Black Friday 2020 is Coming

In the autumn and winter season,Black Friday sale plays an important role not only in terms of e-commerce turnover but also the activity of shoppers.With the beginning of November,small and middle-sized businesses,as well as bigger players on the market,begin Black Friday preparations.They announce huge sales to take place at the end of November, in both online and brick-and-mortar stores.

For millions of people Black Friday is the time to do some serious Christmas shopping -- even before the last of the Thanksgiving leftovers are gone! Black Friday is the Friday after Thanksgiving,and it's one of the major shopping days of the year in the United States,falling anywhere between November 23 and 29.In 2020, Black Friday falls on Nov. 27. While it's not recognized as an official U.S. holiday,many employees have the day off, except those working in retail.

In which U.S. city did the term Black Friday originate?

The term "Black Friday" originated in Philadelphia.In the 1960's,police in Philadelphia griped about the congested streets,clogged with motorists and pedestrians, calling it “Black Friday.”In a non-retail sense, it also describes a financial crisis of 1869:a stock market catastrophe set off by gold spectators who tried and failed to corner the gold market,causing the market to collapse and stocks to plummet.