Yesterday, I noted the Good — Not Great — Holiday Shopping Season.
Today, I want to delve into this a little more: The NYT reported that the nation’s merchants trotted out deep discounts
before Christmas, and lured enough last-minute buyers to deliver "decent, if unspectacular, sales gain of 3.2 percent in December."
Let’s tack on one more prediction for the holiday shopping season ’05: Margins were
significantly pressured by discounting. That may show up as a negative in the Q4 earnings season
for retailers, which starts in about 3 weeks.
Courtesy of NYT
Now we wait for the gift card recipients to shop — they will put the Coda on the holiday shopping season for 2005 . . .
Retailers Find Little to Cheer
NYT, January 6, 2006
December chain store sales up 3.2 percent
Shopping Centers Today
International Council of Shopping Centers, January 05, 2006
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.