Blaque Friday sales hit record!!!

[PICK3]

Go Barry Go!

Black Friday sales hit record: report - Nov. 26, 2011



NEW YORK (CNNMoney) -- Preliminary reports for Black Friday indicate that retailers may have seen their strongest sales ever during the all-important kick-off to the holiday shopping season.

 

[TableFun]

Suck on that OWS

 

[lartinos]

Black Friday sales do not necessarily mean a successful monetary shopping season.
It could just mean people are poor and need the deals in order to even afford things.
Now that the deals are gone will be the real test.

 

[nangiggles]

Black Friday sales do not necessarily mean a successful monetary shopping season.
It could just mean people are poor and need the deals in order to even afford things.
Now that the deals are gone will be the real test.

exactly, hubby's bday is in dec so what we bought is his bday AND christmas present

 

[jester72]

I can tell you that here in Central New York, our local Wal-Mart had just about EVERYTHING advertised for Black Friday over 24 hours later. A good friend of mine is the Asst. Manager, and he told me that they were extremely disappointed with sales, and were nowhere near their corporate projection.

I live in a very stable economy as well. We did not take a hit when the housing bubble burst, and home values actually increased, albeit small percentages. Unemployment here is also significantly lower than national average as well.

Maybe we're the anomaly, but at this point, I don't know if I buy it. I want to see figures for the entire Christmas shopping season, then I MIGHT be sold on a somewhat recovering retail economy.

 

[nangiggles]

even big ticket items like the $198 laptop, $99 Wii and the $200 40"?

 

[jester72]

even big ticket items like the $198 laptop, $99 Wii and the $200 40"?

The Wii and 40" TV were gone. They DID have the $198 laptop (quite a few) as well as 1/2 a PALATE of $398 desktop computers, that included a 20" flat panel monitor. (Dual core, 4gb RAM, etc). They also had what would have amounted to 4 dull displays of XBox 360 and PS3 games, as well as 3 full displays of Blu Ray and standard DVD's from $5-$13. I think they even had 1 or 2 of the sale GPS units left as well.

I was amazed really. I even went to the mall with my wife (to appease her) from noon-3 or so, and we both commented about how slow it seemed for a Black Friday.

 

[PICK3]

Black Friday sales do not necessarily mean a successful monetary shopping season.
It could just mean people are poor and need the deals in order to even afford things.
Now that the deals are gone will be the real test.

^^^
sumthing flawed in that unless "things" include food and clothing

are the poor entitled to Wii & big flat screens

 

[cindylou]

I was amazed really. I even went to the mall with my wife (to appease her) from noon-3 or so, and we both commented about how slow it seemed for a Black Friday.

I noticed that too. No one was out shopping. It was the slowest Black Friday I've seen in ten years.

Nordstrom and Dillards were not open until 9 and Nordstrom didn't even have holiday decorations. I like that, shit was getting out of control.

 

[machine23]

I noticed that too. No one was out shopping. It was the slowed Black Friday I've seen in ten years.

Nordstrom and Dillards were not open until 9 and Nordstrom didn't even have holiday decorations. I like that, shit was getting out of control.

Same here! Me and my GF were saying how Macy's, Bloomingdales and few other stores were quiet. It was mayhem last year for me. I read tht article somewhere else but I would like to do my research and see if that's actually true. I call bullshit. The EU is pretty much gone, banks are bracing for the collapse, we're next..

 

[nangiggles]

my local Macy's was really full of people and sold out on some items I wanted,everything was moving really nicely her ein stores and malls

 

[samoth]

I've been meaning to invest in retail, but I'm not sure how they valuate the companies outside of same store sales.

Okay, so BF was 7-9% higher YOY. What do, e.g., Macy's books look like YOY?

And lol @ the guy saying the EU's going to collapse. They were saying the same thing about the US three years ago. OMG THE WORLD IS ENDING REPENT NOW ALL YE SINNERS DEATH DOOM DESTRUCTION!

 

[nangiggles]

the lower the Euro falls the better for me....my school debt is in Euro

 

[ceo]

what recession???? WHAT?!

 

[shirlene29]

friday sales at the dealership were incredible....
then saturday came, we didn't sell a single freakin car..not one.
we usually sell about 5 with an average price tag of 40k and have another 5 deals started for monday deliveries.
I live and work in a bizarre demographic tho

eta; and by average I mean median

 

[PICK3]

Cutter's was rawking!

 

[samoth]

the lower the Euro falls the better for me....my school debt is in Euro

Depends on where you live. The Colon is pegged at like over 10% inflation, so you don't want to get paid in that currency if you're paying off debt in Euros.

The USD and Euro are pretty similar, so unless you're doing some funky currency hedging, the temporary incontinuities in the Euro aren't going to allow you to profit short-term disparities.

 

[nangiggles]

Depends on where you live. The Colon is pegged at like over 10% inflation, so you don't want to get paid in that currency if you're paying off debt in Euros.

The USD and Euro are pretty similar, so unless you're doing some funky currency hedging, the temporary incontinuities in the Euro aren't going to allow you to profit short-term disparities.

$1.59 per Euro is what it was when my debt started $1.33 is what it is today, $1.19 is the lowest it's been in those last 3 years(June of 2010).

My debt originally E11000 = $17490
My debt now E11000 = $14630
My debt June last year E11000 = $13090