The biggest shopping day of the year is a few weeks away, but the clock is ticking and the countdown to Black Friday 2017 has ultimately begun.
If you’re too new to the United States, here’s a quick explanation: Black Friday is the day after Thanksgiving, marking the unofficial start to the Christmas shopping season. But nowadays, it is better known as the day retail stores strive desperately to remind people there are still retail stores.
Well, it’s a basic intro to Black Friday that almost everyone knows. However, in this Black Friday 2017 primer, we’ll share some darkest secrets of this big day about which you don’t even have a flea in your ears. In case you’re all set, let’s get the ball rolling.
4 Interesting Things to Know About Black Friday 2017
Black Friday Used to Refer Stock Market Crashes in the 1800s
It’s now celebrated as the biggest shopping day in the U.S., but the term “Black Friday” formerly referred to very different events.
In the U.S., the term ‘Black Friday’ was used on 24 September 1869 for the first time, when two entrepreneurs, James Fisk and Jay Gould, tried to corner the gold market on the New York Stock Exchange.
When the government got involve correcting the deformation by flooding the market with gold, prices dropped and many shareholders lost substantial fortunes. That’s why Black Friday used to refer stock market crashes in the 1800s.
“Santa Claus Parades” Were Black Friday’s Predecessor
For several Americans, the Macy’s Thanksgiving Day Parade has become a part of the holiday ritual.
However, the event was essentially aroused from the US’s neighbors’ in the north. Eaton’s, a Canadian department store, held the first “Santa Claus parade” on 2 December 1905. Once Santa appeared at the end of the parade, it indicated the holiday season – and consequently, holiday shopping had begun. Evidently, consumers were encouraged to purchase their presents at Eaton’s.
Since then, retailers have been started in a race to catch up and now, there’re millions of shopping stores offering deals for Black Friday 2017.
The Date of Thanksgiving Was, Indirectly, Determined By Holiday Shoppers
The U.S. President Abraham Lincoln had declared a “day of thanks giving” on the last Thursday in November. The day could either fall on the fourth or fifth Thursday in the month.
However, in 1939, a funny thing turned out – the last Thursday fell on the last day in November. Vendors, concerned about the shortened holiday shopping season, requested then-President Franklin Delano Roosevelt to affirm the holiday a week prior – which he did.
For the next three years, Thanksgiving was known mockingly as “Franksgiving” and rejoiced on different days in different parts of the country.
Lastly, at the end of 1941, a united declaration from Congress clarified the matter. From then on, Thanksgiving would be celebrated on the fourth Thursday in November assuring an additional shopping week before Christmas.
Black Friday Was Once Called Big Friday
Philadelphia was the first city that popularized the term Black Friday rather than Big Friday. This is because the police officers had become irritated by the congestion caused by shoppers on that day and started referring to it irreverently as “Black Friday”.
Unsurprisingly, vendors weren’t happy to be allied with traffic and smog. So, they tried to rename the day “Big Friday” as Black Friday. Since then, the day has been popularly known as BF.
So, these were the little-known Black Friday 2017 things. Keep visiting our site throughout the festive season for more updates.
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