Gray Friday – Integrity Moments – November 29

Gray Friday

According to balance.com, the first person to reference the day after Thanksgiving as Black Friday was Earl Apfelbaum in 1966. Earl claimed that the Philadelphia Police called it Black Friday because of massive traffic jams and overcrowded sidewalks.

Now, decades later, many department stores are closing, and in-store sales are declining, Black Friday is becoming more of a Gray Friday as people migrate online. Bricks and mortar stores are having to become creative and develop online strategies as well, or otherwise face failure.

Proverbs 22:3 says, “The prudent see danger and take refuge, but the simple keep going and pay the penalty.”

If you’re in a retail business, don’t get stuck addressing only today’s challenges. Determine the viability of your business model and make the necessary adjustments.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.