The term Black Friday is now a commonly used term for kicking off the Christmas shopping frenzy, but although savvy shoppers will wait until the end of November where deals are of abundance, what does the term Black Friday actually mean?
For retailers, it was all based around having the whole year in the red (in accounting terms) then after thanksgiving, everyone went mad for the sales, which meant retailers were back in black! A story I know only too well having spent the last 30 year in menswear retail.
The term Black Friday actually dates back as early as 1869, the crash of the U.S gold market, but in modern days we are now in a 4 day shopping holiday, with Black Friday, Small Business Saturday/Sunday and Cyber Monday, soon it will span a whole month!
An estimated £1.23bn was spent in the UK for online sales in 2016, which was 12.2% up from the year previous.
At Discount Brands UK every day is Black Friday! We love to be able to give the best price possible for luxury brands in designer wear such as Hugo Boss and Oliver Sweeney and those affordable luxuries in cosmetics such as bareMinerals and SBC Cosmetics so come over and grab yourself a bargain! And look out for the one off flash sales too!
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