That’s just one theory of its origin, since others point to the term being coined by the New York Times, describing Novemas ‘black Friday’, due to the chaos generated by a number of discounts and sales launched the day after Thanksgiving.
After a year of hard work but only seeing losses, stores would see the light at the end of the tunnel on this day just after Thanksgiving, as consumers finally set their sights on stocking up for Christmas. Black Friday started as a shopping event in the United States when stores’ profit margins went from red to black.
