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Black Friday history

black friday history

Black Friday history

Known today as a big discount day after thanksgiving, many stories can be related to Black Friday.

History starts to paint a dark spot in that tradition where it refers to the big financial crash in the thirties. Banks and stores went bankrupt due to the devaluation of money and the crash of the US gold market.

In the fifties it was related to retailers of Philadelphia. The sales after thanksgiving. The discounts and the chaos it created! The best day of the year since companies used to record losses in red and profits in black!

Today, the one-day sales bonanza morphed into a four-day event with more “retail holidays” : Small Business Saturday or Sunday and Cyber Monday.

A feast for all. For retailers, shops and customers.

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Black Friday history
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