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Bleak Friday

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Communications agency strat-igence adds former corporate exec as president

By Eric Strauss
August 18, 2017 01:34 PM

Chester strategic communications agency strat-igence announced recently that it has named a former corporate executive as its new president. CONTINUE READING

BAYADA Home Health Care names CEO

By Emily Bader
August 17, 2017 01:20 PM

Moorestown-based BAYADA Home Health Care announced Thursday it has appointed David Baiada as its CEO, succeeding his father and company founder Mark Baiada, who is transitioning to the role of chairman. CONTINUE READING

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Roka Bioscience to sell assets to IEH for $17.5M

By NJBIZ STAFF
August 17, 2017 10:53 AM

Warren-based Roka Bioscience Inc., a molecular diagnostics company, announced Thursday it has entered into an asset purchase agreement with Rokabio Inc., a newly-formed, wholly-owned subsidiary of Institute for Environmental Health Inc., for the sale of substantially all the assets of Roka Bioscience for $17.5 million. CONTINUE READING

Beavex inks lease in East Rutherford

By Mario Marroquin
August 17, 2017 01:57 PM

Commercial real estate firm NAI James E. Hanson announced it has brokered the leasing of 24,488 square feet at 343 Murray Hill Parkway in East Rutherford. CONTINUE READING

Chubb names North American house counsel manager

By Emily Bader
August 17, 2017 01:39 PM

Whitehouse Station-based Chubb announced Wednesday it has named Liz Daly senior vice president and house counsel manager for its North American claims organization. CONTINUE READING

Weichert Commercial Brokerage announces new VP

By Mario Marroquin
August 17, 2017 01:25 PM

Commercial real estate brokerage firm Weichert Commercial Brokerage recently announced Faith Miller has joined the firm’s Edison office to serve as vice president. CONTINUE READING

House of Wine & Liquor adds location in Woodbridge

By Mario Marroquin
August 16, 2017 12:27 PM

CONTINUE READING

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EDITOR’S NOTE: If you’re the kind of person who passes up on after-dinner coffee on Thanksgiving so you can run out and park in front of Best Buy to save $70 on an outdated Blu-Ray player that’s been on the shelf for 14 months with no hope of being sold without the gimmick of a midnight doorbuster, today’s blog isn’t for you.

Well, another Thanksgiving is upon us, and with it, of course, is Black Friday, which I prefer to call Loss Leader Friday, both because it’s a chance for retailers to unload crap they couldn’t sell all year and because you have to be a loser to spend a night in the frigid cold waiting to fill the hole in your life with a new Xbox at a slight discount.

Still, it’s an important moment for retailers, who get to clear out their shelves of unwanted stuff at a discount so they can bring in shiny new things that people actually want, only those will be discounted as well, since everyone knows the best sales are the week before Christmas. We can only hope there won’t be a body count this year.

But all is not well in the world of gigantic retailers. Wal-Mart Stores Inc. is fending off a strike as workers protest being forced to work on Thanksgiving. Of course, this is just the natural order of things. Black Friday sales aren’t impressive enough, so you stretch it out a few hours by bleeding it into Thanksgiving. It’s the same reason major shopping malls have Santa visiting before the Columbus Day sales start.

I don’t attempt to relay complex topics in this blog so much as I go for cynical and sarcastic laughs, so if you want the backstory, here’s a good place to start. But the situation got me thinking about my other favorite pastime, you know, besides insulting professional bargain-hunters: professional ice hockey, which of course is locked out. The owners and players’ union can’t figure out how to split a $3 billion pie, so two months of games have been wiped out and many players have taken off to Europe to play.

The average NHL salary, according to Forbes, is $2.4 million a year. There were no U.S. games scheduled for Thanksgiving; a game between two Canadian teams was canceled because of the lockout. The average wage of an hourly cashier at Walmart is about $8.50 an hour. One of these parties has every right to call attention to the labor plight it faces. The other plays a game for a living, and is doing the same now.

Just something to think about, whether you spend the weekend shopping or pining for hockey.

I’m even more irreverent on Twitter @joe_arney.

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Bleak Friday

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Back to Top Comments Email Print

Latest News

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EDITOR’S NOTE: If you’re the kind of person who passes up on after-dinner coffee on Thanksgiving so you can run out and park in front of Best Buy to save $70 on an outdated Blu-Ray player that’s been on the shelf for 14 months with no hope of being sold without the gimmick of a midnight doorbuster, today’s blog isn’t for you.

Well, another Thanksgiving is upon us, and with it, of course, is Black Friday, which I prefer to call Loss Leader Friday, both because it’s a chance for retailers to unload crap they couldn’t sell all year and because you have to be a loser to spend a night in the frigid cold waiting to fill the hole in your life with a new Xbox at a slight discount.

Still, it’s an important moment for retailers, who get to clear out their shelves of unwanted stuff at a discount so they can bring in shiny new things that people actually want, only those will be discounted as well, since everyone knows the best sales are the week before Christmas. We can only hope there won’t be a body count this year.

But all is not well in the world of gigantic retailers. Wal-Mart Stores Inc. is fending off a strike as workers protest being forced to work on Thanksgiving. Of course, this is just the natural order of things. Black Friday sales aren’t impressive enough, so you stretch it out a few hours by bleeding it into Thanksgiving. It’s the same reason major shopping malls have Santa visiting before the Columbus Day sales start.

I don’t attempt to relay complex topics in this blog so much as I go for cynical and sarcastic laughs, so if you want the backstory, here’s a good place to start. But the situation got me thinking about my other favorite pastime, you know, besides insulting professional bargain-hunters: professional ice hockey, which of course is locked out. The owners and players’ union can’t figure out how to split a $3 billion pie, so two months of games have been wiped out and many players have taken off to Europe to play.

The average NHL salary, according to Forbes, is $2.4 million a year. There were no U.S. games scheduled for Thanksgiving; a game between two Canadian teams was canceled because of the lockout. The average wage of an hourly cashier at Walmart is about $8.50 an hour. One of these parties has every right to call attention to the labor plight it faces. The other plays a game for a living, and is doing the same now.

Just something to think about, whether you spend the weekend shopping or pining for hockey.

I’m even more irreverent on Twitter @joe_arney.

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