Black Friday?

Question

Who started this calling the day after Thanksgiving "black Friday" regarding Christmas sales and why? Thanks.

Answer 1

BLACK FRIDAY (SHOPPING) - http://en.wikipedia.org/wiki/Black_Friday_Sale
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 their profit during the holiday season. When this would be recorded in the financial records, common accounting practices use red ink to show negative amounts and black ink would show positive amounts. Black Friday is the beginning of the period where they would no longer have losses (the red) and instead take in the year's profits (the black).

Stress from large crowds

Another theory comes from the fact that shopping experience on this day can be extremely stressful. The term is used as a comparison to the extremely stressful and chaotic experience of Black Thursday or other black days. According to The Word Spy:

Earliest Citation:
Christmas decorations around Tampa Bay started going up in late October, and business has been brisk since then. And while Friday--known as Black Friday for the legendary hordes--will be the biggest shopping day for many area stores, others ring up the greatest sales the Saturday before Christmas.
—Marilyn Marks, "Retailers expect good sales this Christmas," St. Petersburg Times, November 27, 1986

There exists an earlier reference, speaking to the Friday after Thanksgiving:

A BLACK FRIDAY.
There have been many Black Fridays in recent history. Most of them have been days of financial panic. There has been none of blacker foreboding than last Friday. And the blackness is not loss or fear of loss in stocks and bonds.
New York Times (1857-Current file).
New York, N.Y.: Dec 3, 1922. pg. 38, 1 pgs
ISSN/ISBN 03624331

Employees of retail stores have for years referred to Black Friday in a satirical way, to note the extremely stressful and hectic nature of the day. Heavy traffic and customer demands added to the long hours make it a difficult day.


Black Friday on the Internet

Advertisements in advance

Certain websites such as DealTaker.com offer information about Black Friday deals up to a month in advance. The text listings of prices are usually accompanied by adscans -- complete PDFs either leaked by insiders, or intentionally released by large retailers to give consumers insight and allow them time to plan.

Cyber Monday

The term Cyber Monday refers to the Monday immediately following Black Friday, which unofficially marks the beginning of the holiday online shopping season.

In recent years, Cyber Monday has become a busy day for online retailers, with some sites offering low prices and other promotions on that day.

Controversy

Response (Buy Nothing Day)

Anti-consumer frenzy protesters have chosen this day as Buy Nothing Day in North America, where those concerned about the increasing power and influence of consumer corporations are urged to not make consumer purchases.

DMCA

In recent years, some retailers (including Wal-Mart, Target Corporation, Best Buy, and Staples, Inc.) have claimed that the advertisements they send in advance of Black Friday and the prices included in those advertisement are intellectual property and protected by the Digital Millennium Copyright Act (DMCA).

Using the take down provision of the DMCA, these retailers have threatened various internet web sites who post Black Friday prices to the internet in advance of the intended release date by the retailers. This policy apparently derives from a fear that competitors, in addition to customers, will also have access to this information and use it for competitive advantage. The actual validity of the claim that prices are protected intellectual property is uncertain as prices might be considered a 'fact' in which case they would not receive the same level of protection as pure intellectual property.

The benefit of threatening internet sites with a DMCA based lawsuit has proved tenuous at best. While some sites have complied with the requests, others have either ignored the threats or simply continued to post the information under the name of a similar sounding fictional retailer.

Answer 2

It actually only became common (and really annoyingly so, IMHO), a few years go.
It is a purely retail expression and refers to the phrase "in the black" (as opposed to "in the red").
See, in ledgers, negative figures are written in red ink. Black ink indicates a positive. For many stores, the big retail sales day after Thanksgiving is when they "go into the black" for the year. The rest of the year (especially the Christmas season) is when they make their profits.
Because it is a purely commercial/retail expression, and has nothing to do with anything other than sales, I find it distressing that it has entered the lexicon on a par with Good Friday, and well above Ash Wednesday.
Anyway, that's the word. Hear and obey. Shop today. Spend spend spend and put Sam Walton's progeny in the "black".

Answer 3

Black Friday is in November, the day after Thanksgiving Day that marks the informal beginning of the Christmas shopping period. The majority of major retailers have large marketing sales to begin the vacation shopping season.

Black Friday has become that popular in standard traditionals shops that individuals line up for hours and there is lots of push and shoving and even physical violence. Why would you wait in a long line, be pushed and shoved simply to conserve a couple of bucks when online websites like Amazon have massive Black Friday sales and it's a stress free environment.

http://www.amazon.com/Black-Friday/b?ie=UTF8&node=384082011&tag=yah-blac-20

Amazon now has remarkable offers every day for a week leading up to Black Friday that it terms Black Friday Offer Week and culminates in Cyber Monday. Black Friday deals cover all shopping categories however Cyber Monday is specifically concentrated on digital items and electronics. It is Cyber Monday when items like Games Consoles and Kindle e-readers, Kindle Fire tablets is slashed.

http://www.amazon.com/Cyber-Monday/b?ie=UTF8&node=5550342011&tag=yah-blac-20

Have a look at Amazon's Black Friday Offer Week specials.

If your searching for Amazon's deal outside of Black Friday Week then check out Gold Box Deals at:

http://www.amazon.com/gp/goldbox/?ie=UTF8&tag=yah-blac-20

Between those three pages on Amazon you will find the best deals available.

Answer 4

i think the reason this is called black Friday is because its the one day of the year that a business will be in the black by the end of the day since most will have the most sales that day

Answer 5

That's what I'm saying! What the heck does Black Friday mean? I always thought it was called a Blitz sale.

Answer 6

Black Friday is the day shopping very preferential very cheap one day, is to prepare for the big shopping, I think you can go to the shop to see I think you should know
http://www.china-walmart.com/product/category/Clothing-0-0-34-1.html?af=15

Answer 7

I always thought it is because people tend to get so darn mean...you hear about people getting trampled and into fights. It seems to put a damper on the holiday spirits.

Answer 8

Learn more about black friday here: http://youtu.be/i5a9t18a8EI