Posted on 11/27/2010 8:05:45 AM PST by ChicagoConservative27
NEW YORK (AP) Shoppers who skipped the crowds on Black Friday gave online merchants a 16 percent spike in revenue, according to data released Saturday.
That increase came partly from shoppers who spent more per online purchase during the traditional opening day of the holiday shopping season, according to Web research company Coremetrics. The average order rose to $190.80. That's a 12 percent increase over $170.19 on the same day last year.
The solid increase adds to a 33 percent online spending spike on Thanksgiving day, and signs of bigger-than-expected crowds in stores.
(Excerpt) Read more at google.com ...
Online is the only way to go!
“What recession? Shoppers eat up Black Friday deals”
Anne D’Innocenzio, AP Retail Writer, On Friday November 26, 2010, 10:37 pm EST
“For one day at least, you could almost imagine the recession never happened. Millions of the nation’s shoppers braved rain and cold to crowd stores while others grabbed online bargains on what could be the busiest Black Friday ever.”
Somewhat related to this thread but not exactly is a question that came up as I read the title -— why do they call the day after Thanksgiving BLACK Friday ( and why do the racial hustlers not complain about it )?
Could it be that prices are just higher this year compared to the same time last year, or that the retailers online aren't offering discounts as large as they did last year ?
Relates to accounting. Imagine an accounting ledger where losses are in red ink and profits are in black. The sales on this day have been said to put the retailers in the black. (Profits)
For the year. It's a pretty sad situation when you only begin to get the reward for a whole year's work only in the last month of it.
You bet me to it, Was it not inflation over the last year?
Nov 2009 thru Oct 2010:
1.84, 2.74, 2.63, 2.14, 2.31, 2.24, 2.02, 1.05, 1.24, 1.15, 1.14, 1.17 straight total is 21.65%.
Guess we need to sell more stuff to really be ahead!
Most of my shopping is done online too.
Most of my shopping is done online too.
Why fool around fighting crows and spending money on gasoline?
The Online places have tax breaks and often have free shipping.
They have better selection too.
Half the shelves have been emptied at the traditional stores to make room for red and green mittens and other crap that NOBODY wants.
Now if it was like in the old days, people singing and being jolly, I would be happy to venture out for Christmas shopping.
Fighting “crowds” LoL
You see?!! You See?!!
Now you see the menace inherent in the Christmas madness!!!
I do indeed.
"Christmas is getting too dangerous." - Linus Van Pelt
I remember last year All Propaganda touted wonderful BF numbers, better Christmas spending, yada, yada, yada, but when the final numbers came in, Christmas shopping expenditures were down from the previous year after all.
When it comes to news that supports the interests of their members, namely advertising publishers, remember that All Propaganda is simply the national version of your local paper which is always trumpeting their latest lame “shop local” nonsense because that’s who advertises in their paper.
Not to mention AP’s over-riding interest in spewing propaganda to try and prop up the Obammunist Regime.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.