Why is the day after Thanksgiving called BLACK FRIDAY?

Question

I'm staying home and out of the crowds♥

Answer 1

You have to go into the crowds to figure it out. It's the one day in the holiday season when everyones heart turns as black as coal. They will use deceit, foul language, and physical force to get what they want. You will be lost in the stampede of frenzied shoppers trying to save the extra 5 dollars on gifts that most likely will end up back at the store within a month.
Should you succumb to the herd and fall to the ground, don't expect a break in the trample to be helped up. You are on your own. It's Black Friday!!!

Answer 2

September 24, 1869, the day the markets crashed following a failed attempt by some financiers to corner the gold market. Led to a depression.

In a more general sense, any Friday in which a public calamity occurred.

More recently, the term Black Friday has been applied to the day after Thanksgiving in which retailers make enough sales to put themselves "into the black ink."

Answer 3

Because profits are waaaaaaay up & the store is in the black. If you're in the red then you're in debt or just have no profits whatsoever.

I'm with you on staying home & out of the crowds. I refuse to go shopping on that day despite all the good sales. I had worked retail for faaarrrr too long, hated every moment of it on that day & don't wanna contribute to any other retail employees feeling the way I did.

Answer 4

Stores generally don't make their projected sales throughout the year. They tend to be "in the red" until the beginning of the holiday season.

On Black Friday, the begin exceeding their projected sales for the rest of the year, coming out of the red and going into the black.

On old adding machines, negative numbers (losses) are in red ink while positive numbers (profits) are in black ink.

Edit: Why is some imbecile giving thumbs down to all of the correct answers?

Answer 5

it relatively is typically talked approximately as "black friday" simply by fact it relatively is the day that retail agencies circulate into the "black", additionally meaning that they make a great earnings; rather of being in the "pink". It is likewise the kick off of the holiday season procuring which additionally provides a earnings for retail agencies. The sales draw the purchasers in, which returned produces a earnings.

Answer 6

Because it's the official start to the Christmas season where retailers expect to begin showing a profit. The phrase 'in the black' means revenue exceeds cost..hence 'Black Friday.'

Answer 7

Because on that one day alone retailers can go from operating in the red to being in the black! I worked retail for years and loved black friday! Now that I am out of retail I go out shopping and get the best deals. My mom and I try to finish all of our shopping this weekend!

Answer 8

Because it's when stores use sales to get out of the red (debt), and back into the black (profit).

Edit: I should explain. In accounting, debts are written in red ink, while income is written in black. So after this weekend, stores should have more black entries than red ones.

Answer 9

I believe when retail post profits it is with black numbers, when there are losses it is red. Since friday is associated as a monster consumer day, most retail will go into the black as it were

Answer 10

The term "Black Friday" originally referred to the heavy traffic on this day. More recently, the term has also come to refer to the fact that, at this time, most retailers are operating in the black, meaning they're turning profits.