For millions of people Black Friday is the time to do some serious Christmas shopping –even before the last of the Thanksgiving leftovers are gone! Black Friday is the Friday after Thanksgiving, and it’s one of the major shopping days of the year in the U.S. While it’s not recognized as an official US holiday, many employees have the day off, except those working in retail.
The term “Black Friday” was coined in the 1960’s to mark the kickoff to the Christmas shopping season. “Black” refers to stores moving from the “red” to the “black.” (This was back when accounting records were kept by hand, and red ink indicated a loss, and black a profit.) Ever since the start of the modern Macy’s Thanksgiving Day Parade in 1924, the Friday after Thanksgiving has been known as the unofficial start to a bustling holiday shopping season.
Many online retailers have pre-Black Friday or special Thanksgiving sales, so you may not even have to wait until the big day to save. So, there you go – the Black Friday history behind the busiest shopping day of the year!