This is the season of black Friday, so many people wanted to know what its history is, how it started, and how it got this name and black Friday deals. Online shopping has become a trend and also a time-saving activity, that’s why a lot of people are inclined toward online shopping and Black Friday is the best time for retailers and shoppers. So, be with us till the end to have all the details. Let’s directly dive into it!
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An Overview of Black Friday:
We have collected nearly 20 years of holiday sales data from the NRF, and the calculations said that the average annual increase is 3.5%. Before the 2008 financial crisis, the average annual increase was 4.8%. Black Friday is a term that is used for 2 different irrelevant occasions. It is famous in the U.S, as it comes just after Thanksgiving Day, which is the first day of the holiday shopping season. And this time is known as the best-featuring discounts from online shopping stores and retailers.
Black Friday is always the Friday just after Thanksgiving, which stands on the fourth Thursday in November. In 2021, Black Friday was on November 26. And now, most people want to know that when is the black Friday in 2022? The black Friday in on 25 November in 2022.
The Origin of Black Friday:
When a day is referred to as “black,” usually means that something bad has happened on that day. Black Friday has also some sad history or connection. Black Friday term was used in early 1869, but at that time it does not relate to Christmas shopping. At that time, it was considered the day of plummeting gold prices, which caused a market crash, due to which the US economy was badly affected for years. And the very first mention of black Friday is known to be used in the 1950s or ’60s in Philadelphia.
- “The Philadelphia Police Department used the term to describe the traffic jams and intense crowding of the downtown retail stores,” said David Zyla, an Emmy-winning stylist and author of “How to Win at Shopping.” It was noted that it was first used in the form of print ads in 1966 at The American Philatelist, a magazine for stamp collectors. An excerpt of this ad comes in a thread on The Linguist List, an online forum handled by the Indiana University Department of Linguistics.
- There is other evidence that suggests that the term black Friday was initiated among the police in Philadelphia. The late Joseph P. Barrett, a police reporter and feature writer for the Philadelphia Bulletin, has written about black Friday in his article “This Friday Was Black with Traffic” in 1994.
- In 1959, the old Evening Bulletin assigned me to police administration, working out of City Hall. Nathan Kleger was the police reporter who covered Center City for the Bulletin. In the early 1960s, Kleger and I put together a front-page story for Thanksgiving and we appropriated the police term “Black Friday” to describe the terrible traffic conditions.
- However, the local police were not the only ones who hated this day, many others also. “The ratio of sales personnel to customers added to the pandemonium, as the frequent custom at the time was for sales associates to call in sick on this day to extend their Thanksgiving holiday weekend,” Zyla said.
- Indeed, in another clip from a piece titled “Tips to Good Human Relations for Factory Executives,” which was published in 19501, in which it is said that: “Friday-after-Thanksgiving-itis” is a disease second only to the bubonic plague in its effects. At least that’s the feeling of those who must get production out when “Black Friday” comes along. The shop may be half empty, but every absentee was sick ― and can prove it.
However, it is not clear whether black Friday was a usual expression in early 1951 or not as the author does not mention everything. But the only thing is that, in the past black Friday was not liked by people. But today black Friday means the shopping days which is admired by people. But why black Friday is bad? It is bad because there is immense use of plastic and cardboard packaging which is not human friendly.
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Historical Black Friday Spending Data:
| YEAR | SPENT PER SHOPPER | TOTAL SPENT | PERCENT INCREASE |
| 2002 | N/A | $416.40 billion | 2.1% |
| 2003 | N/A | $437.60 billion | 5.1% |
| 2004 | N/A | $467.20 billion | 6.8% |
| 2005 | $734.69 | $496.00 billion | 6.2% |
| 2006 | $750.70 | $512.10 billion | 3.2% |
| 2007 | $755.13 | $526.00 billion | 2.7% |
| 2008 | $694.19 | $501.50 billion | -4.7% |
| 2009 | $681.83 | $502.67 billion | 0.2% |
| 2010 | $718.98 | $528.77 billion | 5.2% |
| 2011 | $740.57 | $553.26 billion | 4.6% |
| 2012 | $752.24 | $567.65 billion | 2.6% |
| 2013 | $767.24 | $583.52 billion | 2.8% |
| 2014 | $802.45 | $611.52 billion | 4.8% |
| 2015 | $805.65 | $628.17 billion | 2.7% |
| 2016 | $935.58 | $646.72 billion | 3.0% |
| 2017 | $967.13 | $679.24 billion | 5.0% |
| 2018 | $1,007.24 | $691.48 billion | 1.8% |
| 2019 | $1,047.83 | $718.64 billion | 3.9% |
| 2020 | $997.79 | $777.35 billion | 8.2% |
| 2021 | N/A | $886.7 billion | 14.1% |
Bottom Line:
It was a brief discussion on Black Friday and its origin. Black Friday is the shopping season when retailers earn 20% more than the whole year. So, that’s why a lot of retailers and online shopping owners plan and make strategies to boost their sales and earn more money. Many retailers start offers and discounts in early November to get more sales and attract more clients. And these offers and discounts are not only for online shopping but also in the physical stores, the owners open their outlets till late in the night so that they can get more profit.
Every retailer is in the race to get more dollars from shoppers. And the shoppers are also ready to spend their money. So, go and enjoy your Black Friday sales. Did you like this content, if yes share your experience in the comment box below.
