CULTURE

Black Friday: A Day of Spending AND Saving

Black Friday: A Day of Spending and Saving

BY

After the month of September, holidays and important annual celebrations seem to be every other day with no sign of slowing down until after the New Year has been rung in. While I love a good celebration as much as the next person, the seemingly-constant stream of events that take place following Labour Day makes the last four months of the year a little overwhelming (and expensive). For example, with October comes Thanksgiving (in Canada) and Halloween, followed by November which brings with it the Thanksgiving celebrations (in the United States) and Black Friday (I’ll get back to this later), and who could forget about the December festivities such as Christmas, Hanukkah, Kwanzaa, Bodhi Day (or whatever else you celebrate!), with New Years’ celebrations to wrap it all up. Regardless, as your designated Holiday-Helper when it comes to holidays in Canada, it is my duty to keep you posted about the holidays and important events that are coming up so you can plan and celebrate accordingly. With this in mind, let’s take a look at the day that embodies consumer-culture; Black Friday!

Black Friday Sale

So… It’s NOT Like Every Other Friday?

Black Friday takes place on the Friday directly following Thanksgiving in the United States, although Canada and many other parts of the world take part in the festivities as well. This year, Black Friday is on November 26th, and I hope you’ve been saving your pennies because if you’re unfamiliar with Black Friday, then you’re in for a treat. Black Friday marks the start of the holiday shopping season and seems to officially start the craze surrounding Christmas.

Crowd in Mall

What Even IS Black Friday?

Thanksgiving gives us the opportunity to sit back and reflect on what we’re thankful for, while Black Friday flips this mentality upside down and plunges society into the mindset of money, shopping, and finding the best deals possible. Companies and businesses offer exceptionally low deals around the time of Black Friday and consumers everywhere take advantage of this to the FULLEST, going so far as to wait outside of stores overnight so they’re the first ones to utilize the deals when the store opens. This day has gained so much traction in North America that Black Friday is no longer restricted to one Friday, but has expanded to the point where the week prior to and the week after Black Friday usually participate in the Black Friday sales, as well. Overall, in 2020 alone, Canadians spent a total of about 29.5 Billion on Black Friday Sales.

Canadian and US Dollars in paper money

Black Friday Origins

Initially, Black Friday was the term police gave to the day after Thanksgiving when vehicular and pedestrian traffic levels were abnormally high. With so many people being out and about after Thanksgiving day, sales were naturally a little higher. Thus, the definition of Black Friday became slightly skewed as businesses began to see the high volumes of people as a business opportunity to make more sales, so what was once the busiest traffic day of the year became the busiest day for both traffic and shopping. This has simply escalated over the years into the money-spending frenzy we have today known as Black Friday.

50% off sign in black and yellow

Happy Spending!

While not necessarily a traditional holiday, Black Friday is a huge deal all over the world in terms of the money spent. Furthermore, when you take into account the impact that online shopping has had on the world of retail, ESPECIALLY in the last two years (thanks, COVID), spending money can be done at your fingertips from the safety of your own home, so I hope you all find some good deals when Black Friday rolls around. Stay safe, and happy spending!

Sources: Black Friday in Canada Statistics 2020

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