Why is it Called Black Friday? The History and Origin of Black Friday You have probably heard of "Black Friday". It's the day after Thanksgiving, on which stores have huge sales for the upcoming holidays. You may be familiar with getting up incredibly early in order to get some great bargains at stores. 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.
Each year, the stores are packed with crowds looking to save some money and bring home gifts at the lowest prices possible. 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.
Interestingly enough, there are two ways that this shoppers holiday got it's name. At the very beginning of the tradition, people we so eager for deals that they swarmed the shopping centers. Sadly what happened because of this was a number of road accidents as well as fights between people crowded together. This phenomenon was termed as “Black Friday” by the Philadelphia Police Department way back in 1966.
The other meaning of the term came later on, originating from an accounting term which means profit for retailers. Where as being "in the red" indicates a loss, being "in the black" means profits. The day after Thanksgiving started to feel like a gold mine to retailers as more and more people came to these sales.
Black Friday has marked the beginning of the Holiday shopping season since the first Macy's Thanksgiving Day Parade in 1924,. Before it was known by what we call it now, it was simply "After Thanksgiving Sales". Today it is one of the single busiest shopping days of the year. In the midst of the Great Depression, President Roosevelt moved the date of Thanksgiving;
made it one week earlier in order to allow merchants more days in the shopping season to sell their goods.
Black Friday has become very popular these days, so many large retailers open up as early as at Midnight on Thanksgiving so that give most of the hours during the day for the shoppers.
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