Most companies have a fiscal year ending in December, so it’s mostly just about getting that last boost of sales before the end of the year.
https://www.seattletimes.com/nation-world/franklin-roosevelt...
“Public opinion split along political lines. A Gallup Poll showed Democrats favored the switch 52% to 48%, while Republicans opposed it 79% to 21%.”
I'm entirely uninvested in the US culture war, but it's good to see something on the positive side of the ledger.
The reference to being 'in the black' was invented afterwards to try and make the name seem more positive.
That day originally became a popular day to start Xmas shopping because a lot of people took that day off, since Thursday is a federal holiday, but the actual Thanksgiving festivities were over.
That seems totally related to me…
Technically, it might be correct to say that anything not yet sold is “unsold inventory”, but that would have the same meaning and simply saying “inventory”, so adding “unsold” gives the additional implication that it’s unsold for a reason (i.e. it’s old stock, etc.)