Why is it called Black Friday? How the biggest shopping holiday got its name

Why is it called Black Friday? How the biggest shopping holiday got its name

Black Friday is the biggest sale event of the year when brand sell their products at heavy discounts.

The name Black Friday was coined in the late 1860s when a major stock market crashed.

Many people believe it is called Black Friday because stores would go from operating "in red" (losses) to earning a profit or being "in black".

In the early 1960s, the term was resurrected and used to refer to the day between Thanksgiving and the Army-Navy game.

In the late 1980s, the term became synonymous with shopping.

Retailers reinvented the Black Friday name to reflect the backstory of how accountants used different color inks.

Red was used for negative earnings and and black for positive earnings.

Black Friday eventually became the day when stores finally turned a profit.