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Retail Disaster: Holiday Sales Crater by 11%, Online Spend Declines
Zero Hedge ^ | 11/30/2014 | Tyler Durden

Posted on 11/30/2014 5:16:39 PM PST by SeekAndFind

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To: jsanders2001

That’s right; with so much being spent on essentials, there is little left over.

This won’t improve any time soon, either; the dynamics behind it (outsourcing of jobs and importing of cheaper labor for both blue- and white-collar jobs) aren’t letting up.


21 posted on 11/30/2014 5:33:32 PM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Marie Antoinette

Sounds like the best kind of Christmas....blessings to you, your hubby...and your 9 children :-)


22 posted on 11/30/2014 5:34:19 PM PST by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: All

Customers are smarter. They know that the stuff they want will be marked down more and more until the beginning of the year. I usually shop in January and spend considerably less for children’s clothes and shoes. Retailers would be wise to rethink their pricing strategies as online shopping becomes the choice of more people.


23 posted on 11/30/2014 5:34:22 PM PST by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: fatnotlazy

I’m wondering if the threat of protesters made people think twice about going out.


24 posted on 11/30/2014 5:34:32 PM PST by Excellence (Marine mom since April 11, 2014)
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To: fatnotlazy

“And if they don’t, they can just go to Ferguson and loot a store.”

No, Ferguson is boycotting capitalism that’s why sales are down 11%! lol


25 posted on 11/30/2014 5:35:45 PM PST by jimmyo57
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To: SeekAndFind

A lot of us do not have the money. I’m running about as thin at this point this year that I’ve been in a long time. I haven’t donated yet to the FReepathon and when I do tonight I’ll only be able to donate half of what I’ve done in prior FReepathons.

My message to liberals. Your messiah and his Democrat hack allies have F’d things up royally, the economy is in a shambles, people do not have money and and a stock market inflated on money printed out of thin air is NOT prosperity.


26 posted on 11/30/2014 5:36:05 PM PST by A message
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To: kearnyirish2

we have a shopping center (had a grocer and a drug store and a couple dozen little shops)..... that the owner has remodeled ... he then raised the rent 600%. (!)
most of the stores now are small restaurants ... not selling any goods or services, just chow houses.

people are willing to buy lunch. there’s almost no merchandise selling, however. Some of that is on sale online, of course, but still its discouraging to see so many small merchants and service providers (shoe repair guy, vet, dentist, laundry... come to mind) go down in the bad economy.


27 posted on 11/30/2014 5:36:26 PM PST by faithhopecharity ((Brilliant, Profound Tag Line Goes Here, just as soon as I can think of one..))
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To: SeekAndFind

See. Obama’s economy is a roaring success. People have so much they don’t even want to buy more.

[/s]


28 posted on 11/30/2014 5:37:32 PM PST by TomGuy ( n)
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To: SeekAndFind
Retail Disaster: Holiday Sales Crater by 11%, Online Spend Declines: NRF Blames Shopping Fiasco On "Stronger Economy"
29 posted on 11/30/2014 5:39:05 PM PST by blam (Jeff Sessions For President)
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To: faithhopecharity

Actually, what I noticed is the quality of the product is down significantly.

I am not spending even $10 on a jersey shirt that is as thin as what is already in the rag bag at home.


30 posted on 11/30/2014 5:39:17 PM PST by EBH (And the angel poured out his cup...)
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To: SeekAndFind

Glad to see it. People need to be paying down their debt and preparing for the looming economic collapse, versus buying the latest piece of electronics to come down the pike.

And I’m in Retail! It’s going to be a Skinny Christmas in THIS household, I tell you what.

Something you NEED, something to READ and something to EAT.

And a lump of coal in your stocking that will immediately be put to good use in the furnace! :)


31 posted on 11/30/2014 5:39:40 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: SeekAndFind

If Americans were smart they’d do kind things for others at Christmas instead of buying worthless Chinese trash from big box stores that can’t keep your private info private. Save your money and retire early.


32 posted on 11/30/2014 5:41:55 PM PST by apoliticalone (Politicians work for their own self interest and their puppeteers not average Americans)
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To: faithhopecharity

Yes, as people cut back their spending I’ve waited much less for the dentist. We still have a local shoe repair guy; he described how the falling price of shoes (over decades) has hurt business (with people just replacing shoes instead of repairing them). I use him for tailoring work with leather and thicker materials like canvas (regular tailors are afraid the needles aren’t strong enough).


33 posted on 11/30/2014 5:42:35 PM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: SeekAndFind
the US middle class is being obliterated

Eh.
We've just got everything we want.

34 posted on 11/30/2014 5:43:37 PM PST by grobdriver (Where is Wilson Blair when you need him?)
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To: faithhopecharity

“We had an Orange Julius and left.”

Those are delicious and I haven’t had one in years and years. Where was this mall? I want to go there now!

For the record I am planning to power out my shopping next weekend! Never shop during this weekend.


35 posted on 11/30/2014 5:46:48 PM PST by jocon307
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To: RayChuang88
What is driving down Christmas sales this year is the increasing amount your paycheck going to pay for higher taxes and especially the Obamacare mandates.

THIS. Many of us now have a much heavier, grimmer burden thanks to Obamacare/Romneycare because we are subsidizing others who pay little to nothing for their insurance. One is very cautious about spending money on frivolities when a) the money is tight because the health insurance premiums have skyrocketed and b) one illness will burn through the inflated deductible and lead to a mountain of bills.

Merry Christmas from the democrat party (not that the other party has made many noises about doing something about repealing the nightmare).
36 posted on 11/30/2014 5:47:29 PM PST by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: Marie Antoinette
Nothing wrong with a "small Christmas." A few family get togethers,dinners,and a few small gifts is good enough for me. That puts a smile on my face. I got my daughters,and granddaughter a few things. Something for my wife and that's good enough. I told my kids I have enough and don't need anything else. The TV Christmas commercials are downright embarrassing.
37 posted on 11/30/2014 5:49:26 PM PST by 4yearlurker (Some people say that experts agree!!)
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To: SeekAndFind

I went to the hardware store and bought a new toilet handle and a pair of bargain bin gardening gloves.

Does that count?


38 posted on 11/30/2014 5:52:32 PM PST by Lorianne (fed pork, bailouts, gone taxmoney)
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To: EBH

I buy sweatshirts and jerseys (made in the USA in the 1980s) from the Saint Vincent DePaul store for 50 cents each. Not everything is good and clean but you can find good stuff.


39 posted on 11/30/2014 5:53:09 PM PST by 4yearlurker (Some people say that experts agree!!)
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To: kearnyirish2

It’s getting harder and harder to find leather shoes ... even at higher price points. Forget leather soles.


40 posted on 11/30/2014 5:55:31 PM PST by Lorianne (fed pork, bailouts, gone taxmoney)
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