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Author Topic: I'm a little confused...
geekygoddess
Highlie
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Icon 1 posted December 01, 2008 05:26      Profile for geekygoddess     Send New Private Message       Edit/Delete Post   Reply With Quote 
As I listened to the news on the way to work this morning, I heard that this years Black Friday sales were better than the past four years. This year alone they were up 7.2%, that is HUGE! I thought we were in a recession? Where is the money coming from? I mean, I am sure if people are charging it, they can just ask for a bail out as well.

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"It is better to press ones shirt, than ones luck"- Confucius

Posts: 661 | From: Edinburgh, United Kingdom | Registered: Mar 2008  |  IP: Logged
TMBWITW,PB

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Icon 1 posted December 01, 2008 07:24      Profile for TMBWITW,PB     Send New Private Message       Edit/Delete Post   Reply With Quote 
Stores were also giving much bigger discounts on Black Friday this year than in previous years. It might just be that people were doing all of their shopping on Friday and skipping the rest of the shopping season. We won't get a good picture of what's going on until after it's over I think.

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"Beauty is in the eye of the beholder and it may be necessary from time to time to give a stupid or misinformed beholder a black eye."
—Miss Piggy

Posts: 4010 | From: my couch | Registered: Oct 2002  |  IP: Logged
dragonman97

SuperFan!
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Icon 1 posted December 01, 2008 07:30      Profile for dragonman97   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
True, but with these insane sales, people who are trying to find ways to do more with less are likely capitalizing on heavy discounts. To me, the really stupid thing with these discounts is that the margins are shaved big time, and I really don't see the retailers thriving long term.

I'd like to say that I don't care about that, as I loathe this obsession with consumption...but I recognize that it's still an important part of our economy. As such, I'd rather sensible expectations were held, and sales that make sense were held...at sane hours, and not inviting mayhem and bloodshed.

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There are three things you can be sure of in life: Death, taxes, and reading about fake illnesses online...

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Colonel Panic
BlabberMouth, the Next Generation
Member # 1200

Icon 1 posted December 01, 2008 21:04      Profile for Colonel Panic         Edit/Delete Post   Reply With Quote 
GG,

These figures can be skewed by accounting methods.

For example, are they accruing medical, funeral and flower sales for those people who were killed or wounded during this season's opener?

CP

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Posts: 1809 | From: Glacier Melt, USA | Registered: Mar 2002  |  IP: Logged


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