This year, Black Friday, one of the times of year when stores offer significant discounts, is on November 24 – the last Friday of the month. He Black Friday It’s one of the best days of the year to buy discount items. It is celebrated the day after Thanksgiving and it is a date that most people take advantage of to do their Christmas shopping at lower prices.

This tradition stems from USAwhich celebrates Thanksgiving every year on the fourth Thursday of November, although it has spread throughout the world.

Eight tips for successful shopping on Black Friday

How this date was born and why it eventually became the day of the biggest discounts in that country and other countries, many do not know, partly because Its origins are undefined, although several possible starting points are known.

According to National GeographicThe first time the term Black Friday was used was on September 24, 1869. It is said that on this day two Wall Street stockbrokers, Jay Gould and Jim Fisk, along with Boss Tweed, a New York politician, risked his fortune by trying to invest in the gold market. However, the gold price plummeted and investors went bankrupt. That day would become known as ‘Black Friday’.

Why is it called Black Friday?

It is also believed that sales were so low that Friday that many stores started making strong sales so that it would not be a ‘black day’. Another possible origin of the expression is that the stores’ red accounts could turn black (normal) that day due to the amount of sales.

Black Friday 2023 is already in Ecuador, discounts are being brought forward due to concerns about blackouts

The date gained its current reputation and importance in the 2000s, when it began to spread to other countries.

This shopping phenomenon also caused some stores to create and implement “Gray Thursday,” or opening at midnight on Friday, and Cyber ​​Monday, which is online-only sales and takes place on the Monday after Black Friday.

On this occasion, the Black Friday will take place on November 24th, the last Friday of this month of November. In the case of Ecuador: certain companies They extend the offers throughout the weekend or even the entire week, as this American event has been adapted to the Ecuadorian context over the years. (JO)