- Many believe that Black Friday (the Friday after Thanksgiving) has always referred to the red or black ink on retailers balance sheets.
- However, the term was initially coined in the 1950s by Philadelphia police officers.
- “Traffic cops were required to work 12-hour shifts, no one could take off and people would flood the sidewalks”.
- City merchants then adopted the term to describe shopping mayhem.
- In the early 1960s, Black Friday was temporarily rebranded as Big Friday but retailers quickly switched back (didn’t catch on).
