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Black Friday is a day of shopping deals, where companies offer price reductions and offers both in-store and online. Its origins are rooted in the United States, taking place the day after Thanksgiving, the first recorded reference to ‘Black Friday’ goes back to 1951, first appearing in an industrial journal. The articles highlighted the trend of workers calling in sick the day after Thanksgiving so they could enjoy a rare 4-day weekend.

This paved the way for a new shopping trend, as crowds would make use of the extended weekend to get a head start on their Christmas purchases.

The surge in sales would also cause a financial boom for the retail industry. This financial pivot point would turn their balance sheets from a loss – in red – to a profit – in black. Hence another possible reason for the name ‘Black Friday’.

Why is it called Cyber Monday?

Cyber Monday gets its name because it’s primarily an online shopping event. First used in 2005, Cyber Monday is the name for the first day of the week after the Black Friday weekend. Even though people are returning to work, they still want to shop. So, rather than go in-store, they search online for deals. Because it’s so easily accessible, Cyber Monday has become one of the biggest ecommerce shopping days of the year.