Who came up with Black Friday? This question has intrigued many as the day has become synonymous with massive discounts and shopping sprees. The origins of Black Friday are shrouded in mystery and various theories, but one thing is clear: it has become a significant part of the American retail landscape and a global phenomenon. Let’s delve into the history and myths surrounding the birth of this shopping bonanza.
The term “Black Friday” was first used in the 1960s to describe the heavy traffic and chaos in Philadelphia on the day after Thanksgiving. However, the actual origin of the name has several explanations. One theory suggests that the term was coined by a department store owner to indicate the day when the store’s profits would “turn black” after the heavy losses incurred during the holiday season. This explanation implies that the day was initially negative and not associated with the joy of shopping.
Another theory attributes the term to the Philadelphia Police Department. They were overwhelmed with the massive crowds of shoppers and the subsequent traffic jams, leading them to coin the term “Black Friday” to describe the day’s chaos. However, this theory is not widely accepted as there is no concrete evidence to support it.
The most widely accepted theory is that the term “Black Friday” was first used by the media to describe the shopping frenzy in the 1980s. Journalists observed the massive crowds and the frenzy of shopping that occurred on the day after Thanksgiving and began using the term to describe the phenomenon. The term gradually gained popularity and became synonymous with the day’s shopping bonanza.
Over the years, Black Friday has evolved into a global event, with retailers and consumers in countries around the world participating in the shopping spree. While the term “Black Friday” remains most commonly associated with the United States, it has spread to other countries, including the United Kingdom, Canada, and Australia.
The origins of Black Friday are a blend of various theories and myths. While it is challenging to pinpoint the exact individual or group responsible for coining the term, it is clear that the day has become an integral part of the holiday shopping season. As the days leading up to Black Friday become increasingly intense, retailers and consumers alike eagerly anticipate the opportunity to snag great deals and kick off the holiday shopping season in style.