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

Kendra Thomas from Warmland Women’s Support Services invites Cowichan residents to find out more about youth sex trafficking with an online event Nov. 16, 2020. (File photo)
Learn more about youth sex trafficking with ‘Love Bombing 101’

Nov. 22-28 is Victims and Survivors of Crime Week

Pnina Benyamini loved to be around people and people loved her. (Photo submitted)
Many facets to energetic Chemainus woman’s legacy

Benyamini taught yoga, belly dancing and more to an adoring public

Windy conditions in Nanaimo’s Lost Lake area. (News Bulletin file photo)
Wind warning issued for the east coast of Vancouver Island

Environment Canada says people ‘should be on the lookout’ for adverse weather conditions

Ladysmith Mayor Aaron Stone has been re-elected as chairman of the board at the CVRD. (File photo)
Aaron Stone re-elected as chairman of the Cowichan Valley Regional District

Blaise Salmon, director for Mill Bay/Malahat, elected as new vice-chairman

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, Nov. 23, 2020. (B.C. government)
B.C. daily COVID-19 cases hits record 941 on Tuesday

Further restrictions on indoor exercise take effect

(Pixabay.com)
Man, 28, warned by Kootenay police to stop asking people to marry him

A woman initially reported the incident to police before they discovered others had been popped the question

Winston Blackmore (left) and James Oler (right) were sentenced on separate charges of polygamy this week in Cranbrook Supreme Court.
No more charges expected in Bountiful investigation, special prosecutor says

Special prosecutor says mandate has ended following review of evidence from Bountiful investigations

(Ashley Wadhwani/Black Press Media)
Refuse to follow B.C.’s mask mandate? Face a $230 fine

Masks are now required to be worn by all British Columbians, 12 years and older

Parksville’s French Creek Harbour experienced a diesel spill on Nov. 23 after a barge and fishing vessel collided. (Mandy Moraes photo)
Coast Guard cleans up diesel spill in Parksville’s French Creek Harbour

Barge carrying fuel truck collides with fishing vessel

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

Stock photo
Senior from Gibsons caught viewing child porn sentenced to 10 months

74-year-old pleaded guilty after police seized 1,500-2,500 images

BC Teachers' Federation President Teri Mooring is asking parents of school-aged children to encourage the wearing of masks when possible in schools. (THE CANADIAN PRESS/Chad Hipolito)
LETTER: Teachers union encourages culture of mask wearing in B.C. schools

BCTF President Teri Mooring asks parents to talk with children about wearing masks in school

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
Canada’s inability to manufacture vaccines in-house will delay distribution: Trudeau

First doses of COVID-19 vaccine expected in first few months of 2021, prime minister says

Most Read