Tag: black friday

The Supply Chain Crisis Sarcasm – Is About To Make Everyday Black Friday

And you thought toilet paper was the only problem. I’ll hate myself if I’m right.

Story:

The owner of a New York City supermarket chain predicted the food prices will increase sharply in the coming months, with some increasing 10 percent in the next two months.

John Catsimatidis, the billionaire supermarket owner of Gristedes and D’Agostino Foods, warned that food giants such as Nabisco, PepsiCo, and Coca-Cola will prioritize raising prices on products.

“I see over 10 percent [price increase] in the next 60 days,” he said in an interview with Fox Business on Monday, adding that the trend will not drop “anytime soon.” Catsimatidis cited rising inflation and supply chain bottlenecks that are currently plaguing supermarkets and other retailers around the United States.

Catsimatidis then cautioned: “I see food prices going up tremendously” because food company CEOs “want to be ahead of the curve and the way they’re doing it is they’re dropping all promotions. They are dropping low-moving items.” 

Black Friday Bingo in 2020 – Covid-19 Shopping Hazards

I’m thinking ahead here to what might happen on this next Black Friday sale.

As I type this, stores are just starting to open up from Covid-19.  There already was a fight in a parking lot as well as and ice cream store having to close it’s doors one day after opening because the patrons harassed the workers.

Black Friday is only 2 weeks before the presidential election, so a lot of folks should be ready to fight at the drop of a (MAGA) hat.  There is your political humor because it’s fair to make fun of both sides of politics.

There are plenty of documented cases of people fighting over sale items or the last widget in the electronics section in a normal year.

This is where this post goes to down the toilet.  I have an angel on one shoulder and the devil on the other.

The angel side says hire extra security and let them in based on their arrival number and only let them in a few at a time.  This allows for social distancing and proper etiquette.  It doesn’t address cutting in line and fights outside, but my evil side is already thinking ahead.

The devil on the other shoulder says put a couple of jumbo TVs and other desirable stuff for $25 (and not available online) and let everyone in at once.  Then, sell the video on pay-per-view and see who the champion is.  The depravity of humans is bound to show it’s ugly face and it would be a sellout.  Watching the PPV would be better than the actual bargain.  You’ll get some Darwin award winners in this scenario.

I know that reality is somewhere in between these two, but it’s not lost on me that it will be different this year.  As I write down my thoughts, I’m wondering what store executives are planning given that a lot of stores make their profit numbers for the year in the last 2 months.  They already are so deep in the red that even holiday sales may not save them.

Times are changing and so will Black Friday this year.  I rarely buy pay-per-view on a real fight, but would consider this one.

Come back the last week in November and see if I’ve purchased the video of the fight, or if some clever marketing person has figured this out.