WSC wrote:
Don't let those folks fool you. They're definitely not in the red or losing money up until black friday. They're making a plenty of money. A business would have to be pretty stupid to operate all through the year, while being in the red with hopes that a day called black friday is going to get them out the hole. There are lots of pitiful, gullible people out there though that actually believe this mess.
I worked in retail accounting for a major corporation for 15 years in the 70s and 80s. This is indeed a fact and that’s why you see many retail operations close up shop after the Holiday Season. Most retail profits happen from Black Friday until Christmas. Believe it or not.