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Why is the day after Thanksgiving referred to as Black Friday?

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Why is the day after Thanksgiving referred to as Black Friday?

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Traditionally, the day after Thanksgiving was the day of the year that retailers went from being “in the red” (in debt) to being “in the black” (making a profit). Today, Black Friday is known to consumers as the ceremonial kickoff to the holiday shopping season, an important day for retailers to bring shoppers into their stores with sales and promotions.

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