Why Is The Shopping Day After Thanksgiving Called 'Black Friday? - Deepstash
Why Is The Shopping Day After Thanksgiving Called 'Black Friday?

Why Is The Shopping Day After Thanksgiving Called 'Black Friday?

Curated from: historyextra.com

Ideas, facts & insights covering these topics:

2 ideas

·

416 reads

1

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

The Intense Crowding After Thanksgiving

The Intense Crowding After Thanksgiving

In 1960's, the Philadelphia Police Department became so frustrated with the overflowing streets, traffic jams and regular fights caused by the crowds of people that visited the stores the day after Thanksgiving that, it’s believed, they coined the name ‘Black Friday’ in the hope of dissuading people from heading to the shops.

It completely failed, but the name stuck.

22

238 reads

Reimagining The Black Friday Frenzy

Retailers weren’t that happy with the name "Black Friday" at first: it was associated with the Great Depression of the 1930s, signaled by Black Thursday, so they tried to reinvent the image of the Black Friday frenzy.

The ‘black’, it was argued, referred to the ledgers used by retailers. For the majority of the year, shops would be ‘in the red’ (losing money) but Black Friday indicated the moment when most retailers would start making a profit, or going ‘in the black’.

22

178 reads

IDEAS CURATED BY

alexis_tt

"Making money is art and working is art and good business is the best art." ~ Andy Warhol

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates