Newspapers in Philadelphia reappropriated the phrase in the late 1960s, using it to describe the rush of crowds at stores. 24, 1864, stock-market panic set off by plunging gold prices. The term Black Friday itself was originally used to describe something else entirely the Sept. Because the switchover was handled so poorly, few observed it, and the change resulted in little economic boost. ![]() As a result, Americans had two Thanksgivings that year Roosevelt's, derisively dubbed "Franksgiving," and the original. Roosevelt obliged, moving Thanksgiving one week earlier, but didn't announce the change until October. Roosevelt in 1939 to move Thanksgiving up in order to stretch out the holiday shopping season. The holiday spree became so important to retailers that during the Great Depression, they appealed to President Franklin D. Department stores in particular locked onto this marketing notion, hosting parades to launch the start of the first wave of Christmas advertisements, chief among them, the Macy's Thanksgiving Day Parade, running in New York City since 1924. (See the top 10 things you didn't know about Thanksgiving.)Īs early as the 19th century, shoppers have viewed Thanksgiving as the traditional start to the holiday shopping season, an occasion marked by celebrations and sales. The ensuing safety concerns may have prompted some shoppers to think twice, but retailers still expect a bonanza: the weekend after Thanksgiving is expected to account for some $40 billion in sales. ![]() In last year's frenzy, a worker at a New York Walmart was trampled to death when the store opened its doors two shoppers were shot in a dispute at a Toys "R" Us in California. ![]() The traditional day-after-Thanksgiving shopping bonanza has become a full-contact sport, with crazed shoppers determined to find the best deals, sometimes with tragic results. Follow hoping you avoided the food coma: you'll need your wits about you for Black Friday.
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