Posts filed under “Consumer Spending”

“Han Solo” DL-44 Blaster from Star Wars Up For Auction

I am working on my list of holiday shopping ideas for Traders, and came across this auction:

Lot 379: Harrison Ford “Han Solo” DL-44 Blaster from Star Wars: The Empire Strikes Back & Return of the Jedi. Starting bid is $200,000, but there are no takers (yet) . . .

I would that that was a $20-30,000 item, but then again I am not an insatiable billionaire collector.

 

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Category: Consumer Spending, Film

The Innumeracy of the Media Has Not Been Greatly Exaggerated

One would hope that after a decade of people lamenting the poor reporting of Thanksgiving weekend retail data, the news media might learn to do better. Yet we see few if any signs that reporters understand the misleading press releases put out by the retail industry and its flacks. The innumeracy of the media has…Read More

Category: Consumer Spending, Financial Press, Really, really bad calls

Media Hall of Shame: Black Friday Reporting

I am writing up my BBRG coverage of the innumerate business reporting of Black Friday and the holiday shopping weekend. The press as per usual got it wrong again this year. Here is the press release from the  NRF, pushing their usual survey silliness as if it were actual retail sales data: “More than 141…Read More

Category: Bad Math, Consumer Spending, Data Analysis, Financial Press, Really, really bad calls

WaPo: Beware Bad Shopmas data!

> My Sunday Washington Post Business Section column is out. This morning, we look at the retail theater that is Black Friday:  Beware of bad Shopmas data! Here’s an excerpt from the column: “The news media aren’t any better. They breathlessly cover shopping as if it were an Olympic event. The big-box retailers play right…Read More

Category: Apprenticed Investor, Consumer Spending, Really, really bad calls, Retail

Ignore the Black Friday “Giant Hypefest & Consumer Orgy”

Source: Yahoo Finance

Category: Consumer Spending, Media, Retail

Enjoy Black Friday But Ignore NRF Surveys

Thanksgiving is but a few days away. We celebrate by the giving of thanks for whatever bounty has come your way. It is a warm and wonderful holiday full of family and tryptophan and good cheer. Black Friday, the day after turkey day, is the official kick off of the season I like to call…Read More

Category: Bad Math, Consumer Spending, Really, really bad calls

Consumer Psychology & eCommerce

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ecommerce

 

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Category: Consumer Spending, Digital Media, Psychology

Jay-Z Penney

Jay-Z faces pressure to end his partnership with Barneys over racial profiling, but Larry Wilmore sees selling out as a sign of progress.   Shopping While Black The Daily Show Get More: Daily Show Full Episodes,The Daily Show on Facebook TDS, November 6, 2013 (06:45)

Category: Consumer Spending, Really, really bad calls, Television, Weekend

Blockbusters

Excerpt “According to Nielsen, from data provided by managers at Nielsen SoundScan, which collects recorded-music sales information, of the eight million unique digital tracks sold in 2011 (the large majority for $0.99 or $1.29 through the iTunes Store), 94 percent – 7.5 million tracks – sold fewer than one hundred units, and an astonishing 32…Read More

Category: Consumer Spending, Data Analysis, Music, Think Tank

Luxury Item Investing Returns

Fruits of Passion Click for interactive chart Valuables Source: Economist     I love that classic car investing has trounced Art, Coins, Wine and Equities !    

Category: Consumer Spending