Since Walmart announced its stores closed on Thanksgiving now people are worried that this year’s Black Friday might be canceled.
Over the last decade, Black Friday has gained more popularity as people get to buy well-known brand products at great deals and reduced prices. It gained such a high reputation that some of the stores open early for the customers and even started to close Walmart’s stores during Thanksgiving. Let’s find out more…
Walmart’s Black Friday Decision
Wal-Mart revealed that it would close all its stores across the United States during Thanksgiving, which ends its tradition of offering Black Friday deals on that day. The Sam Club of Walmart stores and chain stores are closed for today Thanksgiving. Walmart President and CEO John Furner issued a statement on its website:
“We know this is a difficult year, and our employees have stepped up their efforts. We hope they spend a special Thanksgiving at home with their loved ones. Of course, we have to thank our people for all their efforts.”
On reading the statement, Everybody gets worried that maybe it might get canceled this year, but hello peeps, we have excellent news for y’all that Black Friday 2020 is not withdrawn. There is no news report or company statement that they have canceled Black Friday deals this year. But by chance, if the rest of the stores walk-in in closing their doors on Thanksgiving, too, people should be able to get some good Black Friday deals online. While we talk about online sales, why don’t you take a look at Turkish Airlines Reservations and decide whether you want just to shop online or to visit some of the destinations to shop and hop?
Now that we are relieved that Black Friday is not canceled, let’s read more about it.
Why is Black Friday called Black Friday?
Many people think that the day after Thanksgiving is called “Black Friday” because many stores start to make a profit on a massive shopping day and “fall into a loss.” The true origin of the term is a bit dark.
The Term Black Friday!
“Black Friday,” this term was first used on 24th September 1869. The two investors, Jim Fisk and Jay Gould, raised the gold price and caused a sharp drop that day. The stock market fell by 20%, and foreign trade ceased. Farmers’ wheat and corn harvests have fallen by 50%.
Philadelphia police used this term during the 1950s to refer to the day after Thanksgiving and before the Army-Navy game. A large number of tourists and shoppers visited the city that Friday and the police had to work for long hours to cover up the crowds and traffic. The area’s merchants tried to change its name from Black Friday to “Big Friday,” but this alternative name was never popular. By the late 1980s, “Black Friday” spread nationwide, and a more positive “red to black” background story emerged.
Black Friday 2020
Friday is usually the most awaited day of the week. Most people are working a week when they close their studies and look forward to having fun on Friday nights and weekends. However, for a Friday every year, this day means something else entirely. Black Friday 2020 will happen again. Black Friday has become one of the most massive shopping days in the United States and other countries. Retailers lowered the prices of products such as smartphones, tablets, personal computers, and other electronic products. This year Black Friday is on the 27th of November 2020; yes, you heard it right, it’s Tomorrow. However, because of the coronavirus outbreak, some large chain stores will be closed on Thanksgiving Day in the United States in 2020, the first time in several years. According to “USA Today” reports, Wal-Mart, Target, Cole, and Best Buy will close physical stores on Thanksgiving in 2020. But you worry not since you can still get to visit the US destinations by making American Airlines Reservations and enjoy these amazing deals and discounts on their stores.
Read More: More Information : 5 Best tips for smart Shopping on Black Friday