Origin of Black Friday: All you need to know
In the chaotic era of Thanksgiving, amidst the fervor of feasts and family gatherings, there emerges a phenomenon that sends shoppers into a frenzy: Black Friday.
This extraordinary day of sales has become an annual tradition in many countries, where hordes of eager consumers indulge in unparalleled deals. But have you ever wondered how this shopping extravaganza originated?
Let’s delve into the fascinating tale behind the creation of Black Friday.
Originating in the United States, Black Friday has multiple potential roots. One widely accepted theory dates back to the early 20th century when retailers struggled to boost profits during the holiday season.
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Traditionally, retailers recorded losses (or red ink) throughout the year until the day after Thanksgiving when sales would finally push them into profitability (or the black).
Another explanation suggests that the term “Black Friday” derived from the police jargon used in Philadelphia during the 1960s. It referred to the overwhelming traffic and chaos that ensued on the day after Thanksgiving when hordes of shoppers flooded the city in search of holiday bargains.
Yet another theory traces the term back to the time of slavery when slave owners could sell slaves at discounted prices on the day after Thanksgiving. This grim historical association, if true, serves as a reminder of the darker aspects of our past.
Regardless of its exact origin, Black Friday gradually gained momentum across the United States, with retailers recognizing its potential to jumpstart the holiday shopping season. As the phenomenon spread, so too did the incredible deals and discounts offered to entice customers.
People began camping outside stores overnight, eagerly awaiting their chance to snatch up coveted items at jaw-dropping prices.
Over time, the popularity of Black Friday transcended borders, reaching countries beyond the United States. Today, it has become a global phenomenon, extending discounts and frenzied shopping sprees to eager consumers worldwide.
From its uncertain origins to its explosive international popularity, Black Friday has undeniably cemented its place in modern consumer culture. The significance behind the name and its historical connotations serve as contrasting reminders of the complex layers associated with this annual shopping frenzy.
As you approach the next Black Friday, take a moment to reflect on its roots and the remarkable transformation from a simple post-Thanksgiving tradition to a global shopping spectacle, where eager shoppers indulge in unparalleled savings.