Skip to comments.Any predictions on this years Black Friday sales numbers?
Posted on 11/14/2012 6:58:12 AM PST by Pride_of_the_Bluegrass
I have been to the local mall and to several retailers this past week and I'm wondering what sort of numbers we will see this year for Black Friday. Have there been any forecasts on what retailers are expecting? I know that there is so much uncertainty right now economically and socially, how will that translate into our willingness to purchase this year? Will we have a last "Hurrah!" or will we simply set on the sidelines and await the coming "Whateverthehellisgoingtohappennext"?
down from last year I suspect
Whtever it is, it will be “unexpected”.
Wondering if they will factor in gun sales to show an increase in spending?
Either way, it will be reported by the LSM as "unexpectedly high," because "nation-wide economic confidence following historic election" will "fuel sales rates."
At least until the revised numbers are quietly released in January. Can't have the peasants getting spooked by anything unexpected.
Reality: I predict a big downturn from last year. Best Buy did not even wait until after Christmas to shut down their stores. People are going to cut back, and save a little for the storm to come.
Media Reporting: Best Christmas EVER!!! Sales up a Million and Eleventy Percent!!!1!1! Happy days are here again!
My prediction: Black Friday sales up, overall Holiday Season sales down. Seems to be the trend.
I know what I am asking for for Christmas!
“Media Reporting: Best Christmas EVER!!! Sales up a Million and Eleventy Percent!!!1!1! Happy days are here again!”
“Tramplings Down — Shoppers more civil — Praise Obama!”
“UNEXPECTED”, a DISASTER FOR RETAILERS
Black Friday will get no support from me this year. I despise the traffic and don’t want to fight it or the crowds. It’s just not worth it.
I’ll be working that day, making money, getting some laughs, enjoying the camaraderie. Spending? NO. Stopped that gift-among-adults-gig about 10 years ago. The adult children were second-guessing at first but after a few seasons they’re all on board and have been ever since.
If you need essentials, there may be deals.
It will not matter, because increasingly it is all imported anyway.
The only jobs created, are the unloader at the dock, and the cashier.
Predictions of sales in both cash and credit carried over with interest charges. Both fuel the economy in different ways. If people spent credit it may reflect optimism in their personal finances; if cash it just says folks are living within their means or discretionary income - this type of spending means pent up customer demand, or maybe just enough to pay the utilities and taxes. Each year we consume more and more as the population rises, therefore just gauging actual dollars or merchandise does not necessarily indicate we are spending more individually, only collectively. Spin it Mr. DJ.
Families rediscover the importance of personal connections at Christmastime, now that the distractions of consumerism have been removed...
Any predictions on the casualty counts?
Actual, or reported? Actual will be down, reported will be flat to mildly up.
Too many people have lost their jobs. Those who are still working may be using their extra funds for stocking up and prepping for what is to come.
I just don't see people being being filled with holiday cheer this time. Who can blame them? The gates of hell have been opened up.
IPad or Asus Transformer ?
Exactly. I did “Cyber Monday” last year and did my entire Christmas shopping task in 10 minutes with the click of a mouse. Best decision I ever made.
Ya, the fighting and violence are sad side effects of this black Friday mayhem.
Last year, some woman pepper sprayed other shoppers to get an X Box. I wonder if we will see anything like that again.
I agree. It’s kinda nice have UPS drive up and drop off your purchases. It sort of reminds me of mail call back in the Army of the 1970’s. Mail call was such a great event when you got something.
I expect so. If anything, the “entitlement mentality” will be even more widespread this year.
I never participate. I may do some shopping at a local venue..but it will be very little this year. Why bother with Black Friday? we’ll only be treated to another view of TV and media coverage on the tramplings. I’m done with it.
It is indeed.
I’ll be giving family and friends emergency prep kits and other supplies.
Ipad of course
The quality level of slave labor is definitely a selling factor. You don’t have to worry about getting a bad one made on a Monday or Friday.
News story this morning stated that luxury sales over the last year are up but middle and low income retailers are down. I predict that either there will be an increase from last year due to large luxury purchases by a few or there will be millions of people Christmas shopping at the dollar tree and the media will tout increased “volume”. Either way, the media will spin pro obama, and if the numbers can’t be spun they will be minimized and unexpected.
Depends on the discounts. I wouldn’t be shocked to see a single good day, with a lot of other purchases withheld for the rest of the month, as people try to get what they can while it’s cheap.
Hard to argue with Chief Dan George
They say that a lot of wealthy people are selling assets this year and they will have the option of spending that new income— could be good for jewelers, boating, and tourism industries.
Is that what they’re calling capital flight these days?
I like going out to eat on that day though...
required gift giving is not fun...I hate it...I’d much rather have a little present in the middle of a no name month for no reason whatsoever except someone thought I might like it...
The kids are getting a whole week off school this year.... isn’t that a bit much? Parents will be nuts after 9 days of it...
Record highs followed by record January returns as people realize it’s all junk.
So true, cherry. Every day is a gift. Watch with wonder as it unfolds.
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