Black Friday – a day when millions of Americans stand outside the retail stores for shopping gifts at a very low discounted rates. On this shopping holiday, major retail stores offer special discounted best deals – the deals you can’t have in the whole year.

Black Friday is celebrated after Thanksgiving and the reason behind this event is the Santa Claus parades of the late 19th and early 20th centuries. The name was suggested in 1961 in Philadelphia and in 1975 it gained popularity even out side the city.

Because of discounted packages, Black Friday is the day when sales reaches to the top level of the year. On this shopping holiday, more than 200 millions of Americans participate in this event and purchase gifts and gadgets they can’t buy during the normal days. Unsurprisingly, the total sales amount reaches to $50 billion – in one day, amazing. Average expenditure by one person is $400.

I hope this post makes you learn about this amazing event. Let us know did you ever participate in blck Friday via your comments.