agoodwinsmith: (Default)
[personal profile] agoodwinsmith
 Are we never going to get to actual Black Friday?

The ads have been going on for three weeks - even in Canada.

Stop stop stop.  I don't believe in the power of sales anymore.  I haven't believed in Santa Sale for ages.


The news is always trying to make me feel sorry for retail because they can only break even with their transactions at the end of the year.  Every strike is described as the act of retail heretics - steeling their hearts against the plight of the poor little shopkeeper.  Bah.  It has nothing to do with international corporate convenience, of course not.  Hah.

Date: 2024-11-29 12:44 am (UTC)
armiphlage: Ukraine (Default)
From: [personal profile] armiphlage
If a company covers all its expenses in 11 months, and the 12th month is profit, and revenue is equally distributed, that's more than an 8% profit margin. That's better than airlines, insurance companies, trucking, and even Hollywood. Factor into account that retail sales boom in December, and you're doing better than pretty much every industry outside of tobacco.

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