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Though Black Friday feels like something that’s emerged over the last couple of decades, the “Black Friday” name was first used in connection with the crash of the United States gold market in September 1869. It was only in the late 1980s Black Friday took on its role as the unofficial start of the holiday shopping season. “Black” refers to retail accounting practices where black ink represents profits. It’s suggested it took until late November for retail businesses to finally move out of the unprofitable red ink that leads to the clearance-type prices available on Black Friday.  

Today, the Black Friday shopping event has also spawned other retail events, including Small Business Saturday, Cyber Monday, and Giving Tuesday. No longer do Canadians…

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