Despite its rather ominous name, BLACK FRIDAY is, here in 2020, really quite a happy affair, especially if you are a retailer or a shopper. Mired in the vacillations of history, theories abound on the real origin of “Black Friday”. The most authoritative account is not such a happy one. Revolving around an effort in 1869 to inflate the price of gold so tow financial weasels could make a killing. They did, as the rest of the market crashed. 24 September was a “black” day, indeed. Flash to the 1950-60s. In Philadelphia, the Saturday of the Army-Nave football game brought thousands into the city. Smelling retailing opportunity, store owners welcomed the throngs with bargains galore. Bedlam ensued. Traffic snarled and so did shoppers as they rushed to grab their prizes at discount prices.
For the retailers, as one theory has it, it was a day when a long period of operating “in the red” became a chance to bring account ledgers “into the black”.
By the 1980s the phenomenon had settled into a more civilized (sometimes) routine. The day after Thanksgiving Thursday became a day of shopping nirvana. Some stores even opened on Thursday itself, but that was a bit unfair, not as much fun as the Friday frolic, and frowned upon by the aficionados of the special day.
In Singapore, the idea has caught on in a big way. Eager, in these Covid-19 days, to entice shoppers either in person or, more likely, online, merchants are relaying a myriad of products to have their prices significantly lowered. All kind of products, to be sure, but if you think this might be a great time to stock up on premium beauty you would be right, smart shopper. There will plenty to choose from, but, to help narrow down the choices. Here’s a quick peek at some of the best products.