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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: SeekAndFind

I suspect a lot of people are paying off credit cards and other debts too.


41 posted on 11/30/2014 5:55:56 PM PST by Maine Mariner
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To: stinkerpot65
Que the drum roll, we have a winner

If we don't absolutely need it, we don't buy it...Simple.

Our way of payback...

We reached the point several years ago where whenever possible we refuse to support this government by refusing to pay their unconstitutional illegal tax confiscations at every opportunity.

42 posted on 11/30/2014 5:57:07 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: dfwgator
That's part of it. The other thing I suspect is that all of these idiotic stories about this store chain opening on Thanksgiving evening, or that store chain opening Thanksgiving morning, or another store chain opening continuously for its "holiday season" since July, are pretty much feeding a serious aversion to any kind of shopping by a growing number of people.

Enough, already. A lot of people are broke and/or up to their eyeballs in debt, and we can't afford most of what we buy no matter how much of a "bargain" it is.

43 posted on 11/30/2014 5:59:21 PM PST by Alberta's Child ("The ship be sinking.")
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To: SeekAndFind

My on-line business, which had been almost doubling each year for the previous four years, is off by 40% this year. The real collapse began around June. I think people are hunkering down for commiecare.


44 posted on 11/30/2014 5:59:41 PM PST by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: stinkerpot65

Bingo. There is very little I need or want.

I’m satisfied with the stuff I have. If it breaks I’ll shop for a replacement second hand first before considering new.


45 posted on 11/30/2014 6:00:02 PM PST by Lorianne (fed pork, bailouts, gone taxmoney)
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To: SeekAndFind

I had to drive into town Friday morning....very light traffic.

This could be a rough retail season.


46 posted on 11/30/2014 6:00:40 PM PST by lacrew
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To: SeekAndFind

The Obamaconomy rolls on... off the cliff


47 posted on 11/30/2014 6:01:07 PM PST by Viennacon
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To: SeekAndFind
The holiday season and the weekend are a marathon not a sprint,”

Yeah. And it's a shorter season, too, with Thanksgiving coming late this year.

48 posted on 11/30/2014 6:01:18 PM PST by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: Marie Antoinette

I think for many people, getting up at 5 am on Black Friday was a tradition. Now there will be little point to go shopping on BF if all the door buster deals have already gone to those who don’t observe Thanksgiving.


49 posted on 11/30/2014 6:02:54 PM PST by MNDude
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To: faithhopecharity
Sounds like a smart commercial landlord.

A small retail store is under relentless competitive pressure from large shopping centers and online retailers.

A restaurant is one of the few types of business that doesn't face that kind of competition, which makes it an ideal tenant for a small retail space.

50 posted on 11/30/2014 6:03:12 PM PST by Alberta's Child ("The ship be sinking.")
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To: Marie Antoinette
it's gonna be a small Christmas this year

Don't sell yourself short. One well thought out gift for everyone doesn't have to be expensive. That's not what makes it wonderful. It's that sharing and quality family time that makes it special. Perhaps add a special task for each person to share in planning a perfect holiday.

It's not how much stuff, but how much love and caring that matters.

51 posted on 11/30/2014 6:03:20 PM PST by grania
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To: kearnyirish2
Was in Del Amo mall, one of America's largest. Lots of cars in the parking lot, but not a lot of shoppers. Most of the people seemed to be eating in the restaurants or probably going to the movies.

Over time some malls might transform themselves into dining/entertainment zones.

52 posted on 11/30/2014 6:03:58 PM PST by who_would_fardels_bear
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To: who_would_fardels_bear

That’s a great way to describe it, and I guess it is already happening. I live a few miles southwest of a brand new mall that was finished years ago and never opened (the Xanadu Mall in the Meadowlands - next to Giants Stadium). Like the new stadium itself, there was just little demand for it as the economy crashed here (the Giants went through a 30 year waiting list ofr their season tickets).

No reason to believe the economy will improve any time soon here; costs are simply too high, and the infrastructure is crumbling and obsolete.


53 posted on 11/30/2014 6:07:31 PM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Lorianne

I actually use him for leather items like sheaths for knives and such; so much leather-looking stuff like shoes are fake.


54 posted on 11/30/2014 6:08:49 PM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Marie Antoinette

Actually a cool meaningful Christmas sounds a lot better than spending a lot of money. The family might enjoy it more too.


55 posted on 11/30/2014 6:08:51 PM PST by ladyjane
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To: stars & stripes forever

What a novel concept! Think it will catch on with Federal Government spending?


56 posted on 11/30/2014 6:11:54 PM PST by jennings2004 ("What difference, at this point, does it make!"--GO Landreiu, Hillary is your winning ticket!)
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To: SeekAndFind

It’s gotten to where when me and my wife see something that we want or need, the first thing we do is go online to find the best price. At the very least we easily compare similar products to see which is worth our money. Together, we make a decent living but we see no use in overspending for something.


57 posted on 11/30/2014 6:15:36 PM PST by gop4lyf (Claire Wolfe called. She said the Awkward Phase is over.)
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To: SeekAndFind

Maybe shopping over this weekend was down because it’s just a monumental pain in the ass.


58 posted on 11/30/2014 6:16:38 PM PST by edpc (Wilby 2016)
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To: SeekAndFind

Fox News said economists are blaming the improving economy.


59 posted on 11/30/2014 6:17:49 PM PST by gitmo (If your theology doesn't become your biography, what good is it?)
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To: jsanders2001

With virtually all prices rising, many steeply it is a real relief that Inflation is less than 1%. If there was inflation, too, we’d really be in trouble.


60 posted on 11/30/2014 6:18:50 PM PST by arthurus
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