A huge sale is coming your way this November with MINISO Australia’s Black Friday 2021 SALE. Lots of great deals on a range of MINISO Australia products are up for grabs. Get up to 80% discount on your favourite items and save more.
Why is it called Black Friday anyway?
The first thing that comes to mind when we talk about Black Friday is the highly-anticipated sale from retailers, but there’s a reason why this major event is called, yep, you guessed it, ‘Black Friday’.
The moniker originated from two Wall Street financiers Jay Gould and Jim Fisk in 1869. At that time, they bought a large amount of gold, hoping the price would surge in the gold market. Unfortunately, the market, unexpectedly, slumped dramatically, leaving these two Wall Street giants in a cesspool of bankruptcy.
This unfortunate event happened on September 24, 1869, a Friday, making this annual sale event a ‘Black Friday’.
The phrase became more popular in the 1950s when it’s re-emergence was tied to post-Thanksgiving shopping day. After Thanksgiving, shoppers and tourists in Philadelphia flocked into the city and riveted to the TV screen to watch the Army-Navy football game.
The gathering, however, attracted a mixture of violent crowds and shoplifters. There were even traffic jams, making the police department resign to the fact that it was, indeed, a ‘Black Friday’.
On a more positive note, Black Friday also refers to a company’s revenue once it moves out from red to black, the color of profit.
Fast forward to the present, Black Friday is now associated with big sales, incredible discounts and shopping.
Mark Your Calendars!
Don’t miss out on snagging your favourite items at MINISO Australia. Great discounts and price drops await you, from toys to cosmetics, we have a lot of nice things to offer in the season of giving. So save the date, November 25 to 28 and get your shopping carts ready!
Shop at MINISO Australia! In-store or online.
Don’t forget to share your best buys on MINISO Australia’s Instagram. Tag us @minisoau.