It is November, (or it WAS November) meaning Autumn has come and it’s time to stock up on food, great sales, and trampling. Of course, I am talking about Thanksgiving and Black Friday/Cyber Monday. Thanksgiving is about having a feast to commemorate that the harvest season is over, and to give thanks for the hard work people have done for such grand feasts, but what is Black Friday/Cyber Monday and why is it associated with Thanksgiving? The answer to that, is quite simple: gold, laziness, and Christmas.
Thanks to our good old friend, Wikipedia, it says that the term of ‘Black Friday’ started to be significant in the Panic of 1869. Simply put: Jay Gould and James Fisk wanted to corner the market for gold, taking advantage of the Grant Administration in the process. President Grant found out of their intentions and decided to have the treasury to release a huge amount of gold. Fast forward to the 1950’s, its been said that the same term was used to describe the day that workers would call in sick the day after Thanksgiving for a four day break. This has been recorded in the journal, Factory Management and Maintenance but has not caught on as a trend during that time. Fast forward again to the 1980’s, when the term has been used to describe that lots of people would go shopping for Christmas, causing companies to not be in the red and making huge profits. Back then, red ink was used to show losses, whilst black ink showed profits, hence the term, ‘Black Friday’.
“What about Cyber Monday?” I hear you ask. Well, I’ll tell you so! the term ‘Cyber Monday’ was coined (found, made, whatever the easy term for ‘coined’ is) by Ellen Davis in 2005. The reasoning behind this was because of that the Monday following the weekend after Thanksgiving in 2004 as tremendous online shopping days of the year, and thus the ‘holiday’ was born.
That concludes it. That’s it. Done. Period. It is now December, meaning Christmas is coming up, but the semester ends by then, so this will be the last newsletter for now. Have fun, stay warm, get sick, cough, get well, and have a happy holiday! See you next year.