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In the 1950s, Philadelphia police used the term "Black Friday" to describe a day of chaos that ensued on the day after Thanksgiving, when mass crowds of suburban shoppers flooded the city before ... Many people believe we call the day after Thanksgiving "Black Friday" because stores would go from operating at a loss or being "in the red," to earning a profit or being "in the black." Since then, the phrase has stuck and Black Friday has grown into a major shopping holiday. Other major sale days, like Cyber Monday and Small Business Saturday, have cropped up along the way. Black Friday is a shopping holiday in the United States that occurs on the day after Thanksgiving. It is characterized by widespread discounts and sales offered by a wide range of retailers, many of whom operate for extended hours and offer limited-time deals to attract customers. Black Friday is a name used for two unrelated occasions. It is now most popularly used in the US to refer to the day after Thanksgiving, which is often considered the first day of the holiday shopping season and is known for featuring discounts from retailers. Black Friday's name dates back to the 1950s, the History Channel reports. It was used by Philadelphia police to describe the chaos that often took place in the city the day after Thanksgiving. Today Black Friday remains an important day for the retail industry, especially as a marketing tool, even in some foreign countries where Thanksgiving isn’t celebrated. But the ever-growing scale of online shopping, which is more consistent throughout the year, has diminished Black Friday’s former role as the industry’s make-or-break ... It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. Why is it called Black Friday? Everything to know about when it became a thing the day after Thanksgiving, including its origins and best deals.

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