Time (November 19)
2012/ 11/ 20 by jd in Global News
Thanksgiving Day falls on the fourth Thursday in November in the U.S. The following day is traditionally known as “Black Friday” because the accounts of many retailers move from red ink to black ink as they reach profitability for the year. To maximize revenues, Black Friday sales have been creeping up, with stores opening earlier and earlier. Now many are opening on Thanksgiving Day, creating a “new class divide:” those who do and don’t work on Thanksgiving. “Perhaps it’s time for shopping moratoriums so that everyone can give thanks, instead of just those who have more to be thankful for.”
Tags: Black Friday, Class divide, Retailers, Thanksgiving, U.S.
