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Interesting Conversation On Black Friday - Business (3) - Nairaland

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Re: Interesting Conversation On Black Friday by dejijohns(m): 6:10pm On Nov 27, 2015
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Re: Interesting Conversation On Black Friday by daphid25(m): 6:40pm On Nov 27, 2015
Scam everywhere
Re: Interesting Conversation On Black Friday by Norajones(f): 11:40pm On Nov 27, 2015
I don't mean to sound stupid oo. But mbok wat is black friday?
Re: Interesting Conversation On Black Friday by Ediss(m): 6:12pm On Nov 28, 2015
Thanks for education me n God bless.
ExInferis:


Haha. Actually the history is very mundane. Companies make more sales during the holiday periods (from after thanksgiving all the way to Christmas eve) and thus their financial standings are " in the black" or profitable, rather than being "in the red", or a loss. The huge sales come from reduced prices.

Thus, Black Friday arose from an accounting idiom for when many companies make brisk sales.

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