What is the world coming to??????
Deadly Black Friday: One at Wal-Mart, Two at Toys 'R' Us
Posted Nov 28th 2008 4:56PM by Peter Cohan
Filed under: Wal-Mart (WMT)
I have always disliked the moniker 'Black Friday.' Explaining that 'Black Friday' refers to the day that retailers go from losing money to making it strikes me as awkward -- particularly when my first instinct on hearing that phrase is to think of something very bad happening on a Friday.
Which is why today's deadly events combining shopping for the holidays and death seem so strange and sad. This morning, a Wal-Mart Stores (NYSE: WMT) clerk at a store in Valley Stream, Long Island was trampled to death by a crowd of 2,000 people eager to grab bargains. "The impatient crowd knocked the man to the ground as he opened the doors, leaving a metal portion of the frame crumpled like an accordion," according to AP. If store cameras can identify who trampled the store clerk, criminal charges could be brought against them.
Later in the day, two people were shot dead at a Toys 'R' Us in Southern California. The Riverside Country sheriff's department reported an argument between two teenagers preceded the shooting. A third person, a male, apparently pulled out a gun, according to AP.
For all those who were affected by these tragedies, today is indeed a Black Friday -- regardless of whether retailers turn profitable after today's sales are totaled up.
Friday, November 28, 2008
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