No, it's the day after Thanksgiving which marks the unofficial start of the Christmas season. I hadn't even heard of it until a couple of years ago now every shop or business is having a Black Friday sale
I haven't lived in Newcastle since 1986 but I'll always be a Geordie. My sister and I were on the Quayside in August, we loved the town beach. When we were kids no-one would have thought the Quayside would become a cultural centre.