why is the day after thanksgiving known as black friday?

why is the day after thanksgiving known as black friday

Answer #1

I think the answer posted in this thread is pretty good: http://www.funadvice.com/q/why_is_the_friday_after_thanksgiving

Basically, there are two theories - one of which is that the day after thanksgiving is when retailers traditionally get “out of the red” and into the black, or profitability, for the year.

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