Black Friday (shopping) the holiday season, beginning on the day after Thanksgiving. When this was recorded in the financial records, once-common 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 when retailers would no longer be "in the red", instead taking in the year's profits. The earliest known published reference to this explanation occurs in "The Philadelphia Inquirer" for November 28, 1981. In 2013, an internet rumor alleged that the phrase originated in the American south before the Civil War, from the practice of
Black Friday (1921) part. Williams was expelled from the Communist Party following this. In 1925, when the government agreed to grant a temporary subsidy to the mining industry so as to avoid wage reductions, the day on which the decision was announced became known as "Red Friday", in imitation of Black Friday. Black Friday (1921) Black Friday, in British labour history, refers to 15 April 1921, when the leaders of transport and rail unions announced a decision not to call for strike action in support of the miners. The epithet 'black' derives from a widespread feeling amongst labour radicals that the decision amounted