The conversation between human and AI assistant.
Why is black friday called so?
I was wondering if you could explain to me why Black Friday is called so?
Sure, Black Friday is known as the day after Thanksgiving where retailers offer great deals and sales to encourage shoppers to start their Christmas shopping early. But the exact origin of the name is disputed. Some believe it comes from the accounting practice of recording profits in black ink, while losses are recorded in red ink. So, Black Friday is when retailers start turning a profit for the year. Others think it’s because of the heavy traffic and chaos that happens on that day, making it a black day for police officers and drivers.