Michael K
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It's the bigest sale day of the year, it makes the difference for many retail companies if they will be in the Black (have a profit) or Red (have a loss for the year.
Black Friday's use can be tracked back to the 1960's when they spoke about it in Philadelphia to refer to the heavy traffic on that Friday.
But today, it's all about a business being in the Black for the year based on sales for the day after Thanksgiving.
I hope that helps. |
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Ms. Mimsie
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It's when retail businesses stay "in the black" by making money through the best sales of the year. |
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JO
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The earliest uses of "Black Friday" come from or reference Philadelphia and 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). The earliest known reference to "Black Friday" (in this sense), found by Bonnie Taylor-Blake of the American Dialect Society, refers to Black Friday 1965 and makes the Philadelphia origin explicit:
JANUARY 1966 -- "Black Friday" is the name which the Philadelphia Police Department has given to the Friday following Thanksgiving Day. It is not a term of endearment to them. "Black Friday" officially opens the Christmas shopping season in center city, and it usually brings massive traffic jams and over-crowded sidewalks as the downtown stores are mobbed from opening to closing.[7]
The term Black Friday began to get wider exposure around 1975, as shown by two newspaper articles from November 29, 1975, both datelined Philadelphia. The first reference is in an article entitled "Army vs. Navy: A Dimming Splendor," in The New York Times:
Philadelphia police and bus drivers call it "Black Friday" - that day each year between Thanksgiving Day and the Army-Navy game. It is the busiest shopping and traffic day of the year in the Bicentennial City as the Christmas list is checked off and the Eastern college football season nears conclusion.
The derivation is also clear in an Associated Press article entitled "Folks on Buying Spree Despite Down Economy," which ran in the Titusville Herald on the same day:
Store aisles were jammed. Escalators were nonstop people. It was the first day of the Christmas shopping season and despite the economy, folks here went on a buying spree. ... "That's why the bus drivers and cab drivers call today 'Black Friday,'" a sales manager at Gimbels said as she watched a traffic cop trying to control a crowd of jaywalkers. "They think in terms of headaches it gives them."
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Manchurian Candidate
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it's the day when business in retail markets go from in the red to in the black for the year. everything from here on out is gravy or what all of us are in business for |
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julieisbest
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From Wikipedia:
The term "Black Friday" originated in Philadelphia in reference to the heavy traffic on that day. More recently, merchants and the media have used it instead to refer to the beginning of the period in which retailers are in the black (i.e., turning a profit). |
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Huh?
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Retailers would be not be making a profit from January until Thanksgiving so they would be in the red during that time. Being in the red refers to the practice in accounting of using red ink to indicate a loss on financial statements.
On "Black" Friday the shopping day after thanksgiving, Christmas hopping would be so strong that the retailers business would turn around and they would be profitable, which means the ink on their financial statements would change from red to black. The day became known as "Black" Friday. |
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jeremypaul@verizon.net
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i think because its dark when every one is out waiting in line for stores to open at crazy hours and buy stuff on sale. |
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Kia
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It was supposed to be the day the stores caught up on the finances and went back into the "black" (positive). However, according to most studies, the busiest shopping day and most profitable is the Saturday right before Christmas, with the Sunday before coming in 2nd. |
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Amanda
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I worked in retail for years and the reason I was always told was because its the day that puts many companies "in the black" as opposed to "in the red" - companies make a lot of money that day. |
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Angie G
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Question - Why it is called Black Friday ?
Answer - Closest reason as to why it is know as Black Friday is given in Wikipedia - "Many retailers report some of their highest profits on Black Friday. The black portion of the name, "Black Friday" relates to businesses recording their losses in red ink and gains in black. This tradition lives on in modern accounting software, hence the name." |
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Pal
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The first answer is correct historically but the modern reference is to the fact that it is the biggest retail sales day of the year and can put a store "in the black" that is in a profit rather than a loss position financially for the year. |
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â—„|| G ||â–º
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It is the day the stock market crashed and used ever since as a day that everything simply horribly gone wrong. |
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dice_340
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because it is no tax on that day.so if no get in sum one way while they are shopping you get a black eye.hints black friday.lol i jus jokin i have no clue.but i hope my joke mad you smile. |
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Captain Planet
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I hated working on Black Friday at stores cause of so many people going out shopping that Day.BUT!!!! Black Friday does have AWESOME sales. |
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Jon B
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Well, Thanksgiving is always on a thursday, so being the day after Thanksgiving, that explains the Friday part. Black is commonly used to carry negative connotations. It was used by retailers who dread putting up with the crowds and angry people that shop the day after Thanksgiving.
Black Friday |
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Lizzy
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Black Friday is the day after ThanksGiving and is the day the stores get out of the Red into the Black cause everyone shops a lot on that day
PS stockmark crash was in the spring |
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womanly222
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had to do with the stock market thats all i know sorry :( |
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blkretart
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welll that top guys a dumb sheeet stock market crashed in october. |
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Charlson J
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1930 stock market crash |
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Embo77
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As in right before Easter? In Christianity Black (or Good) Friday is the day Christ died. |
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christopher
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the bubonic plague started on that day |
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Tatum
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Never heard of it. |
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Desue
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Because you will get trampled by thousands of feet marching into the store. |
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TJ
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BLACK |
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Megs.
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it's when the stock market crashed? |
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