Why is the biggest sale day of the year called Black Friday?

Answer 1

It is a financial term. When businesses are failing and losing money they are in the "red," but thanks to all the Thanksgiving sales, most businesses make a profit thus putting them in the "black."

Answer 2

In bookkeeping, red ink means the company owes more money than they have made. When you have made more money then you owe, the records are in black ink. Many businesses don't go from using red ink to using black ink during the year until the day after Thanksgiving. That is why it is called Black Friday.

Black Friday usually refers to the day after Thanksgiving, the official start of the holiday shopping season. Stores offer deep discounts and sell a few products at a loss in order to entice shoppers to spend.

"Black" derives from old accounting slang, "in the black," first used in 1926 (the term was first applied to holiday shopping in the late 60s or early 70s). When a business is operating at a loss, it is said to be "in the red," referring to the way negative numbers were recorded in accounting ledgers using red ink; when a business is making a profit, it is said to be "in the black," and the ledger shows positive numbers recorded in black ink. Black Friday is often the day retailers finally begin making a profit for the year, shifting their status from being "in the red" to being "in the black." In the retail industry, most of the profit is made during the five-week period between Black Friday and the end of the year.

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Black Friday is the traditional kickoff of the Christmas shopping season. The sales are so high that it is the one day of the year that retailers are assured of being "in the black" - a term for earning a profit.

Most stores and shops operate in the negative and are losing money for the entire year. Then the first day of the Christmas shopping season, their sales jump up enough so they make money or, as they say in accounting, they are "in the black."

Many stores offer deep discounts on Black Friday and open their doors early. Some have started to offer Black Friday deals for multiple days. In the online shopping business, Cyber Monday is the equivalent to Black Friday.

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It refers to a financial term. Most stores and shops operate in the negative and are losing money for the entire year. Then the first day of the Christmas shopping season, their sales jump up enough so they make money or, as they say in accounting, they are "in the black".

Answer 3

Black Friday marks the official start to the holiday shopping season. I believe the phrase refers to the hope that a profitable Thanksgiving weekend will put them 'in the black' (make them profitable) for the year.

It means Black, referring to the accounting phrase "in the black," as in the color of ink used in low tech ledgers showing profitability.

Answer 4

Stores are considered in the Black when they have a profit. In the red if not. So black Friday means lots of stores making money, and hopefully, lots of people also getting good deals. It is said to set the tone for how well stores will do during Christmas shopping. black friday is when stores usually get cheap

Answer 5

It is called black friday, because when a business is in the black, it means it is doing well and making money. Since it is a big sale day, many businesses will do well and they will be in the black.