Why that day after thanksgiving they call it Black Friday?
By Bebs08
@Bebs08 (10681)
United States
November 26, 2009 11:21pm CST
I am just wondering when I first cane here when people keep on talking about Black Friday, I don't understand why they call that big sale day after thanksgiving a black Friday? I never pay attention on that until one time I heard in the news that somebody died because of stampede on black Friday sale. What is the significant of black Friday? am serious!! I want to know and am curious about it.
3 responses
@kokopelli (4842)
• United States
27 Nov 09
The term "Black Friday" has been used in multiple contexts. Back in 1966, "Black Friday" is the name which the Philadelphia Police Department has given to the Friday following Thanksgiving Day because it officially opens the Christmas shopping season and it usually brings massive traffic jams and over-crowded sidewalks causing them headaches. Another one came from or reference Philadelphia and refer to the heavy traffic of black drivers on that day. But the one that makes most sense to me is the day being associated with a financial crisis in 1869 where the big sale on that Friday following Thanksgiving turned most business from red (loss) into the black (profit).
Happy Thanksgiving and have fun shopping tomorrow! =)
2 people like this
@gitfiddleplayer (10362)
• United States
30 Nov 09
Because all the retailers are in the Black and you are heading towards the Red. They should call it something else.
@Opal26 (17679)
• United States
28 Nov 09
Hey Bebs! Well, it is supposed to be a chance for the stores
to make money to get themselves our of the "red", meaning "debt".
I believe that is where they got the term. What it really is
is a very dangerous time for people to go shopping! The stores
have incredibly insane deals on everything, especially "big
ticket items", like tv's, computers, games, toys, phones and
other expensive items! People are just crazy! They wait in line
from 3:00am for the stores to open at 5:00am! My boyfriend shopping
today at 6:00am! I didn't dare go with him! And all he ended up
getting was a pair of sneakers~