Why Is It Called "Black Friday?"

 Introduction

     Have you ever wondered why it is called Black Friday? Who thought of the name? Why did they pick that name? Well, you are going to find out the reason behind "Black Friday." After the turkey has been finished and the relatives have left, we prepare for another holiday. Black Friday is a sensational shopping spree, on which shops open nearly at 2:00 AM. The lines to get in are longer than the Empire State Building! Many shops like Macy's have enormous sales to lure in customers and to make money. In fact, since 2005, Black Friday has had the busiest shopping day of the year.

Why Is It Called Black Friday?

According to Wonderopolis, an online educational website,"Historians believe the name started in Philadelphia in the mid-1960s. Bus drivers and police used Black Friday to describe the heavy traffic that would clog city streets the day after Thanksgiving as shoppers headed to the stores. According to this alternative explanation, Black Friday is the day when retailers finally begin to turn a profit for the year. In accounting terms, operating at a loss (losing money) is called being “in the red” because accountants traditionally used red ink to show negative amounts (losses). " Black Friday is called Black Friday because of the fact that most business losses are written with red ink, and most promotions and new deals are written with black ink. Black Friday is when shops make much more money than usual because of all the people bustling in and out of the shop.

How did Black Friday First Start?

According to Black Friday.com "In the 1960's, police in Philadelphia griped about the congested streets, clogged with motorists and pedestrians, calling it “Black Friday.” In a non-retail sense, it also describes a financial crisis of 1869: a stock market catastrophe set off by gold spectators who tried and failed to corner the gold market, causing the market to collapse and stocks to plummet.As retailers began to realize they could draw big crowds by discounting prices, Black Friday became the day to shop, even better than those last minute Christmas sales. Some retailers put their items up for sale on the morning of Thanksgiving, or email online specials to consumers days or weeks before the actual event. The most shopped for items are electronics and popular toys, as these may be the most drastically discounted. However, prices are slashed on everything from home furnishings to apparel." So, as soon as shop keepers and retailers realized that they could lure in large crowds if prices go down. Retailers eventually formed one day where all the prices would go down and gigantic crowds of people would buy their items. That day is called Black Friday.

Top Ten Websites You Should Visit On Black Friday 

1. Amazon.com- a large website where whenever something comes out, they have it. Amazon has enormous Black Friday deals, including the new Galaxy Tab 3 for only $159.00.
2. Best Buy.com- a negotiable website with more items than you can count. Millions of people use this site to save money, and to get the best.
3. Black Friday.com- a enormous website that is especially made for Black Friday. It tells the deals other shops have so you can compare the deals, and pick the best one!
4. Walmart.com- a large selection of electronics, toys, clothes and much more. Walmart has anything and everything you would possibly want.
5. Target.com- choose from a wide selection of furniture, clothes, toys, shoes, and much more. This website is widely used by people all over the U.S. and you should use it too!
6. Kohl's.com- its just like any other store, except for the fact that it has its own cash. Yep, Kohl's is the perfect place to get money back! Get $15 Kohl's Cash for every $50 spent!
7. Walgreens.com- Its where everyone goes to get their basic needs, but also much more! Toothbrushes, paper, and everything you need is there, for great deals on this Black Friday
8. Costco.com- everything from computers to gourmet food, at the one of the lowest prices around. They also have a car station, where you can get your cars fixed up!
9. Sam's Club.com- Office supplies, TV's, furniture, and much more is all at Sam's Club. Sam's Club offers you the best deals on everything.
10. Macy's.com- a large selection of home items and beauty items. The perfect place for women to get their beauty items, with large sales for Black Friday.

Question, Challenge, And Thought Of The Day

Question: What stores do you like to shop at on Black Friday?

Challenge: Try to find one other store that people frequently shop at.

Thought of the Day: I thought it was a good idea to have 1 day where retailers make lots of money. In my opinion, Black Friday is a good way to make money for retailers, and a good chance to shop all you want for customers.

Thank You!