why is it called 'black friday'?

@cher913 (25781)
Canada
November 21, 2007 2:48pm CST
although i am canadian, i get a lot of american tv channels and had a co-worker that was from detroit (i live in southern ontario) and i have heard stories about this infamous day...where did it get its name? why is it called that? i guess our equivalent to that day is boxing day (dec 26th)(a stat holiday here in canada) but a lot of stores are open and people go crazy as all the stores mark down not only all their christmas stuff but almost all their winter stuff...the malls are crazy, but i dont think that anyone lines up at 4 am to get the bargains...why do you do that?
3 responses
mouse27
@mouse27 (1155)
• Canada
26 Nov 07
i would like to know the same thing i am canadian too and i have no idea what the heck black friday is never heard of it till now
raydene
@raydene (9871)
• United States
21 Nov 07
Here is a site that will give you some info.. http://en.wikipedia.org/wiki/Black_Friday_(1869) It is an interesting story.. xoxoxo
dreamy1
@dreamy1 (3811)
• United States
21 Nov 07
It's called black Friday because the stores probably make more than half of the years profit from Xmas shipping. They are hoping to make a lot of money so that they will be "in the black"(profit) as opposed to losing money "in the red" (loss) http://en.wikipedia.org/wiki/Black_Friday_(shopping)