Holiday Hoopla!
Column Published in syndication November 27, 2024It's that time again - let the holiday shopping begin in earnest! The National Retail Federation (NRF) projects that a record number of people (183.4 million) will be shopping during Thanksgiving weekend. Traditionally among the busiest shopping days of the year, "Black Friday" is often thought to be the day when retail outlets become profitable (or "go into the black") for the year. In reality, the term was first used in the 1860s to describe a gold market collapse engineered by some of the so-called "robber barons" and became associated with Thanksgiving in the 1960s in order to describe the chaos that often occurred in Philadelphia on the day between the holiday and the Army-Navy football game.
- Tags:
- consumers,
- Black Friday,
- holidays