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It's that time of year again! Stores are decorated with twinkling lights, holiday music is playing on the radio, and people are out in droves looking for the best deals on gifts for their loved ones.
Yes, it's Black Friday!
But why is it called Black Friday? Let's take a look at the true origin story of this shopping holiday.
History of Black Friday
The earliest known use of the term "Black Friday" was in reference to the crash of the U.S. gold market on September 24, 1869. Two speculators, Jay Gould and James Fisk, attempted to corner the market on gold, driving prices artificially high. When the scheme collapsed, prices plummeted and many investors were ruined. This event became known as "Black Friday."
In more recent history, another possible explanation for the origins of Black Friday comes from Philadelphia police officers in the 1950s. They used the term to describe the chaos that ensued on the day after Thanksgiving when hordes of suburban shoppers descended on the city in search of bargains. The traffic and general Mayhem were so bad that it was difficult for officers to do their jobs.
Whatever its origins, Black Friday has become synonymous with amazing deals and incredible savings.
So whether you're braving the crowds at your local mall or shopping from the comfort of your own home, we hope you have a happy and safe Black Friday!
When is Black Friday in 2022
Black Friday is always the day after Thanksgiving. In 2022, Thanksgiving will be on Thursday, November 24th, so Black Friday will be on Friday, November 25th.
Happy Black Friday, everyone! We hope you enjoy amazing savings and find everything you're looking for this holiday season!