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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 took on a new meaning in the 1980s as the day that stores sold so much merchandise that their annual revenue went from being “in the red” (loss) to “in the black” (profit).
When someone says "Black Friday," you may think of holiday shopping chaos. But how did the day get its name? Here's the true story.
The day following Thanksgiving —commonly referred to as Black Friday —has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving specials on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online.
Black Friday is the Friday after Thanksgiving in the United States. It traditionally marks the start of the Christmas shopping season in the United States. Many stores offer highly promoted sales at discounted prices and often open early, sometimes as early as midnight [2] or even on Thanksgiving.
Why is it called Black Friday? The term "Black Friday" was first coined in 1869 when two investors, Jay Gould, and Jim Fisk, caused a market crash by driving up the price of gold.
What it does have is American greed, chaos and speculation, beginning with the first incarnation of Black Friday on Sep. 24, 1869.
The term 'Black Friday' did not originate with the practice of selling off slaves on the day after Thanksgiving.
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.
Black Friday is the term commonly used to refer to the Friday after Thanksgiving, when retailers have traditionally kicked off the holiday shopping season with deep discounts.