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Black Friday Is Coming!
By Matthew C. Keegan, Fri Dec 9th
A day is soon coming that some folks are looking at with dread,for others in eager anticipation, while the rest of us arescratching our heads not knowing what to make of it. So, what amI talking about? Why, Black Friday, the day immediatelyfollowing Thanksgiving Day in the US. So, why so black and why on a Friday?Traditionally, the day after Thanksgiving used to mean one thingfor retailers: it was the first day in the lengthy retailingcalendar where a store could make enough money [movemerchandise] to see yearly losses [for bookkeeping purposesrepresented by the color red] turn into gains [represented bythe color black]. Supposedly, all the sales completed throughoutthe year were done at a loss until that one big day, BlackFriday, whereby enough merchandise is sold to reverse course andto begin to turn a profit for the year. Today, retailers don't rely on just one day, even though somenews reports still seem to indicate that the day afterThanksgiving is so vital to them. In reality, retailers havelong
since spread their reliance on further out;now it is an entire season, Christmas, that ultimatelydetermines whether a merchant turns a profit for the year or not.
Of course, if you are part of that one small, but significantpart of the population who must rouse themselves up at 5 a.m.one day after eating Thanksgiving dinner and schlep over to alocal retailer to wait on customers for twelve straight hoursthen the day is, understandably, black to you. Happy BlackFriday! About the author:Copyright 2005 -- Matthew Keegan is The ArticleWriter who writes on a variety of topics including:advocacy, automobiles, aviation, business, Christian themes,family, news, product reviews, travel, writing, and more.Samples from his portfolio are available right online.
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