{"id":5994,"date":"2017-11-23T15:41:41","date_gmt":"2017-11-23T15:41:41","guid":{"rendered":"http:\/\/www.mrlender.com\/blog\/?p=5994"},"modified":"2020-05-22T10:49:25","modified_gmt":"2020-05-22T10:49:25","slug":"black-friday-deals","status":"publish","type":"post","link":"https:\/\/www.mrlender.com\/blog\/black-friday-deals\/","title":{"rendered":"Black Friday: What Is It and How Can You Make the Most of It?"},"content":{"rendered":"

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\nNovember is almost over, Christmas is\u00a0just over four weeks away and ‘I’m a Celebrity’ is back on our TV screens, which means just one thing – Black Friday has come around again. Whether you’re new to the annual shopping frenzy or you’re a veteran at it, Black Friday is a day of deals and discounts for everyone. Short term loan provider, Mr Lender<\/a><\/strong>, has put together a guide to help you learn a bit more about Black Friday and just how to make the most of all the deals and discounts on offer.<\/p>\n

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What is Black Friday?<\/h2>\n

Black Friday is the first Friday following Thanksgiving, where businesses offer limited time deals and discounts<\/a><\/strong> to their customers. Typically an American tradition, this national event has now made its way across the pond – despite the UK not traditionally taking part in Thanksgiving. Black Friday has often been compared to the Boxing Day sales in the UK as consumers hit the shops to make the most of the deals on offer.<\/p>\n

It’s hard to determine just when Black Friday came to be, but it’s often said that it was around 1924 when Macy’s held their first Thanksgiving Day Parade that Black Friday began. Other retailers soon saw the benefits of offering holiday discounts to their customers and so joined in with the trend. There are also a number of theories as to the origin of Black Friday<\/a><\/strong>, but the most popular belief is that the Philadelphia police department coined the term as it was often seen as an ominous day to venture out. Traffic and congestion on the roads became chaotic with the abundance of shoppers hitting the stores, meaning the police department were often busier than usual on this particular day.<\/p>\n

When did the UK start celebrating Black Friday?<\/h2>\n

While Black Friday has been around in the US for almost 100 years, it’s only been in the UK for around seven. In 2010, Amazon introduced Black Friday deals to the UK\u00a0which\u00a0proved a highly popular concept with many consumers taking advantage of the offers. Other retailers quickly joined in and began offering their own Black Friday deals, both online and in store.<\/p>\n

It wasn’t until three years late in 2013 though when Black Friday shopping spirit really kicked off. Asda ran a Black Friday promotion where they offered “earth-shattering deals” with “unbeatable prices”. In true American Black Friday style, shoppers flocked to the supermarket stores and waited eagerly outside the locked doors. Stampedes reportedly ensued in some stores, with scuffles kicking off<\/a><\/strong> in others in a bid to grab cut price televisions. Asda responded to the reaction to their Black Friday promotion by saying “our customers were eager to take advantage of the great offers available to them.” They told The Telegraph<\/a><\/strong> that they sold 16,000 tablet devices in just one hour.<\/p>\n