Quotes
They flood the market with gold. The price of gold comes crashing down, and at the same time, the price in the stock markets comes crashing down on what is now known as Black Friday,
The most recent knowledge of the term came from the '80s when accountants of all the major retailers would say, ‘OK, before Thanksgiving, you know, perhaps we were operating in the red, we were operating at a loss, and then on this Friday, after Thanksgiving, we would just have this huge boom in all of our sales.’ And so they would go from operating in the red, at a loss, to in the positive, in the black,
As a result of controlling the supply and shrinking that supply and concentrating it just to these two individuals, the price of gold skyrocketed,
They were true ‘robber barons’ of the Gilded Age,
In the 1950s … in between Thanksgiving and what was often the Army-Navy football game on the following Saturday, particularly in Philadelphia where the game was played, the city just got overwhelmed with football fans, tourists and shoppers that were off for the weekend,
They befriended the president's brother-in-law, and they let him in on this scheme,
They both were very wealthy,
The original term Black Friday actually comes from Sept. 24, 1869,
financial adviser Bryan Kuderna told Fox News Digital It got rid of a little bit of the negativity, the connotation with that name and made it more about the sales, the excitement of the holiday season and that we're kicking it off with a Big Friday,
I would love people to be aware of where it actually came from,
People are working longer hours, often understaffed for the amount of traffic. Rarely, if ever, is there any kind of holiday bonus time,
We’re not treated like we were treated during Covid, where we used to get the ‘thank you’’s and ‘we appreciate what you do,’
The holiday is a frenzied time for shopping. Sometimes stores will extend their hours, but unfortunately workers will remain an afterthought during the holidays,
Margaux Lantelme, a retail employee at REI in Chicago, told a press conference held by the Retail, Wholesale and Department Store Union (RWDSU) to address issues they face during holiday shopping seasons You definitely notice stress for sure, people are short-tempered. There’s a lot of disgruntled attitudes flying around during this time of the year with our local customers,
said Cynthia Russo, who has worked at Bloomingdale’s in New York City for over 18 years and is a member of RWDSU Local 3. On top of being overworked during the holidays, there is also the expectation that workers remain available to operate the store at a time that everyone wants to take it easy and be with family,
We’re going to give you excellent customer service, but when you leave, you get to check those things off on your to-do list, and I have to go back to seven more hours of choosing gifts for people who are stressing,
People come to get the deals, but more importantly, they come for the excitement, the energy, the traditions surrounding Black Friday,
Jill Renslow, Mall of America's chief business development and marketing officer, said Black Friday is still an incredibly important day for retailers,
Grant Gustafson, head of retail consulting and analytics at Sensormatic, said (Store ... Stores) are very hungry for Black Friday to do well,
Marshal Cohen, chief retail advisor at market research firm Circana, said When we were checking out, people were like, ‘Where did you get that bear?’
Mr. Frazier, a 67-year-old retired teacher, recalled
