Black Friday History
Black Friday is one of the busiest shopping days in the United States. It is marked by massive crowds and discounted prices that mean the beginning of the Christmas shopping season.
Black Friday events in the United States date back to 1932. There are two ideas as to the origin of the name Black Friday, the first one is thought to have originated in Philadelphia, where it was used to describe the burden of traffic that left black track marks on roads. The second claims that Black Friday may also have stemmed from business accounting in the 1930s. During this time, businesses noted losses using red ink and their profits in black ink. Therefore, Black Friday may have been used to imply that businesses became profitable on this day as they go from being in the red to the black. Black Friday is the fourth Friday of November or the day after Thanksgiving Day in the US.
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Black Friday References and Related SitesIBM: Black Friday Report Mall of America: Facts www.forbes.com: Forbes 2020 Black Friday Consumer Report