DID YOU KNOW?
Did you know how “Black Friday” got its name? The term was coined by the Philadelphia Police Department in the late 1950s or early 1960 to describe the chaos after so many people went out to shop following the Thanksgiving, which caused traffic and accidents sometimes even violence in the downtown stores around the United States. Philadelphia stamp dealer Earl Apfelbaum has somehow made the term “Black Friday” popular after he used it in a column for his publication in January 1966, saying “Black Friday is the name that the Philadelphia Police Department gave to the Friday after Thanksgiving. It is not a term of endearment.” Although the term was common in Philadelphia in the 1970s, it did not become a national phenomenon until the late 1980s to early 1990s. Moreover, retailers did not like the term because it has a negative connotation associated with a black day of the week. For instance, the Black Monday when stock markets around the world crashed in 1987. Another is the Black Thursday in October 1929, which is the worst stock market crash in the US history as it kicked off the Great Depression. This was followed by the Black Tuesday in October 1929, where the stock market lost 11 percent despite the efforts of major investors.
However, the term “Black Friday” caught on even after department stores tried to change the name to “Big Friday” in the 1960s. They hired public relations firms but, eventually, the term “Black Friday” spread across the US and became a holiday shopping we all know today.