2007-11-22 13:26:36 · 16 answers · asked by S81 5 in Beauty & Style ➔ Fashion & Accessories
when a buisness is doing good its black.
and when a store is doing aweful and not getting a high income its red.
so since fridays the day after thanksgiving sales are booming.
so they call it black friday
2007-11-22 13:28:55 · answer #1 · answered by jessica 1 · 0⤊ 3⤋
This has caused some confusion.
Black Friday is the cornerstone for the holiday shopping season. The day after thanksgiving is the biggest shopping day in regards for the holiday. Usually, this is the day that will make or break a store. The black refers to when the figures are positive and they are out of debt. Otherwise, a company that is seeing red, is in a lot of debt. Black Friday is when all the money comes rolling in.
To eliminate confusion, some people have started calling it "Green Friday" which honestly, makes more sense and is pretty obvious for what it stands for.
2007-11-22 21:33:37 · answer #2 · answered by Violation Notice 6 · 0⤊ 0⤋
It's called black friday because it's the one day of the year where the stores make the most profit. Most stores start making a profit on this day, which is also called 'going into the black'. So it was named Black Friday.
2007-11-22 21:28:18 · answer #3 · answered by FantasyBookworm 4 · 1⤊ 0⤋
It's called that because the sales on the Friday after Thanksgiving, which starts the Christmas buying season, is what puts retail stores in "the black".
2007-11-22 21:29:43 · answer #4 · answered by westville sal 6 · 0⤊ 1⤋
Accounting wise, when a business is in the "red" it means red ink, which is what accountants use to show a negative number.
When a business is in the "black" it means black ink, which is what accountants use to show a positive number.
Most retail businesses meet and/or surpass their profit margins by the Friday after Christmas.
Now do you understand better what Black Friday means?
2007-11-22 21:32:21 · answer #5 · answered by Pixie 7 · 1⤊ 0⤋
Yes, this is the time that most retailers are finally able to take their profits from negative (in the red) to positive (in the black).
Don't feel obligated to go out and stand in long lines at the stores. There are plenty of deals that you can score online.
Check out my Blog, I wrote an article about which stores are having incredible sales!!
http://la-fashion-a-la-mode.blogspot.com/2007/11/black-friday-online-designer-fashion.html
2007-11-22 21:31:31 · answer #6 · answered by Anonymous · 3⤊ 0⤋
By the end of the year, a lot of stores can be in the red with sales down over the mid-year. In one day, they can bring their profits back up and over, back into the black and its just a steady climb to Christmas. Its a huge day for retail
2007-11-22 21:29:44 · answer #7 · answered by MonkeyMama 6 · 1⤊ 0⤋
Bad traffic and stores getting in the black and makeing money, started around 1970 in new york First shopping day for Christmas.
2007-11-22 21:33:01 · answer #8 · answered by mtchndjnmtch2000 4 · 0⤊ 2⤋
Stores go "into the black"...like outta debt. In the red means debt.
2007-11-22 21:28:01 · answer #9 · answered by Anonymous · 1⤊ 0⤋
becasue some stores open at liek midnight tonight and your leaving your house when its BLACK out so they call it black friday also because its a mean fight for the sales and thats kinda black and gloomy = ]
2007-11-22 21:30:21 · answer #10 · answered by Anonymous · 1⤊ 3⤋