Black Friday is the most celebrated holiday in the United States . The name comes from the Philadelphia Police Department .
New Delhi, India, November 25 : Black Friday is the perfect time to start your Christmas shopping while still keeping a close eye on your budget with the incredible discounts on sale.Black Friday is celebrated around the world after Thanksgiving.On the week before Thanksgiving, retailers, e-commerce sites, and major retailers flood our screens with ads.Black Friday is the most celebrated holiday in the United States.Many believe Black Friday deserved its reputation because shoppers in stores received substantial discounts and stopped losing money.People assumed that great bargains would yield large profits because gains are recorded in black and losses in red on accounting books.The name comes from the Philadelphia Police Department.According to reports, Black Friday has nothing to do with shopping.In the 1950s, Philadelphia's police departments first used the term Black Friday to describe the chaos that followed Thanksgiving. Oftentimes, the term was used to refer to long lines outside their shops and shopping craziness by large metropolitan companies.Business owners started a Big Friday celebration in 1961.It was also not a success.The term became widespread in America in 1985. People began trying out Black Friday deals right before the Christmas and New Year holidays.On the day of Thanksgiving, many retailers are giving away freebies to customers.On this Black Friday day, both shoppers and shopkeepers don't even need to wait until after midnight to make their purchases.