Author Topic: YOUR prediction for this years Holiday Sales - Total on&off line  (Read 8641 times)

Mackin USA

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+1%
+2%
+3%
+5%
+6%
+7%
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Mr. Mackin

rcjordan

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #1 on: October 24, 2019, 07:46:39 PM »
+3% even though it should rightfully be down or at least flat.  We're good at denial.

nffc

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #2 on: October 24, 2019, 08:26:16 PM »
For the UK this is a good bellwether.

https://www.johnlewispartnership.co.uk/content/cws/jlp/financials/weekly-figures.html

Grim and in our sector very grim.

littleman

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #3 on: October 24, 2019, 09:18:04 PM »
I think people are going to spend a lot, but it is going to be fueled by debt.  Online shopping will be up 5% over last year; Brick and Mortar flat.  2020 is going to be down.

rcjordan

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #4 on: October 24, 2019, 10:47:36 PM »
>it is going to be fueled by debt.

Right! But aren't young families already nearly maxxed out?

littleman

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #5 on: October 24, 2019, 11:45:16 PM »
>maxxed out?

You'd think.  I keep seeing over consumption everywhere, I hope it is just a Bay Area thing.

Mackin USA

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #6 on: October 25, 2019, 10:25:39 AM »
4.35%
« Last Edit: October 25, 2019, 12:18:54 PM by Mackin USA »
Mr. Mackin

Drastic

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #7 on: October 27, 2019, 05:07:20 PM »
5%

If mark brings nuum to the US during same period, 6%.

Mackin USA

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #8 on: October 30, 2019, 01:01:22 PM »
Q3 GDP Beats Big As Consumer Spending Refuses To Drop
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DrCool

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #9 on: October 30, 2019, 03:44:45 PM »
There is one week less between Thanksgiving and Christmas this year which could put a bit of a damper on major growth. That said more and more retailers are shifting their Black Friday/Cyber Monday sales strategies to include the whole week of Thanksgiving and even stretching into the week before that.

I think overall growth will be in the 4% range.

rcjordan

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littleman

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #11 on: November 29, 2019, 10:35:05 PM »
>it is going to be fueled by debt.


Quote
One in 3 Americans have or are planning to take out a personal loan to cover holiday shopping expenses, according to survey results Experian shared with Yahoo Money. That’s double from last year’s survey, the credit bureau said.

...

One in 6 consumers are still paying off last year’s holiday debt on their credit cards after racking up $745 in outstanding balances on average.

https://finance.yahoo.com/news/holiday-shopping-loan-205703016.html

rcjordan

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #12 on: December 13, 2019, 03:06:22 PM »
US retail sales rose less than expected 0.2% in November
https://www.cnbc.com/2019/12/13/us-retail-sales-november-2019.html

Debbie says that the big push for Same- or Next-day delivery by Amz and, now, Walmart, Target, etc. has allowed people to postpone purchases into December.  Black Friday in physical stores seems to be waning, too.

rcjordan

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #13 on: December 14, 2019, 01:09:07 PM »
<added>
Better article. Worth a read.

Lackluster US retail sales dim Q4 economic growth outlook - GulfToday
https://www.gulftoday.ae/business/2019/12/14/lackluster-us-retail-sales-dim-q4-economic-growth-outlook

Mackin USA

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Re: YOUR prediction for this years Holiday Sales - Total on&off line
« Reply #14 on: December 24, 2019, 11:04:36 AM »
$34.4 BILLION
BIGGEST SHOPPING DAY IN HISTORY!
Mr. Mackin