Archive for November 28th, 2008

Black Friday Begins With a Tragedy. Who Knows How It Will End

Friday, November 28th, 2008

Black Friday is predicted to bring out 128 million shoppers, seven million less then last year. Retailers usually make 20%-40% of their gross profit for the entire year in the 3 days following Thanksgiving.

 

A worker at a Wal-Mart in New York City’s Long Island suburbs was killed when a throng of shoppers broke down the doors to the store early this morning and knocked him to the ground.The event involved a temporary employee and was “a tragic situation,” Bentonville, Arkansas-based Wal-Mart Stores Inc., the world’s biggest retailer, said in a statement. “The safety and security of our customers and associates is our top priority.”

 

It wasn’t immediately clear if any shoppers or workers have been killed during similar incidents during sales on the day after Thanksgiving, traditionally known as Black Friday.