What Is Black Friday 〈SIMPLE〉

Despite its modern association with deals, the term "Black Friday" has a chaotic past:

: The first recorded use of the term referred to a 1869 U.S. gold market crash caused by speculators Jay Gould and James Fisk. what is black friday

: In the early 1950s, factory managers used the term to describe workers calling in sick the day after Thanksgiving to enjoy a four-day weekend. Despite its modern association with deals, the term

Retailers, unhappy with the negative "Black Friday" label, successfully rebranded it in the late 1980s. Despite its modern association with deals

: In the 1960s, Philadelphia police coined the term to describe the intense traffic congestion and pedestrian chaos caused by shoppers and fans attending the annual Army-Navy football game that weekend. The Modern Retail Rebrand