Friday is "Black Friday."

For many American consumers, it's the day after Thanksgiving when you can get great prices on items that may end up as Christmas gifts.

But why is it "Black" Friday?

There are several stories. But the most often cited one has to do with ink, paper, and accounting.

Many merchants are against using a negative term to refer to one of the most important shopping days of the year. By the early 1980s, an alternative theory began to gain traction: that retailers traditionally incur most financial losses from January to November and make their profits during the holiday season, beginning the day after Thanksgiving. Common accounting practices once used red ink to show negative amounts and black ink to show positive amounts. Black Friday, according to this theory, marks the beginning of a period when retailers will no longer incur losses (red in the report) and instead will make an annual profit (black). The earliest known use of the "black ink theory" appeared in the Philadelphia Inquirer on November 28, 1981.

The Christmas shopping season is of enormous importance for retailers: some retailers are so dependent on the Christmas shopping season that a quarter of them earn their entire annual profits and offset losses from other quarters.

Black Friday is also celebrated in Ukraine. However, Ukrainian retailers are cunning with discounts. They change price tags the day before. The old price is hidden under the new label - the same amount as the discounted one. Experienced shopping enthusiasts know about these tricks.

And in our online store you can buy the following products at a discount - SALE. And also a great New Year's gift for the whole family can be a TV set-top box Android TV Box!

Enjoy shopping with VenSys.ua!