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Why Is It Called Black Friday

Tuesday, October 16th 2018. | Black Friday Deals

Why Is It Called Black Friday

Black Friday is the name given to the shopping day after Thanksgiving. It was originally called Black Friday because so many people went out to shop that it caused traffic accidents and sometimes even violence.
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).
According to the Oxford English Dictionary (OED), the day after Thanksgiving has been called Black Friday since at least the early 1960s. The explanation .