0 people like this thread
Staff pick
worst Christmas sales season in years?
by Roger NC 
- 12/27/12 4:17 AM
Sandy was a probably a lot.
The school shooting may have dampened enthusiasm.
Fear of the fiscal cliff, esp drummed into everyone every news cast, probably had as much to do with as either did. Maybe no more, but probably as much.
Total posts: 7 (Showing page 1 of 1)
From what was aired on news I saw yesterday
by Steven Haninger - 12/27/12 5:27 AM
In Reply to: worst Christmas sales season in years? by Roger NC
it was just that sales didn't increase by as much as in years past. They didn't decrease either. The report also said that final figures were not in. In any event, it won't change my plans for today or tomorrow.
As I understand it, about 50% of the year's sales occur
by Ziks511 - 12/27/12 8:15 PM
In Reply to: worst Christmas sales season in years? by Roger NC
between Nov. 20 and the end of December. Perhaps it is saging this year because of Sandy, and general economic unhappiness. It is to be hoped that it will pick up in a year or two as the worst of the depression lifts. Always assuming it does that is.
Rob
ironically, preparing for such can also insure such
by Roger NC - 12/29/12 8:18 AM
In Reply to: People are preparing instead by TONI H
at least short term.
Don't get me wrong, people need to consider the near future probabilities as well as long term. For several decades we, Americans, have ignored planning for the future too often and too much. Some live paycheck to paycheck because it takes everything to get by. Others do it because they're not willing to wait for anything. Probably all of us have bought something sometime that cost more than we should have spent at that time. Too often the last 40 years people bought whatever whenever it struck their fancy, by any means available, even borrying to pay off loans.
It is true too that too much caution and fear will cause people to cut back so much the fear is self-fulling. Frugality can cause sales to decrease to the point that layoff occur, more people spend less, and spiraling begins.
That said, I can't fault anyone, indeed encourage people to try to save a little more. I've noticed the recommendation for emergency funds seems to have changed from 6 months income to 8 months lately by tv experts that supposely know more than you and I. Of course, they make their money because people believe they have the answer.
What do you expect?
by Diana - 12/31/12 6:31 AM
In Reply to: As I understand it, about 50% of the year's sales occur by Ziks511
The newies are talking about going over the fiscal cliff and the typical family will be paying about $3500 more in taxes and the ss going up and farmers and others losing their subsidies and extended unemployment disappearing and so forth and so forth and so forth. Did retail and the government really expect them to make Christmas a big blowout?
Diana
Total posts: 7 (Showing page 1 of 1)
Unread
Read
Locked thread
Moderator
CNET Staff
Samsung Staff
Norton Authorized Support Team
AVG Staff
avast! Staff
Webroot Support Team
Acer Customer Experience Team
Windows Outreach Team
Dell Staff
Intel Staff
Question
Resolved question
General discussion
Tip
Alert or warning
Praise
RantYou are e-mailing the following post: Post Subject
You are reporting the following post: Post Subject
You are posting a reply to: Post Subject
Save with State Farm® Insurance