We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode What is Black Friday!

What is Black Friday!

2024/10/18
logo of podcast Liquidation Hustle: Inside Retail's Best Kept Secrets

Liquidation Hustle: Inside Retail's Best Kept Secrets

Shownotes Transcript

Hey, let's get real for a second...

You're probably no stranger to the chaos that is Black Friday. The long lines, the crazy discounts, the frenzy to snag the best deals before they're gone. But have you ever stopped to think, where did all this madness come from? And more importantly, how can you actually come out on top in this shopping extravaganza?

**The Wild Origins of **Black Friday)

Imagine a day so chaotic, the police had to coin a term just to describe it. Welcome to the 1950s in Philadelphia, where "Black Friday" wasn't about shopping) at all, but about the mayhem that ensued the day after Thanksgiving, thanks to a little thing called the Army-Navy football game. Fast forward to today, and it's all about the deals... or is it?

How Black Friday Evolved into a Shopping Beast

Retailers caught on pretty quickly - if people were going to flood the streets anyway, why not tempt them with some irresistible discounts? By the 80s, Black Friday as we know it was born. Now, it's not just a day, but a whole weekend (and sometimes month) of shopping frenzy, bleeding seamlessly into Cyber Monday. #Blackfriday #blackfridaydeals

The "Black" in Black Friday: What's the Deal?

Ever wondered why it's called "Black" Friday)? Here's the cool part: it's all about the bottom line. See, in accounting, "red" means you're in the loss zone, while "black" signifies profit. Black Friday is that golden moment when many businesses flip from red to black. Pretty clever, huh?