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Why is it called Black Friday?

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Why is it called Black Friday?

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Old 08-24-02 | 11:38 PM
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From: Winston-Salem, NC
Why is it called Black Friday?

Yes, I know it is still early in the year to be discussing shopping for bargains the day after Thanksgiving but bear with me a minute.

Sooner than we may realize, the forums will be bubbling with information about the wonderful offerings the retail community will have for us for this holiday season on the day after Thanksgiving. We will plan our short term tactics and long term strategies for making our holiday purchases based on the information presented in these forums.

Before the first thread is posted, can someone please tell me the origin of why the Friday after Thanksgiving is called Black Friday? That name carries such a negative connotation and does not represent it very well.

I'm for giving this day a new name, a name that is better suited to it. Several pop into my mind. Consumer Rewards Day, no too long. Fool's day, no already done. Deals Day, nice alliteration but who am I to decide.

Lets discuss the possibility of a name change for the day after Thanksgiving and decide upon a name worthy of its greatness to us all.
Old 08-24-02 | 11:53 PM
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Ever work a mall McDonald's on that day? Separates the men from the crying, whimpering puddles hiding in the break room. Not a pretty sight. I did a few of them.

It could mean black as in "black ink" where businesses used to put losses in red ink and profits in black ink. The aformentioned McDonald's didn't too hot except for the day after Thanksgiving thru Christmas, and it was enough to keep it going thru the rest of the year.
Old 08-25-02 | 12:12 AM
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Probably because it's a dark soul-sucking nightmare of a day. Nothing blackens the heart more than fighting angry moms over a bargain at 5am.

das
Old 08-25-02 | 12:14 AM
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Because that's the day I always go to the mall, get on one knee, and sing "Mamie."
Old 08-25-02 | 12:32 AM
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Because that's when retailer's hope to be in the "black" -- profitable
Old 08-25-02 | 12:50 AM
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From: Texas, our Texas! All hail the mighty state!
Moving to Store Forum.
Old 08-25-02 | 02:51 AM
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Because when you work retail...this day is the most dreaded day of the entire year.

Forget x-mas eve...or even the after x-mas return rush...this day is pure hell.

Death is more favorable than working the morning of Black Friday.


I find the name Black Friday to be very fitting on a day like that.
Old 08-25-02 | 10:00 AM
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Originally posted by Groucho
Because that's the day I always go to the mall, get on one knee, and sing "Mamie."


Old 08-25-02 | 10:02 AM
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Originally posted by UAIOE
Because when you work retail...this day is the most dreaded day of the entire year.
Ahhh....you've obviously never worked this day in commission sales!!!
Old 08-25-02 | 04:07 PM
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Commission Sales on that day would be a dream come true.



I'll correct my previous statement....non-commission retail work on that day is utter hell.
Old 08-26-02 | 05:08 AM
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Working at Toys R Us on that day Is the worst experience a person could EVER have. I will NEVER EVER do that again.
Old 08-26-02 | 08:44 AM
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Originally posted by greatjedi
Working at Toys R Us on that day Is the worst experience a person could EVER have. I will NEVER EVER do that again.

actually I worked at TRU during one such Black Friday, got there at 4:30am so we could open at 5:00am...but I had an easy job...I ran the free-bee desk...so I did not have to do crap it was easy, and I got out at 1 in the afternoon....happy gee
Old 08-26-02 | 10:59 AM
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Just an interesting side note. As a person who has worked many "Black Fridays" at Toys R Us, they don't call it that. The TRU term for the day after Thanksgiving is GREEN Friday.

*Sigh* I'll probably be there again this year too.

X
Old 08-26-02 | 11:04 AM
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Originally posted by Xander
The TRU term for the day after Thanksgiving is GREEN Friday.
That term makes sense.
Old 08-26-02 | 12:20 PM
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Originally posted by jimmywong
Because that's when retailer's hope to be in the "black" -- profitable
Correct...The whole black/red thing is an accounting thing.

In theory, retailers run at a loss most of the year until "black Friday" in which profits exceed costs for the year.

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