Huffington Magazine Issue 25 | Page 30

Voices stores putting profits ahead of people. The fact is that far too many consumers — post-weekend surveys estimated 247 million shoppers in person and online — are and were willing to shop during the extended hours, camp out, stampede and even trample and steal from each other for retailers to turn their backs on the windfall, or risk it going to competitors, so the trend of opening early becomes a necessary competitive strategy. Companies facing criticism for “taking advantage of employees” can make the strong case that by meeting consumer demand they are actually taking better care of their employees, avoiding layoffs and pay cuts, particularly in a weak economy. In addition, stores were projected to hire approximately 300,000 temporary seasonal workers to meet the increased demand. Retailers are not the only ones who benefit from maximizing holiday sales revenue. Others include the workers — both regular and seasonal — who count on the extra pay in order to provide for their families. Shareholders who own stock in companies that make a third of their profit in the last sixth of the year benefit from those returns. The sales JOHN FRIEDMAN HUFFINGTON 12.02.12 taxes generated during Black Friday support local communities as well as federal government programs. Some advocates promote online shopping as the “best of all worlds” option, with consumers able to price compare and shop from the comfort and convenience of their holiday homes, while in- Companies facing criticism for ‘taking advantage of employees’ can make the strong case that by meeting consumer demand they are actually taking better care of their employees.” store employees remain in theirs; but as the percentage of shoppers who hunt bargains on the internet increases, the number of employees — both regular and seasonal — who count on the extra money by working holidays will decrease. And the issue of sales taxes further complicates the equation. With far more elements supporting expanding holiday shopping than resisting it, there is reason to believe that we will see a continuing erosion of our holidays.