Posts Tagged ‘black friday history’
For the last couple of years one of the activities that have become sort of a tradition in my family after Thanksgiving Day is our participation in the Black Friday shopping day. As many of you know, Black Friday marks the beginning of the Christmas shopping season, and it is a great day for one to find great deals. Black Friday is considered to be the busiest shopping day of the entire year, and it is a day that can make or break sale goals for many retailers.
Now, as I was growing up, I remember my mom and dad shopping for Christmas presents for me and my siblings, but I can’t remember ever hearing them talk about Black Friday at all. As a matter of fact, I never really went shopping on Black Friday until about two or three years ago, which makes me wonder, how long ago did the first Black Friday officially took place?
According to reports, it is believed that Black Friday as we know it today, was first officially measured or observed as the busiest shopping day of the years back in 2005. It is believed that the name given to this record and pace setting shopping day originated in Philadelphia. Due to the large number of buyers coming out to take advantage of the great deals being offered by retailers, the streets and sidewalks of Philadelphia were inundated the day after Thanksgiving. Hence the term black Friday was used in order to describe the phenomenon.
Later, the term began to be used more widely in order parts of the country, and as it became the norm, it became associated with the profitability of retailers, or with the time when retailers got out of the red and into the black.