Black Friday (shopping) corner the gold market. When President Grant learned of this manipulation, he ordered the Treasury to release a large supply of gold, which halted the run and caused prices to drop by eighteen percent. Fortunes were made and lost in a single day, and the president's own brother-in-law, Abel Corbin, was ruined. The earliest known use of "Black Friday" to refer to the day after Thanksgiving occurs in the journal, "Factory Management and Maintenance", for November 1951, and again in 1952. Here it referred to the practice of workers calling in sick on the day after Thanksgiving, in order to
Black Friday (shopping) of their week in order to avoid the workers and students to make a "larger" weekend (for example, not attending in a Friday after a Thursday holiday, thus making a 4-day weekend). On this weekend, major retailers extend their store hours and offer special promotions, including extended credit terms and price promotions. The concept was imported in Romania by and Flanco in 2011 and became bigger each year. The two reported the biggest Black Friday sales in 2014. eMAG sold products worth some 37 million euros while Flanco's sales totaled 22 million euros. Hundreds of retailers announced their participation in