It is the day after thanksgiving where every retail store cuts its prices so everyone can rush and get early, cheap christmas presents. Most stores will open their doors at ridiculous hours like 4am or even earlier. There is always a rush of customers that day and it is called black friday.
2007-11-24 01:42:34
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answer #1
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answered by l'il mama 5
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Black Friday in retailing is so named because it is the day of the year when the profit margin goes from red to black. It is the biggest retail shopping day of the year, and has become a tradition, the day after Thanksgiving, when the shopping season officially starts with sales galore. Somepeople look forward to it and make it a social event. This has always been the biggest retail shopping day, but only a few years ago retailers begn calling it "Black Friday" and the name stuck.
2007-11-24 09:40:10
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answer #2
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answered by Isadora 6
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For most of the year, retail stores run at a loss, or in the red on their accounting books. It is not until Black Friday, the day after Thanksgiving, that retail stores do the proper volume of sales to start running at a profit. Stores encourage these sales by running terrific deals on certain items or early bird sales, etc. which has become highly profitable. When they, the retail store, are running at a profit it is referred to, in accounting terms, as being in the black. It's accountant terminology that has become common terminology to refer to this time of the year, more specifically the day after Thanksgiving.
2007-11-24 09:47:07
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answer #3
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answered by BearCatGal06 2
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It is the day after Thanksgiving (every year) when all the stores open early (like @ 5 am) and have really good sales. Surely you heard all the commercials on TV...yea, those were all for Black Friday.
It refers to a day in 1929, when the stock market crashed.
I think our Target or something opened at midnight!
2007-11-24 09:45:20
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answer #4
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answered by Lydiann 4
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black friday is the day after thanksgiving that helps the bussiness get into the black instead of the red. (ya know like red means they have no money black means they do)they have amazing deals that most places wouldnt have normaly.everyone wakes up at like1 in the morning cause the places only put out certain amounts of the item.
2007-11-24 09:43:19
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answer #5
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answered by Anonymous
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black friday is the day after thanksgiving when everybody wakes up early to go shopping to hit sale and sale after sale. the stores have all these sales because they are trying to get out of the red and into the black (money wise). i just learned this the other day.
2007-11-24 09:39:45
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answer #6
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answered by :) 3
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It is the day after Thanksgiving when retail stores get a mad rush of business. This business traditionally puts them in the "Black" which means at a profit, as opposed to in the "Red" which means at a loss in thier books.
2007-11-24 09:39:48
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answer #7
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answered by joe_on_drums 6
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the day after Thanksgiving that is named "Black Friday" because of all the shoppers going to "Day After Thanksgiving Sales"
2007-11-24 09:38:08
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answer #8
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answered by XxfabricatedsmilesxX 3
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it also refers to the day in 1929, (a friday), when the american stock market crashed sending the u.s. of a. into the "great depression". that day is also known as "black friday".
2007-11-24 09:44:07
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answer #9
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answered by Anonymous
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it is the day after thanksgiving in which stores nationwide have huge sales and people wake up ridicously early to go shopping
2007-11-24 09:43:12
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answer #10
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answered by KingMC93 3
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