why is black friday called black friday?

Question

just wondering.
best explanation gets 10 points!!!!!!!!!!!!!

Answer 1

Black Friday: Any Friday on which a public disaster has occurred, as: In England, December 6, 1745, when the news of the landing of the Pretender reached London, or May 11, 1866, when a financial panic commenced. In the United States, September 24, 1869, and September 18, 1873, on which financial panics began.
~ Definition by Webster 1913

The Friday after Thanksgiving is referred to as Black Friday in the U.S. retail industry. Many retailers will operate at a loss ("in the red") for most of the calendar year, hoping to first cover all their losses and then run up profits during the Christmas shopping season, which traditionally starts on the day after Thanksgiving and runs to December 24. With the massive numbers of shoppers on that Friday, retailers hope that they can erase the year's losses ("red ink") in that one day, virtually guaranteeing that their balance sheet will wind up positive ("in the black") for the year.

So though the name might sound ominous (especially side by side with such events as Black Monday), Black Friday is actually a positive event in the U.S. retail world.

Answer 2

Black Friday is the day after Thanksgiving in the United States, where it is the beginning of the traditional Christmas shopping season. Since Thanksgiving falls on the fourth Thursday in November in the United States, Black Friday may be as early as the 23rd and as late as the 29th day of November. Black Friday is not an official holiday, but many employers give the day off, allowing consumers to get a head start on their Christmas shopping. Retailers often decorate for the Christmas season weeks beforehand. Many retailers open very early (typically 5 A.M.) and offer doorbuster deals and loss leaders to draw people to their stores. Although Black Friday, as the first shopping day after Thanksgiving, has served as the unofficial beginning of the Christmas season at least since the start of the modern Macy's Thanksgiving Day Parade in 1924, the term "Black Friday" has been traced back only to the 1970s. "Black Friday" was originally so named because of the heavy traffic on that day, although most contemporary uses of the term refer instead to it as the beginning of the period in which retailers are in the black (i.e., turning a profit).

Answer 3

The Friday after Thanksgiving that become one known for the last few decades as one of the busiest of the year for retailers, wherein the traditional start of the holiday shopping season takes off finally. One of the popular tag use is Black Friday, pertaining to the fact that it is the biggest shopping day of the year, as the stores firmly goes in the black.

This day perhaps one of the most sought questions as to how and why. So click the link below for you to know.

Answer 4

Black Friday or The day after Thanksgiving,comes from the old accounting days when everything was kept by hand,and retailers would go from being unprofitable or in the RED,to being profitable and being in the BLACK>

Answer 5

The earliest uses of "Black Friday" refer to the heavy traffic on that day, an implicit comparison to the extremely stressful and chaotic experience of Black Tuesday (the 1929 stock-market crash) or other black days. The earliest known references to "Black Friday" are from two newspaper articles from November 29, 1975, that explicitly refer to the day's hectic nature and heavy traffic. Both articles have a Philadelphia dateline, suggesting the term may have originated in that area.

Answer 6

Because retailers end up "in the black" (with profit) as opposed to "in the red" (with loss).

Answer 7

it's probably not this reason at all but most people go to stores when the sky is still black

Answer 8

this site shows the best deals for black friday

http://blackfridayads2007.blogspot.com/