Black Friday is here!
Known as one of the biggest shopping days of the year, the day marks the official start of the holiday shopping season with massive discounts and special promotions. Whether you’re gearing up for online deals or preparing for in-store madness, it’s a day eagerly anticipated by shoppers across the globe.
But what’s the story behind the name “Black Friday”? Here’s everything you need to know about the day, its origins, and more.
Is Black Friday a Holiday?
Black Friday is not an official federal holiday in the United States, but some states, including California, observe “The Day After Thanksgiving” as a holiday for state government employees. In certain cases, it may be observed in place of another federal holiday, such as Columbus Day.
Why Is It Called Black Friday?
The term “Black Friday” wasn’t always associated with discounts and shopping sprees. In fact, the name originally had a negative connotation. It dates back to the 1960s in Philadelphia, where police officers used it to describe the chaotic scene that unfolded the day after Thanksgiving. Large crowds of shoppers, combined with heavy traffic, created a hectic atmosphere, and the police had to work extra shifts to manage the disorder.
However, by the 1980s, retailers rebranded the term, turning it into a positive association. They used “black” to refer to stores moving from the “red” (indicating losses) to the “black” (indicating profits) as they made huge sales on this day. This transformation in meaning helped turn Black Friday into the shopping phenomenon we know today.
What Other Shopping Days Are There?
Over the years, Black Friday has evolved from a single day of deals into a full-blown shopping event that spans entire weeks. Nowadays, Black Friday often begins online as early as the start of November, with retailers offering promotions well in advance.
Following Black Friday’s rise in popularity, Cyber Monday was coined by marketing experts in 2005 to promote online shopping on the Monday following Thanksgiving. The term was created by Ellen Davis and Scott Silverman of the National Retail Federation (NRF), who noticed a significant surge in online shopping on the first Monday after Thanksgiving.
Since then, Cyber Monday has grown into a global shopping event, with many retailers offering exclusive online deals that run not just on Monday, but often for the entire week, leading up to the holiday season. Cyber Monday is now one of the biggest e-commerce days of the year, with billions of dollars in sales happening online each year.
In addition to Cyber Monday, there’s Small Business Saturday—a day dedicated to supporting local businesses, which always falls on the Saturday after Thanksgiving. In 2024, Small Business Saturday will be on November 30. It was created by American Express to encourage shoppers to spend their holiday dollars at small, local businesses.