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originally posted by: toysforadults
show us in the charts what retails sales wear weak?
Many will spend less due to their view of the economy....While over half (60%) of holiday shoppers say their perception of the economy will not affect how much they spend on gifts this year, 3 in 10 (30%) say they’ll spend less because of it. For perspective, that’s 66 million Americans who are tightening their purse strings in response to their perception of the economy.
In-store traffic on Black Friday fell 2.1% compared to the same day last year, while in-store sales fell 1.6%, according to preliminary data from RetailNext, a San Jose-based retail analytics company.
originally posted by: DictionaryOfExcuses
My family is intentionally spending a mere fraction of what we might have in past years. We all put our heads together and decided that - while we are still giving the little one's Christmas - we're under no obligation to go spend gobs of cash. I never want anything for Christmas except peace and quiet with my family. Maybe some deviled eggs.
If I'm honest, the empty ritual of holiday spending & consumption has done nothing but get me down since I was a teenager. I'm all for building interpersonal bridges via gift-giving. I just think it's mostly a rote exercise and it feels stupid, and there's something particularly gross to me when the talking heads get starry-eyed and giddy talking about sales numbers.
Just my feelings on the matter.
originally posted by: cenpuppie
Nah, your right.
Have you heard anything about the Black Friday or Cyber Monday sales? It's been dismal across the board and people are hoping that Christmas will bail out retailers but that isn't looking to good either.
The economy is grinding to halt but as long as that stock market goes higher, its all good.
New York (CNN)This year's Black Friday shaped up to be the biggest yet. Americans spent $7.4 billion online on Black Friday and $4.2 billion on Thanksgiving Day.
With Thanksgiving landing six days later than last year, retailers amped up their advertising and served up deep discounts on items such as appliances, sporting goods, televisions, consumers and toys, according to Adobe Analytics.
"We've got a shorter holiday selling season," Jason Woosley, Adobe's vice president of commerce product and platform, told CNN Business earlier this week. "That's creating a compression effect."
Consumers spent $11.6 billion online over the two days. Friday was also the biggest day ever for mobile sales, as $2.9 billion came from smartphones. People are getting more comfortable with buying online and on smaller screens.
originally posted by: Subrosabelow
Working at the Wall of Marts, we did a massive amount of business starting with the week of Black Friday and it's been steady ever since. We also do Ship to Store online sales for the WM website and that's been insanely busy as well. I'm expecting a huge crash after December though since the oilfield is dead here in Alberta and unemployment is up as well as cost of living.