Black Friday makes way for Cyber Monday

POSTED: 11/25/12 8:31 PM

St. Maarten – Black Friday drew hundreds into Philipsburg yesterday to enjoy deals on items, some of which they may not have needed. Electronic stores attracted the most customers and shoppers could be seen standing in long lines, braving the sweltering heat or mobs of people inside some stores, to purchase cheap items.

It is a phenomenon that has caught on in St. Maarten but has its roots inUnited States. The day after Thanksgiving is usually the day when corporate citizens give back to the community by slashing prices on items storewide.  It is precedes the holiday shopping madness that will come in December.

According to the American Philatelist, volume 69, number 4, “The day’s name originated in Philadelphia, where it originally was used to describe the heavy and disruptive pedestrian and vehicle traffic which would occur on the day after Thanksgiving. Use of the term started before 1961 and began to see broader use outside Philadelphia around 1975. Later an alternative explanation began to be offered: that Black Friday indicates the point at which retailers begin to turn a profit, or are in the black and the busiest shopping day after Thanksgiving.”

Even with all of the price reductions that were advertised yesterday, we believe that retailers secured a nice profit for themselves. Black Friday now makes way for Cyber Monday, another crazy shopping day, for consumers who didn’t have the dime or time to spend yesterday.

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