Comments on: In Stock! Bad Holiday Sales Forecasts

By: Ed Sanders

Ed Sanders — Tue, 01 Dec 2009 05:40:12 +0000

Be sure to listen for the rise in same store sales. Of course there are fewer stores….

Dean Baker noted this a few weeks back.

By: schodack

schodack — Mon, 30 Nov 2009 20:59:07 +0000

At first read, I was mightily amused by the term “narrative loving monkeys,” but upon reflection, I must object to this unnecessary disparagement of monkeys!

By: Jojo

Jojo — Mon, 30 Nov 2009 18:55:17 +0000

I’ve always wondered about the how so many people know what they spent last year on holiday gifts. In my experience, 90% of the population couldn’t tell you what they spent last week, let alone last year!

By: Mark E Hoffer

Mark E Hoffer — Mon, 30 Nov 2009 17:08:01 +0000

AmenRa,

one might think so, but, in actuality, ‘holiday gift buying’, per the Author of “Scroogenomics”, is, rather, a Necessity–ranked just after Food, Clothing, and Shelter..

“Santa Claus”, truly, is one of the last to ‘feel the Arrows’..

see http://www.booktv.org/Program/11059/Scroogenomics+Why+You+Shouldnt+Buy+Presents+for+the+Holidays.aspx
for further, and vid clip..

past that, I will say ashpelham2 might want to check into the next wave of RRE resets, coming to a town near you, beginning in ‘010–they’ll, at the minimum, give ‘Hang Ten’–a whole new meaning..

By: Market Talk » Blog Archive » Ingredients Aren’t There For Merry Retail Season

Mon, 30 Nov 2009 16:34:16 +0000

[...] also know savings are up, unemployment is up and consumer confidence is down,” he writes at The Big Picture. “Hardly the basis for a very merry retail [...]

By: AmenRa

AmenRa — Mon, 30 Nov 2009 16:13:43 +0000

More people are out of work. So I think it will be worse. Right now people are reducing the amount of gifts to buy. If unemployment continues higher then holiday gift buying will be the last thing on folks mind.

By: ashpelham2

ashpelham2 — Mon, 30 Nov 2009 15:37:13 +0000

I’m interested, Flipspiceland. Why would you predict that ‘10 xmas will be worse than xmas ‘08 (and by default, worse than this year)?

I think we are in for a few years of flat to only moderate increases in sales. Gone are the halcyon days of spending till your eyes pop out. We will look back on the “Roaring ’00’s with envy one day.

By: flipspiceland

flipspiceland — Mon, 30 Nov 2009 15:03:13 +0000

I’m more intersted in Christmas sales forecasts for Xmas 2010.

I’ll go out on a fragile limb and predict an even worse year than Dec, 2008.

Where do we file these things for, ‘told you so’?

By: Onlooker from Troy

Onlooker from Troy — Mon, 30 Nov 2009 14:19:16 +0000

Excellent stuff Barry. Really, the idea of surveying Americans, demonstrably the worst budget-ers on earth, to get their precise budget for this season of impulse buying on steroids; well that’s just absurd.

By: Mark E Hoffer

Mark E Hoffer — Mon, 30 Nov 2009 13:37:02 +0000

“In Stock! Bad Holiday Sales Forecasts” -title of Post, above

BR,

nice pun!~ within which, we’d find all we’d need to know about the existence of said: “Bad Holiday Sales Forecasts”

(clue: Pump n’ Dump, you know, the Micro- vers. of Ramp n’ Crash)
or, differently, a little Soma, can go a Long way..