In this Nov. 22, 2018, file photo people wait in line to buy televisions as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day in Overland Park, Kan. Black Friday is Nov. 29, 2019. (AP Photo/Charlie Riedel, File)

In this Nov. 22, 2018, file photo people wait in line to buy televisions as they shop during an early Black Friday sale at a Best Buy store on Thanksgiving Day in Overland Park, Kan. Black Friday is Nov. 29, 2019. (AP Photo/Charlie Riedel, File)

Why is it called ‘Black Friday’ anyway?

The name origins of the infamous shopping day have a darker background

Shoppers get ready – it’s almost the busiest deal-finding day the year: Black Friday.

On Nov. 29, retailers of all stripes offer heavily-discounted sales, with some shops opening up early. While the day is infamous, the origins of its name are less clear.

Many people assume that “Black Friday” comes from retailers making such good sales on the day that they end up “in the black” (as opposed to “in the red”).

In actuality the history is mixed and wholly unpleasant.

The first time Black Friday was used in the press was on Sept. 24, 1869 after the crash of the American gold market. On that day, two Wall Street financiers, Jay Gould and Jim Fisk, worked together to buy as much as they could of the country’s gold in hopes of spiking up the price; consequently the prices crashed, leaving many people bankrupt.

ALSO READ: Victoria businesses band together to make Black Friday more sustainable

It wasn’t until the 1950s, however, that Black Friday came to be associated with the post-American-Thanksgiving period. Around that time in Philadelphia, large crowds of tourists and shoppers came to the city to watch the army-navy football game after Thanksgiving, which created chaos, traffic jams and shoplifting opportunities. Consequently, more police officers were put on shift for long hours and used the term “Black Friday” to describe the day.

Retail sales had also been popular at the time because department stores like Macy’s would print ads surrounding their Thanksgiving Day parade.

POLL: Do you plan on making any purchases on Black Friday

Supposedly, some retailers tried to add a positive spin to the time frame, trying to call it “Big Friday” instead, but the term never stuck. By the late 1960s Black Friday was published in local magazines and by the 1980s it was used nation-wide.

The trend began to spread internationally, thanks to big influences from online shopping, and is now recognized around the world.

vnc.editorial@blackpress.ca

Like us on Facebook and follow us on Twitter
and Instagram

Holidays

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A performance by Alex Cuba will be streaming live on Arts Revelstoke platforms on Feb. 12, 2021. (Photo by Jeff Fasano, submitted by Arts Revelstoke)
Arts Revelstoke hosting virtual performances and movies this season

REVY. Live and Movies in the Mountains is returning

A woman wearing a protective face mask to curb the spread of COVID-19 walks past a mural in Victoria, B.C., on Monday, Dec. 7, 2020. THE CANADIAN PRESS/Marissa Tiel
115 new COVID-19 cases, no new deaths in Interior Health

There are now a total of 4,970 cases in the region

Shrubbery peeking through snow in downtown Revelstoke on Jan. 14. (Liam Harrap/Revelstoke Review)
95% less snow in Revelstoke this winter compared to last year

However, there’s plenty of snow in the alpine

The City of Revelstoke is encouraging people to vote by mail in the upcoming byelection. An application for due on Jan. 27 is required. (Liam Harrap/Revelstoke Review)
City pushes residents to vote by mail in upcoming byelection

Deadline to apply is by the end of January

Brett Forsythe battles it out in a game of singles pickleball on ice at Okanagan Training Rink Thursday, Jan. 7 in support of the Vernon Food Bank. (Jennifer Smith - Morning Star)
Pickleball play hits the ice in Okanagan

Rivals battle it out in support of the food bank

Deb White, carnival chairwoman, rode in on style Saturday during the parade. (Caitlin Clow - Vernon Morning Star)
Pandemic postpones parade, heart of Vernon Winter Carnival

Interior Health says no to one of B.C.’s only winter parades

Jobs Minister Ravi Kahlon shared a handwritten note his son received on Jan. 13, 2021. (Ravi Kahlon/Twitter)
Proud dad moment: B.C. minister’s son, 10, receives handwritten note for act of kindness

North Delta MLA took to Twitter to share a letter his son received from a new kid at school

Phase 4 of the Kicking Horse Canyon Project is on track, despite COVID-19 and the recent provincial election. (Government of BC photo)
Kicking Horse Canyon Phase 4 closures announced

The first major closures are expected to occur starting on April 12 until May 14

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Black Press media file
Port McNeill driver tells police he thought the pandemic meant no breathalyzers

Suspect facing criminal charges after breathalyzer readings in excess of 3.5 times the legal limit

Megan Freedman’s music video for Perfect was shot at the Lindon House on Ethel Street. (Perfect - Megan Freedman)
Kelowna musician’s anti-bullying anthem receives international award

The music video was shot at Kelowna’s Lindon House

Forestry companies in B.C. agree to abide by the cedar protocols based on traditional laws of the First Nation members of the Nanwakolas Council. (Photo courtesy, Nanwakolas Council)
Landmark deal sees B.C. forest firms treat big cedars like a First Nation would

Western Forest Products, Interfor among companies to adapt declaration drafted by Nanwakolas Council

Lindsay Palmateer, a Salmon Arm mother of six, succumbed to her injuries after a serious crash Wednesday, Jan. 6, 2021, south of Enderby. (Contributed)
Salmon Arm mother of 6 remembered following fatal Highway 97A crash

GoFundMe campaign exceeds goal already for family involved in deadly crash near Enderby

Most Read