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ANGEL_C

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Member Since: 5/2007Last Seen: 11/06/2009

Black Friday and Cyber Monday: Shoppers Win This Year

News Type: Event — Seeded on Wed Nov 26, 2008 12:31 PM EST
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Some good news for online holiday shoppers: Bargain-hunting binges could drive prices down as Web-based retailers compete to offer bigger discounts, two marketing researchers predict.

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{"commentId":4210251,"authorDomain":"onlynow99"}
Angel_C

Hooray for those of us who have a little money to shop.

{"commentId":4210251,"threadId":"428842","contentId":"2152426","authorDomain":"onlynow99"}
    Reply#1 - Wed Nov 26, 2008 12:33 PM EST
    {"commentId":4220315,"authorDomain":"cbcourtois"}
    Charlie Courtois

    Yup, and Friday is supposed to be the biggest shopping day of the year!

    I wonder? Credit cards and shopping?

    I am afraid the merchants are going to be hurting. Tomorrow will tell.

    {"commentId":4220315,"threadId":"428842","contentId":"2152426","authorDomain":"cbcourtois"}
      Reply#2 - Thu Nov 27, 2008 4:49 PM EST
      {"commentId":4221603,"authorDomain":"onlynow99"}
      Angel_C

      I have friends and family who plan to venture out tomorrow.  I will do my shopping online this year--which isn't unusual for me.  However I'm glad to see that the online retailers will be offering big discounts as well as the actual retail outlets.

      I don't expect this season to be a banner one for merchants, but for those who are able to spend, they'll be spending less for the same products offered at higher prices in the last year.

      {"commentId":4221603,"threadId":"428842","contentId":"2152426","authorDomain":"onlynow99"}
      • 1 vote
      #2.1 - Thu Nov 27, 2008 11:12 PM EST
      {"commentId":4224264,"authorDomain":"cbcourtois"}
      Charlie Courtois

      Yup, Angel.
      The stores are reported as filling up, but I have seen some reports that people are not buying that much. Shopping on line is a whole lot safer than trudging around in the crowd. My honey loves to shop, so I get to abstain from that need.

      I read in the Macon Telegraph this a.m. that the owners of Malls and Shopping centers around the country are in phase one of an apparent collapse. They will be defaulting on their leases and loans which have been sold to hedge funds and foreign entities.

      This is the beginning of something nobody has ever seen in this country. I remember well the growth of hundreds of malls and shopping centers in California, Texas, Florida and Georgia. The financing for this development was so complex then and now it is beyond imagination.

      {"commentId":4224264,"threadId":"428842","contentId":"2152426","authorDomain":"cbcourtois"}
      • 2 votes
      #2.2 - Fri Nov 28, 2008 11:56 AM EST
      {"commentId":4229082,"authorDomain":"onlynow99"}
      Angel_C

      We've had malls failing here in Nashville where there is still a lot of money.  One is revitalizing itself by moving the local branch of the library to the mall and the other is selling retail space to medical offices and clinics.  I think business will continue, but in new form.

      {"commentId":4229082,"threadId":"428842","contentId":"2152426","authorDomain":"onlynow99"}
      • 2 votes
      #2.3 - Fri Nov 28, 2008 11:20 PM EST
      {"commentId":4238247,"authorDomain":"cbcourtois"}
      Charlie Courtois

      Yup, Angel_C,

      We're in for it this time. More debt is not the answer. It is time to pay the piper!

      {"commentId":4238247,"threadId":"428842","contentId":"2152426","authorDomain":"cbcourtois"}
        #2.4 - Sun Nov 30, 2008 8:07 AM EST
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