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The true origin of the post-Thanksgiving Black Friday lies in the sense of black meaning “marked by disaster or misfortune.” In the 1950s, factory managers first started referring to the Friday after Thanksgiving as Black Friday because so many of their workers decided to falsely call in sick, thus extending the holiday weekend. “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” officially opens the Christmas shopping season in center city, and it usually brings massive traffic jams and over-crowded sidewalks as the downtown stores are ... The first recorded use of the term “Black Friday” was applied not to post-Thanksgiving holiday shopping but to financial crisis: specifically, the crash of the U.S. gold market on September 24 ... 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. 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 . The day after Thanksgiving, which falls on Nov. 23 this year, is marked by one of the most significant retail events of the year: Black Friday. Last year, in 2023, retailers and brands, including ... Why is it called 'Black Friday,' and when did it start? In the 1950s, Philadelphia police used the term "Black Friday" to describe a day of chaos that ensued on the day after Thanksgiving, when ... The Black Friday name comes from a late 1860s stock market crash, and now carries on to the annual shopping event the day after Thanksgiving. 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.
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