Asked by dfj
In a clear, concise paragraph, summarize the history behind Black Friday and Cyber Monday. How did these two” retail holidays” come to exist? Cite your evidence.
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Black Friday and Cyber Monday emerged for different but related reasons: Black Friday — the name long used for disasters and financial crashes — came to describe the chaotic, heavily shopped day after Thanksgiving in mid-20th-century Philadelphia, where police used it (by the 1960s) to complain about traffic jams and crowds; retailers later reframed it as the day stores went "into the black" (profitable) for the year, and the term and its retail meaning spread nationwide over the following decades (Britannica; History.com). Cyber Monday was coined much more recently by online-retail marketers (Shop.org/NRF) in 2005 to label the Monday after Thanksgiving when consumers returned to work with faster internet connections and retailers saw a repeat spike in e-commerce sales; the catchy name helped formalize and promote that online shopping surge into a recurring retail event (Shop.org/BusinessWire; History.com).
Sources:
- Britannica, "Black Friday (retail tradition)": https://www.britannica.com/topic/Black-Friday-retail
- History.com, "Black Friday": https://www.history.com/topics/black-friday
- BusinessWire / Shop.org press release on Cyber Monday (2005): https://www.businesswire.com/news/home/20051128005847/en/Shop.org-Coined-Cyber-Monday
- History.com, "Cyber Monday": https://www.history.com/news/what-is-cyber-monday
Sources:
- Britannica, "Black Friday (retail tradition)": https://www.britannica.com/topic/Black-Friday-retail
- History.com, "Black Friday": https://www.history.com/topics/black-friday
- BusinessWire / Shop.org press release on Cyber Monday (2005): https://www.businesswire.com/news/home/20051128005847/en/Shop.org-Coined-Cyber-Monday
- History.com, "Cyber Monday": https://www.history.com/news/what-is-cyber-monday
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