How Black Friday Crossed The Atlantic Ocean

November 28, 2014 in Daily Bulletin

It’s always been somewhat unfortunate that Black Friday, the biggest, more materialistic, sales period of the year, is preceded by Thanksgiving, a holiday where people appreciate the things that they have. Luckily Brits don’t have to grapple with that contradiction. The Economist wrote:

  • This Black Friday Brits are expected to spend £6,000 ($9,500) an hour.
  • Amazon is responsible for bringing Black Friday to Britain. In 2010 the UK version of the website began offering Black Friday details.
  • In 2013 a supermarket chain owned by Walmart also started offering Black Friday deals, and the holiday had come to life in the UK.
  • Not all stores have accepted the idea; many are waiting to see if customers will be willing to pay normal prices after seeing the discounts on offer on Black Friday.

Read about the history of Black Friday in Britain, what experts have to say, and more over here.

Source: The Economist