Exploring Black Friday History

What year is widely considered the beginning of Black Friday as a shopping phenomenon?

• 2005

• 2010

• 1995

• 2000

Which city is credited with inventing the term 'Black Friday'?

• Philadelphia

• New York

• Chicago

• Los Angeles

What does the term 'Black Friday' originally refer to in terms of retail profits?

• The day when retailers close their stores for inventory.

• The day retailers start making a profit for the year.

• A holiday for consumers to return unwanted gifts.

• The day retailers start losing money for the year.

In what decade did Black Friday start to gain national attention in the United States?

• 2000s

• 1970s

• 1990s

• 1980s

What is the significance of the day after Thanksgiving in relation to Black Friday?

• Black Friday is significant as it represents the start of the holiday shopping season with major sales and discounts.

• Black Friday is a day for family gatherings and feasts.

• It marks the end of the holiday shopping season.

• It is a day dedicated to online shopping only.

How did the COVID-19 pandemic affect Black Friday shopping trends?

• The pandemic led to a decrease in online shopping for Black Friday.

• Black Friday sales were canceled entirely during the pandemic.

• In-store shopping became more popular than ever on Black Friday.

• The pandemic increased online shopping and extended sales periods for Black Friday.

What is the common practice retailers use to attract customers on Black Friday?

• Offering significant discounts and promotions.

• Providing free samples of products

• Hosting a fashion show

• Offering loyalty points for future purchases

Which major retail event often competes with Black Friday for consumer attention?

• Valentine's Day Sales

• Easter Clearance Events

• Small Business Saturday

• Cyber Monday

What is the impact of online shopping on traditional Black Friday sales?

• Online shopping has made Black Friday sales more popular than ever.

• Traditional Black Friday sales have remained unchanged due to online shopping.

• Online shopping has increased in-store traffic on Black Friday.

• Online shopping has reduced traditional Black Friday sales by increasing e-commerce preference and decreasing in-store traffic.

How have consumer behaviors changed regarding Black Friday over the years?

• Consumers only buy luxury items during Black Friday sales.

• Consumers now prefer to shop exclusively in physical stores on Black Friday.

• Consumer behaviors have shifted from in-store shopping on a single day to online shopping, earlier sales, and year-round deal-seeking.

• Black Friday sales have become less popular and are rarely advertised.