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Black Friday

​Hi Everyone, Today it is black Friday!!! Which means for most of you: TIME TO SHOP!!! But where does black Friday actually come from? That’s what will tell you in this blog and as well what to do on black Friday in Spain.

“Black Friday” is actually related to the financial crisis: specifically, the crash of the U.S. gold market on September 24, 1869. On this day, two speculators, Jay Gould and James Fisk, created a boom-and-bust in gold prices. A stock market crash followed, as all prices fell with 20 percent. Black Friday started much earlier than we all think, in the 19th century, President Lincoln designated the thanksgiving holiday as the last Thursday in November. But, because of much confusion of retailers, employers, who didn’t have time to celebrate or didn’t have enough income, finally in 1941 the Congress ended the confusion. It passed a law that made Thanksgiving the fourth Thursday in November, no matter what.

In the 1950’s, people were calling in sick to give themselves the day of after Thanksgiving, giving themselves a 4-day weekend. Most stores were open on this Friday after Thanksgiving, and they tried to be smart and tried to get a head start on their Christmas shopping, and so it all started….

But how big of a thing is “Black Friday” in Spain?

Well, as in most of the European countries, Black Friday gains more and more popularity from year to year. However, there are some differences between the OG and the Spanish Black Friday. While in the U.S. there are really crazy discounts to 70 or 80%, the big Spanish shops woo the customers with discounts up to 30%, which is apparently a huge difference. However, the good thing is that because of the rising hype of this unofficial holiday, besides the big and international brands also the small boutiques try to keep up and participate, so there you can also find discount up to 50%, if you just dig deeply enough!

So, is it worth it?

Yes! If you have the time, a brass neck and are already looking for some Christmas gifts, then, definitely, yes. But be careful, some shops try to fool you by rising the prices and put some discounts on those prices, so at the end it will be the regular price which you’re paying. So, make sure that you’re really paying less and probably google before you buy something.

Have fun shopping and here you can find a link with all bigger and/or international brands/ shops which are participating: