jewellery in store and two items are now half price, sterling silver sweetie earrings are now PS35, and the sterling silver 20/20 bracelet is now PS60.
'The purpose of celebrating Black Friday was facilitating and giving relief to common man to get their desired products on discounted prices.
Emirateshas launched its Black Friday sale early with discounts on flights from Manchester Airport, the nearest airport it serves from Liverpool.
Another tradition gaining traction in the United States is Cyber Monday -- the Monday after Black Friday where all the discounts are offered online.
Although the nomenclature 'Black Friday' has no religious connotation but some business people in Pakistan and Muslim World have re-coined it as 'Blessed Friday' probably keeping in view the reverence of the day 'Friday' for Muslims.
The policy means customers get the best possible price during the huge shopping event, the retailer writes online: "Our price promise in action means that even during our Black Friday event we'll be checking and responding to competitors' promotions and prices, so it's worth taking a look online from time to time to see what's new in our Black Friday offers.
"Based on several years of overall retail traffic data, we know that opening on Thanksgiving Day was merely pulling shopping visits from Black Friday, as opposed to creating an additional opportunity for shoppers to hit the stores."
The controversy surrounding Black Friday is receiving a barrage of criticism on social media platforms as well.
Spending Over Black Friday Weekend Levels Off at 10-Year High Point
Martin Allan The Black Friday discounts in America make ours look very mediocre, that's why interest may be waning.