A brief history of Black Friday

A brief history of Black Friday

A brief history of Black Friday | Intelliretail.com

The modern use of “Black Friday” didn’t come from: sales records going from red ink (losses) to black ink (profits), a stock market scam in 1869 (that did happen, though), employees calling in sick the day after Thanksgiving to have a four-day weekend, the American slave trade. Thankfully, the truth is far more interesting.

The term “Black Friday” originates with Philadelphia traffic police in the mid-20th century – for the day following the Thanksgiving holiday every year when the traffic in downtown (Center City) Philadelphia became almost unmanageable . They called it “Black Friday,” because of the massive traffic jam that they dealt with all day due to shoppers, and then all night due to the Army-Navy football game.

Every ‘Black Friday,’ no traffic policeman was permitted to take the day off. The division was placed on 12 tours of duty, and even the police band was ordered to Center City. It was not unusual to see a trombone player directing traffic.”

Source: Black Friday: a brief history of madness and discounts


Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us




Related posts

iBeacons in retail stores blowing up app usage, ad engagement

iBeacons in retail stores blowing up app usage, ad engagement


iBeacons in retail stores blowing up app usage, ad engagement

One of the big debates regarding iBeacons, the tech that allows iOS apps to receive location-aware notifications over Bluetooth LE, is whether or not the experience will become intrusive for users. Imagine having your local grocery store’s app installed. Once the store has installed a few beacons, you could soon find yourself overcome with notifications as you walk around without ever even opening the app. You run the risk of users getting frustrated and potentially avoiding or deleting the app entirely. However, that hasn’t been the case when it comes to the iBeacons installed by inMarket in grocery stores across the country - app and ad engagement has skyrocketed since rolling out the platform. Source: iBeacons in retail stores blowing up app usage, ad engagement | 9to5Mac Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

American Consumers Aren’t Retail’s Top Priority Anymore

American Consumers Aren't Retail's Top Priority Anymore


American Consumers Aren't Retail's Top Priority Anymore

Chinese consumers have retailers' undivided attention. Companies like Procter & Gamble and Unilever have ambushed Chinese customers with tailored assortments like green tea-flavored toothpaste. Consumer brands like Victoria's Secret, Abercrombie & Fitch, and Old Navy are aggressively building stores in mainland China. Source: American Consumers Aren't Retail's Top Priority Anymore | Business Insider India Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

How Start-Ups are Changing the Future of Retailers

How Start-Ups are Changing the Future of Retailers


How Start-Ups are Changing the Future of Retailers

There is a wave a foot in the start-up community with companies developing products that will make it easier for consumers to find the best price for an item. Consumers will even be able to check out where the product is available locally for the best price – all from just standing in front of a retail shelf and looking up the item on their mobile device. This creates a huge problem for retailers. It’s as if every store on the planet is located in the palm of a consumer’s hand. Source: How Start-Ups are Changing the Future of Retailers Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Leave a comment