years ago when bookkeepers at businesses used red inked pens to show a negative balance in the merchants books and accounts, and black inked pens to show a positive balance in a merchants books and accounts. The day after Thanksgiving was noted to be one of the best shopping days of the year, and usually brought all accounts into the positive, hence the use of black ink, black friday was was born
Black Friday is the name given to the day following Thanksgiving Day in the United States, traditionally the beginning of the Christmas shopping season. On this day, most major retailers open extremely early and offer promotional sales to kick off the holiday shopping season, similar to Boxing Day sales in many Commonwealth Nations. Black Friday is not an official holiday, but many non-retail employers also observe this day as a holiday along with Thanksgiving, giving their employees the day off, thereby increasing the number of potential shoppers. It has routinely been the busiest shopping day of the year since 2005, although news reports, which at that time were inaccurate, have described it as the busiest shopping day of the year for a much longer period of time.
From wikipedia: The day's name originated in Philadelphia, where it originally was used to describe the heavy and disruptive pedestrian and vehicle traffic which would occur on the day after Thanksgiving.Use of the term started before 1961 and began to see broader use outside Philadelphia around 1975. Later an alternative explanation began to be offered: that "Black Friday" indicates the point at which retailers begin to turn a profit, or are "in the black"
1 year ago
Last edited at 2:20PM on 11/23/2012
It's an economic thing. Stores sell products for lower prices, people come to their store, buy sale items, find things everyone and their brother wants, the customer tells their friend, more people hear of the sales and buy more things, and the store gets a lot more money/profits. (Meaning the store goes from red (or in the hole/negative) to having money and being in the black (having money in their pockets.) The End.
I think the term "Black Friday" is not the correct way to describe this shopping day. I always equate it to "Black Tuesday"... which was the beginning of the Great Depression in 1929!!! (which most of you on FB don't know about)....This shopping day should be called GREEN FRIDAY.. it is much more upbeat... not as depressing sounding...and it's what retailers want to see... plenty of GREEN!!! So, whoever the association is that governs retailers, etc... they need to reconsider the name...and change the color labeling.