This week is rich for events. One is the Thanks giving day, which is an American holiday and the Black Friday sale, the new thing that penetrated in our Russian reality recently. Year by year it becomes more popular to make big Black Friday Sale in more and more stores. Besides, this year you can see Black Friday Sales in some restaurants and cafes. In addition, in some stores it is lasting during the whole week, not only on Friday.

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.

Why is it called Black Friday?

The term “Black Friday” (in the retail sense) was coined in the 1960s to mark the kickoff to the Christmas shopping season. “Black” refers to stores moving from the “red” to the “black,” back when accounting records were kept by hand, and red ink indicated a loss, and black a profit. Ever since the start of the modern Macy's Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to a bustling holiday shopping season.