This is to settle a dispute and if it is today, the day after Thanksgiving, please tell me why it is called this and how did it originate?
2006-11-23 19:26:47 · 11 answers · asked by Maymie 3 in Society & Culture ➔ Holidays ➔ Thanksgiving
Black Friday is indeed the day after Thanksgiving, and contrary to popular belief, it is NOT the busiest shopping day of the year.
It is called Black Friday because that is the day when most stores and bsinesses "go into the black" - meaning all their debts are paid and they start making a profit.
Read the Wikipedia entry for Black Friday - cited below - for the more detailed description.
2006-11-23 19:32:22 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The term Black Friday, refers to the day after Thanksgiving, when traditionally many people begin the holiday shopping season. The retail stores advertise huge markdowns and sales in their stores, and at the close of business on that day, they can see if their holiday sales promise them a good holiday sales season for the end of their fiscal year, or it is an indicator of a bad holiday season. In business, being in the red, at the end of the fiscal year, indicates a bad season, and being in the black, would indicate a good season. Hence the term, "Black Friday".
It's what all retail stores hope for. It is not necessarily the busiest shopping day, (I would think that Christmas Eve would have that beat, with the mad dash for last minute gifts), but it is still a day chosen as the indicator.
2006-11-23 19:47:19 · answer #2 · answered by classyjazzcreations 5 · 1⤊ 0⤋
Black Friday refers back to the day after Thanksgiving because; even as corporation proprietors do not make a earnings, they communicate over with the negative earnings as being contained in the pink. on the day after Thankgiving, human beings initiate their huge finding out to purchase sprees, and that would want to carry the organizations earnings decrease back to the plus aspect, which ability decrease back contained in the black. therefore the Day after Thanksgiving is called "Black Friday".
2016-11-29 10:16:48 · answer #3 · answered by ? 4 · 0⤊ 0⤋
It does indeed refer at present to Friday, the day after Thanksgiving. But this is the first year in which I have heard it so styled, and I have no idea where the idiom arose.
2006-11-23 19:32:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I thought Black Friday was the day they scrapped the Avro Arrow in Canada. All those people lost their jobs on that Friday.
The Avro Arrow, is the original plane that broke the sound barrier twice. In the 60's I think.
2006-11-23 19:33:16 · answer #5 · answered by gemma 4 · 0⤊ 0⤋
"The day after Thanksgiving is dubbed "Black Friday" because it's when retailers are said to finally move out of the red, representing losses, and into the black, indicating profits."
2006-11-23 19:37:34 · answer #6 · answered by kaus 2 · 1⤊ 0⤋
This is the first official day for Christmas Sales.
It will be a madhouse - parking lots will be full - tempers will be short - and items will sell out.
That's how it got the name black friday - I will be resting at home - answering questions...........next?
2006-11-23 19:30:13 · answer #7 · answered by tomkat1528 5 · 1⤊ 0⤋
It is called this due to severe price drops in the retail business...that is all.
Like they called the first day of the stock market drop "black sunday." Means a big loss in the retail market.
They us this term to show consumers that they are taking a large price drop to keep them as customers.
2006-11-23 19:30:54 · answer #8 · answered by AveGirl 5 · 0⤊ 2⤋
http://www.investorwords.com/482/Black_Friday.html
2006-11-23 19:31:11 · answer #9 · answered by dogpatch USA 7 · 0⤊ 0⤋
wow.. already asked this question yesterday on yahoo anwsers and picked my best anwser today..
2006-11-23 19:34:31 · answer #10 · answered by MissBellaGirl 2 · 0⤊ 0⤋