Why is the Friday after Thanksgiving called "Black Friday?"

United States
November 24, 2006 12:15am CST
The day after Thanksgiving is one of the biggest, if not the biggest, shopping day of the year. Why is is called "Black Friday"? Who can guess this first?
2 responses
@bobmnu (8160)
• United States
24 Nov 06
When a store make money they are said to be in the black. Thus the bussiest shopping day of the year is when they take in the most money and are in the Black as opposed losing money and being in the Red.
• United States
26 Nov 06
You are also correct. I guess this was too easy a question.
@mythmoh (3994)
• United States
24 Nov 06
The moving of unprofitable state (red state) to profitable (black).,hence called as Black Friday.Due to large volume of purchase by consumers on Friday.,retailers move from unprofitable to profitable state
• United States
26 Nov 06
You are correct.