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

The victim of the homicide on Cowichan Lake Road early Monday morning was 17 years old, and was stabbed in the incident. (File photo)
Duncan homicide victim was 17 years old

RCMP report that teenager was stabbed

Activists from the Fairy Creek Blockades hold the injunction application notice which was submitted by logging company Teal Jones to the B.C. Supreme Court. The application, which asks to have blockaders removed from the sites that stop access to cut blocks, is set to be heard on March 4. (Photo contributed/Joshua Wright)
Activists hunker down to protect Fairy Creek near Port Renfrew from logging

Forest company Teal Cedar applies for injunction to remove seven-month-old blockades

It’s been almost a year since the last public performance inside the Chemainus Theatre. (Photo by Don Bodger)
Lead donors pledge $60,000 in matching campaign at the Chemainus Theatre

Perrys, Hiltons and Duncan Iron Works help to Bridge the Gap during COVID shutdown

Doug Routley is the chair of a special committee on reforming the Police Act. (File photo)
Routley selected chair of a special committee on reforming the Police Act

Nanaimo-North Cowichan MLA acknowledges there will be a lot of material to process

Amanda Vance, executive director of the DDBIA, said the business organization will host a workshop for its members on how to deal with customers who refuse to wear masks. (File photo)
Workshop to help Duncan businesses deal with customers refusing to wear masks

DDBIA says businesses continue to deal with anti-maskers

Older rental apartments are prime candidates for renovations, and could result in lost affordable housing stock. (Zoë Ducklow photo)
B.C.’s renoviction overhaul a good start, but won’t preserve affordable stock, lawyer says

And still no protection for people who can’t pay rent due to COVID-19

(Photo by Marissa Baecker/Shoot the Breeze)
B.C. WHL teams to hit the ice with Kelowna, Kamloops hub cities

Kelowna, Kamloops centres chosen to host B.C. WHL teams for 24-game regular season

(File photo)
RCMP arrest man after report of gun-toting threat-maker near Parksville schools

43-year-old man taken into custody; students at nearby schools were asked to stay inside

The machines are akin to ATMs and allow drug users at risk of overdose to get hydromorphone pills dispensed to them after their palm has been scanned to identify its unique vein pattern. (CANADIAN PRESS)
Feds dole out $3.5M for ‘vending machines’ to dispense safer opioids in B.C.

The machines are located in four cities across Canada, including Vancouver and Victoria

Kelowna’s lakefront visitor centre is one of 130 around the province. Tourism businesses have been hardest hit by COVID-19 restrictions on travel. (Destination B.C.)
Tourism, small business getting COVID-19 help, B.C. minister says

$300M grant program has delivered $50 million so far

The incident happened in downtown Castlegar. Photo: Betsy Kline
Castlegar teen recounts stabbing after stranger breaks into grandmother’s house

The unnamed teen survived a terrifying attack Feb. 21

(Black Press file photo)
Agassiz boy, 11, dies from ‘extensive injuries’: Homicide team

Agassiz RCMP were called out Friday to assist with a child in medical distress

Most Read