Why is it referred to as Black Friday? The Exciting History and Facts of Black Friday

Chances are you have heard at least heard the term “Black Friday”. It’s the day after Thanksgiving, on which stores have huge sales for the upcoming holidays. You may even have gotten up in the wee hours of the morning to go to the stores and get your share of these super special sales. You have many for company in that case. Find out more about the best of Black Friday and even Cyber Monday by visiting this site devoted to both.

Every year the stores are jam packed with mobs of shoppers who are looking to save some money by purchasing items at the lowest possible prices. The reasons behind tradition of the Black Friday could be discovered by reading on the history of the biggest day of the year for the retailers.

Strangely enough, there’s two ways this shopping holiday was named. At the very beginning of the tradition, people we so eager for deals that they swarmed the shopping centers. This concluded in traffic accidents and many unfortunate evenets involing crowds of people. In 1966 the Philadelphia Police Department used the term “Black Friday” to describe this phenomenon.

The other meaning of the term came later and gets its origins from an accounting term to mean profit for the retailers. Classified as being “in the red” relates to a loss, however being “in the black” relates to profits. As these sales became more and more popular, retailers started counting on huge profits every year on the day after Thanksgiving.

Since the first Macy’s Thanksgiving Day Parade in 1924, Black Friday serves as a mark to begin the Holiday shopping season.

People just referred to it as “After Thanksgiving Sales” prior to this. It was the busiest day of the year as it is now. President Roosevelt proponed the dates of Thanksgiving by a week during the great depression is for the reason, that the merchants would have more days to shop on which they could have a good sale of their goods.

Many large retailers open up very early at midnight during the Thanksgiving and the Black Friday as to get the most out of its sales due to its extended hours.
black friday
black friday