Live News Update’s

Black Friday 2010

Black Friday 2010 is the Friday after Thanksgiving. Falling as early as the 23rd and as late as the 29th of November. Black Friday is not an official government holiday but many employees do receive the day off. The increased number of shoppers creates the busiest shopping day of the year. To accomodate the rush, many retailers open as early as 4am and offer “loss leaders” and limited quantity sales to entice people to their stores.

The term “Black Friday 2010” has two meanings. In the 1960′s, “Black Friday” was used by police in Philadelphia in reference to the heavy traffic on that day. Prior to that, “Black Friday” was set to mark the first day that a retailer had sold through enough inventory and turned a profit , putting them “in the black” according to the old by-hand accounting system of using black ink to indicate a profit and red ink to indicate a loss.