EPT![[image loading]](http://img.timeinc.net/time/photoessays/2007/black_friday/black_friday_01.jpg)
![[image loading]](http://waynehastings.blogs.com/offtheshelf/061122_black_friday_hmed_11a.hmedium.jpg)
In USA, the event after Thanksgiving is called Black Friday. The black refers to major profit, while red is a big loss. It is the day stores have the best deals of the year. Stores open up at 5am, and a mob of people rush in and hope to get what they came for.
So what did you end up buying on Black Friday and how much?
On November 28 2008 05:52 anch wrote:
wikipedia
Many merchants objected to the use of a negative term to refer to one of the most important shopping days in the year.[8] By the early 1980s, an alternative theory began to be circulated: that retailers traditionally operated at a financial loss for most of the year (January through November) and made their profit during the holiday season, beginning on the day after Thanksgiving. When this would be recorded in the financial records, once-common accounting practices would use red ink to show negative amounts and black ink to show positive amounts. Black Friday, under this theory, is the beginning of the period where retailers would no longer have losses (the red) and instead take in the year's profits (the black).
wikipedia
Many merchants objected to the use of a negative term to refer to one of the most important shopping days in the year.[8] By the early 1980s, an alternative theory began to be circulated: that retailers traditionally operated at a financial loss for most of the year (January through November) and made their profit during the holiday season, beginning on the day after Thanksgiving. When this would be recorded in the financial records, once-common accounting practices would use red ink to show negative amounts and black ink to show positive amounts. Black Friday, under this theory, is the beginning of the period where retailers would no longer have losses (the red) and instead take in the year's profits (the black).
