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Why is the day after thanksgiving called “Black Friday”?

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Why is the day after thanksgiving called “Black Friday”?

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On the day after Thanksgiving stores’ bottom lines move from red (loss) to black (gain).

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BLACK FRIDAY (SHOPPING) – http://en.wikipedia.org/wiki/Black_Frida… From Wikipedia, the free encyclopedia Black Friday, the day after Thanksgiving in the United States, is historically one of the busiest retail shopping days of the year. Many consider it the “official” beginning to the holiday season. Most retailers will open very early and usually provide massive discounts on their products. Although Black Friday is typically the busiest shopping day of the year in terms of customer traffic, it is not typically the day with the highest sales volume. That is usually either Christmas Eve or the last Saturday before Christmas. Origin The first use of this term to describe the day after Thanksgiving is not exactly known. There are two popular theories as to its origin. Accounting practice One theory is that stores traditionally operated at a financial loss for most of the year (January through November) and made

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it’s b/c the day after thanksgiving a whole bunch of stores open at like 5 in the morning and ppl start showing up at the doors and making a HUGE line just to get in the store around 4:00 or earlier b/c the store is having a whole bunch of stuff marked down. like digital cameras tht are like $200 are marked down to about $150 or less they also have nintendo DS’s marked down, camcorderers, clothes, etc. me and my mom are going to them it’s funny last year ppl broke out in a fight to get the last 42 inch tv it was hilarious…….

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It’s called Black Friday because that is the time of year when a lot of businesses, who have been in the “red” ( in debt ) turn around and start bringing in more money than what they are paying out ( in the “black” ).

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It is called Black Friday because it is the day that traditionally pushes the retailers from the “red” into the “black” as far as profits.

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