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." In the 1960s, Philadelphia police officers used the phrase to describe the chaos that ensued the day after Thanksgiving, when crowds of shoppers from nearby suburbs and tourists swarmed the city ... 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 ... The retail bonanza known as Black Friday is now an integral part of many Thanksgiving celebrations, but this holiday tradition has darker roots than you might imagine. “Black Friday” is the name which the Philadelphia Police Department has given to the Friday following Thanksgiving Day. It is not a term of endearment to them. 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. 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. 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.” 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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