Why do they call it Black Friday?"

[rhaj]

yes, it gets stores out of the red and into the black (profit wise)

 

[Omniskies]

It's from old records. When you were not making a profit, losses were recorded in red (as in "in the red"). When you were making a profit you wrote in black. Black Friday is when you could expect any losses to be made up for the year for a lot of retail companies.

 

[ChickieBooBoo]

Quote:
I am also Canadian and was wondering the same thing

 

[arabianequine]

I was thinking it was because still dark outside because it is so early. Don't know the money thing makes sense too.

 

[speckledhen]

It's definitely because that one day puts their books in the black. Used to work retail myself. Now I avoid everything except the feed store and the grocery store on that day (and frankly, for most of December)

 

[33yardbirds]

The businesses run red for 364 days and then all of the sudden one day puts them in the black. I don't buy it Scooter. I won't help them. Have a Merry, Merry $$mas.

 

[tori20224]

They call it Black Friday 'cause your gonna be black from all the bruisess you get from all the crazed shoppers trying to get through the doors!