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Will Black Friday Become Red Friday?

Posted on Nov 27, 2008 at 4:40AM


cartoon of black haired girl saying, I was dragged down by the dregs of society and all I got was a 13 inch black and white tv and a George Foreman grillHow many of you will set the alarm on Black Friday morning for 3:00 AM or camp out in front of an electronic store waiting until the doors open just to snag that one computer for which 500 other people are standing in line?  We've been there, done that, and didn't get the computer.

Black Friday, the day after Thanksgiving, historically is the biggest shopping day of the year.

Eons ago, when accounting was kept by hand, being in the black meant you were profitable. If you were unprofitable, your accounting books would show red; hence, in the red.

Black Friday is the day where many companies sales shifted from unprofitable, being in the red, to profitable, being in the black.

But will Black Friday become Red Friday?

Not to be doomsayers, but for many of the smaller boutiques and weaker larger retail players, this could be there last ditch effort to stay in business, waiting to get in those holiday dollars and be in the black.

Although we are not going to make the early morning trek to the stores on Black Friday, we are making an effort to support some of our local retailers, so that they may see Black Friday next year.

Stay tuned for Cyber Monday.

Happy Thanksgiving to all of our readers.  May you enjoy the warmth of family, friends, and mashed potatoes.


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