Many historians believe that the name Black Friday originated in Philadelphia, Pennsylvania. During the 1850s, Philadelphia was the industrial capital of the United States. The textile industry was an important industry in Philadelphia and as the city’s industrial growth continued, so did the proliferation of textile mills. The mills typically required a great deal of capital to operate and some mills would operate at a loss for a few years while they were getting established. Many businesses were reluctant to invest in these ventures. But, in 1835, one investor took a chance on a mill on Friday, Nov. 24th. He purchased shares at a discount and when the mill began to make a profit, he sold his shares at a profit. The story of this lucky Friday spread and people soon began to refer to that day as Black Friday.
The term “Black Friday” originated in Philadelphia, Pennsylvania. It’s the day after Thanksgiving, which is a holiday celebrated in the United States. The day is considered to be the busiest shopping day of the year.
Originally the term Black Friday was coined in Philadelphia, Pennsylvania to describe the surge of shoppers in the city on the day after Thanksgiving. Philadelphia is known for its high volume of shoppers and shoppers are eager to take advantage of the sales and deals on the day after Thanksgiving. The name Black Friday was chosen because of the darkness that settles in the early morning hours on this day.
Black Friday is an American tradition that has origins in Philadelphia. This tradition was created by Philadelphia merchants in the early 1900s to increase business on the day after Thanksgiving.
It is said that these merchants had a difficult time competing with other stores that were open on Sundays. On the day after Thanksgiving, the merchants would stay open late and offer special deals to entice shoppers.
For over 100 years, the city of Philadelphia has been associated with the term Black Friday. In the 1800s, when workers would take the day off to avoid paying for Christmas gifts, it was referred to as “Stress Friday.” Later, when workers would take the day off to buy Christmas gifts, it was called “Buying Friday.” Finally, in the 1960s, the term Black Friday was coined by Philadelphia Police Officer Joe O’Brien, who had noticed that on the day after Thanksgiving, shoppers would line up in droves to get a head start on their holiday shopping. Philadelphia has been home to the country’s largest outdoor Christmas market since 1876, and the area is known for its small-town charm and picturesque setting.