Why We Call It Black Friday, Facts and Myths
With Thanksgiving and Black Friday right around the corner, I decided to find out how exactly Black Friday got it’s name. The term “Black Friday” wasn’t used heavily until the mid 1960’s. Some say the the term originated because retailers finally moved out of the red and into the black. Most agree this is not true. According to Todayifindout.com the real origin of the term came from the Philadelphia police as well as bus and cab drivers who despised the day after Thanksgiving due to massive traffic problems caused by the number of people out shopping.
Fact: 135 million people go out shopping on Black Friday
Myth: The term Black Friday originated from a crash of the Stock Market.
Myth: Black Friday is the biggest shopping day of the year.
Fact: The biggest shopping day of the year is usually the Saturday before Christmas
Myth: Cyber Monday is the biggest online shopping day of the year.
Fact: The busiest shopping days online are between December 5th and 15th.