Friday, November 27, 2009

A Brief History of Black Friday:

If you ask most people why the day after Thanksgiving is called Black Friday, they’ll explain that the name stems from retailers using the day’s huge receipts as their opportunity to “get in the black” and become profitable for the year. The first recorded uses of the term “Black Friday” are a bit less rosy, though.

According to researchers, the name “Black Friday” dates back to Philadelphia in the mid-1960s. The Friday in question is nestled snugly between Thanksgiving and the traditional Army-Navy football game that’s played in Philadelphia on the following Saturday, so the City of Brotherly Love was always bustling with activity on that day. All of the people were great for retailers, but they were a huge pain for police officers, cab drivers, and anyone who had to negotiate the city’s streets. They started referring to the annual day of commercial bedlam as “Black Friday” to reflect how irritating it was.