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A Short & Sweet History of Black Friday

One of the great American traditions is Black Friday, a hugely-anticipated annual shopping event where retailers offer deep deals and discounts and consumers can get a head start on their holiday shopping.

While the term can be traced back to the 1800s, Black Friday as we know it is rooted in 1950s Philadelphia. The city’s police force used the phrase to describe the throng of suburban shoppers that would visit Philadelphia in the days after Thanksgiving, and big sales were promoted city-wide.

Today, Black Friday has grown into a four-day shopping marathon—five if you include Thanksgiving. Retail giants like Target TGT, Walmart WMT, Best Buy BBY, and Macy’s M have been gearing up for the unofficial holiday for what feels like weeks now. Will you be braving the crowds this year on Black Friday?

Personal Finance 101 is a video series that aims to help you take control of your money. It’s hosted by Zacks Editor Madeleine Johnson, and covers a wide range of personal finance related topics. To watch more video content from Zacks, subscribe to Zacks Investment News today!

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Best Buy Co., Inc. (BBY) : Free Stock Analysis Report
 
Walmart Inc. (WMT) : Free Stock Analysis Report
 
Target Corporation (TGT) : Free Stock Analysis Report
 
Macy's, Inc. (M) : Free Stock Analysis Report
 
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