Black Friday Free Essay, Term Paper and Book Report
Black Friday is the day after Thanksgiving in the United States, where it is the beginning of the traditional Christmas shopping season. Since Thanksgiving falls on the fourth Thursday in November in the United States, Black Friday may be as early as the 23rd and as late as the 29th of November.
More recently, there is new understanding that the term originates from the theory that retailers traditionally operated at a financial loss for most of the year (January through November) and made their profit during the holiday season. When this would be recorded in the financial records, 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).
Usually on Black Fridays retailers (including Wal-Mart, Target Corporation, Macyâs, OfficeMax, and Staples, Inc.) give out sharp sales to attract customers. It is very common to see â60% ~20% offâ sign everywhere, the pr......
Word Count: 845
Page Count: 3.3 (250 words a page / double spaced)
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