Ah, the day after Thanksgiving: Black Friday.
Known as the single most frenzied, insane shopping day of the year and the official beginning of holiday buying madness, Black Friday is essentially a one-day economic stimulus plan.
But what is the origin of Black Friday? Is it just a day created by retailers to get you into the stores so that you’ll score a couple quick deals but then ultimately buy some products featuring a higher profit?
The truth is, Black Friday actually has some pretty deep roots in American culture, as department stores have been associating Thanksgiving with spending ever since the beginning of the 20th century. For example, think about the Macy’s Thanksgiving Day Parade. You think that was about setting up a great event for the city of New York, or as a way to promote shopping at Macy’s? (Or both?)
Check out the video below to get a history lesson that may surprise you.
You’re also going to want to check out this super interesting video.