Lifestyle

Myths and Facts About ‘Black Friday’

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Black Friday – just the mention of it will either make you giddy with excitement or make you cringe with the thought of terrible traffic, busy stores, and past years gone wrong. Regardless of your thoughts about this upcoming shopping extravaganza, take a look at a few myths and facts that might change your view of what Black Friday is all about.

Myth: Black Friday is named after the 1929 stock market crash.

great-depressionPhoto: Wikipedia

The stock market crash happened on a Tuesday in 1929 and is known as Black Tuesday. Though there was a stock market scare in 1869 known as Black Friday, it remains completely separate and unrelated to what we know of Black Friday the day after Thanksgiving.

Fact: 151 million people shopped Black Friday deals in 2015.

According to CNBC.com, 151 million shoppers took advantage of Black Friday’s notorious sale deals, though many did so online. Many are staying in on Black Friday to shop on their computers instead, staying away from the rush, 2 a.m. camp-outs, and crazy shoppers.

Myth: Black Friday is the busiest shopping day of the year. 

shoppersPhoto: Flickr/Diariocritico de Venezuela

While it is true that Black Friday brings a massive amount of revenue to retailers, the busiest shopping day of the year is the Saturday before Christmas, also known as Super Saturday, according to BloombergGadfly.

Fact: Shopping on Black Friday can be dangerous.

Shoppers are eager to be the first to get to those doorbuster deals and it seems that all bets are off if someone cuts in line or when the store unlocks the doors. Believe it or not, there is a website called blackfridaydeathcount.com that keeps tabs on the number of deaths and injuries that occur as a result of Black Friday shopping. They have reported 7 deaths and 98 injuries between 2006 and 2014.

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