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Home > Documents > Articles > Black Friday

 

Black Friday:

 

Black Friday, the day after American Thanksgiving, traditionally marks the beginning of the official Christmas retail-shopping season.  Stores often open up as early as 4 or 5 in the morning, and shoppers often line up late the night before just to be first in line to get the best deals.

Black Friday is not the busiest retail-shopping day of the year, that honour traditionally actually falls on the Saturday just before Christmas.  And Black Friday doesn't refer to the stress and chaos of the long day due to the early opening, the long hours, the upset customers, but really refers to the accounting practice of recording losses in red ink and profits in black ink.

Most retail stores make their yearly profits only at Christmas time, running at a loss from January until November.  Therefore, around Black Friday, the beginnings of the official Christmas retail-shopping season, accounting spreadsheets finally switch from red ink for losses to black ink for profits.  And on-line sales follow on Cyber Monday.  Out of the red and into the black.

 

A. Ryan Robbins of ycopfiles.com wrote this article.  Why cop files dot com?  It's Computer Information Security articles for the Law Enforcement community!  Follow me on FriendFeed.  Track me on Twitter.  Subscribe to my News Feeds for free.  Or read the Blog Frog to learn more about me.

 

 

Copyright (c) 2006, 2008  A. Ryan Robbins.  All Rights Reserved.

 

 

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