Podcast
Questions and Answers
Black Friday is the day when businesses make nearly 50 per cent of what they earn in a year.
Black Friday is the day when businesses make nearly 50 per cent of what they earn in a year.
False
Some shopping centers open as early as 12:01 on Friday morning.
Some shopping centers open as early as 12:01 on Friday morning.
True
Target always opens its doors on Friday at 6 a.m.
Target always opens its doors on Friday at 6 a.m.
False
Not all products have big reductions in their prices during Black Friday sales.
Not all products have big reductions in their prices during Black Friday sales.
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Reverend William Graham supports changing the name of Black Friday to Remember Jesus Friday.
Reverend William Graham supports changing the name of Black Friday to Remember Jesus Friday.
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Study Notes
Black Friday Shopping
- Black Friday is considered America's biggest shopping day, with shopping centers opening early on Friday after being closed on Thanksgiving Thursday.
- Some shopping centers open as early as 12:01 a.m. or 4 a.m. on Friday, while others may open later, like Target at 6 a.m.
- From Black Friday to Christmas Eve, businesses make approximately 25% of their annual earnings during this period.
- This season is crucial for many businesses, as it helps them break even and become profitable (or "in the black").
Shoppers' Behavior
- Some shoppers camp out in tents in front of stores a day or two before Black Friday to be the first in line for discounted products.
- These shoppers often bring games, watch TV, and order food while waiting in line, and may even meet new people.
- The main motivation for these shoppers is to save money, with discounts ranging from 10% to 50% off, saving up to $400 per item.
Criticism of Black Friday
- Reverend William Graham proposes changing the name of Black Friday to "Remember Jesus Friday" to emphasize the true spirit of the holiday season.
- Not all Americans enjoy shopping, and some critics argue that the focus on materialism and consumerism overshadows the holiday's original meaning.
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Description
Explore the traditional practices and timings of shopping centers on Black Friday in America. Learn about the significance of this day for businesses and the economy.
