Black Friday Online Sales Surged 21 Percent Thanks To Mobile Shopping

  • Posted by a hidden member.
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    Nov 25, 2012 12:34 AM GMT
    http://techcrunch.com/2012/11/24/black-friday-online-sales-surged-21-percent-thanks-to-mobile-shopping-more-retailer-promotions-and-personalized-deals/
  • RaggedyMan

    Posts: 7185

    Nov 25, 2012 3:07 AM GMT
    Ya I just came back from the outlets and it was horrific! Traffic plus the lack of common sense. I did buy online too which I prefer.
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    Nov 25, 2012 8:45 PM GMT
    "E-Commerce Spending On Black Friday Tops $1B For The First Time; Amazon Is The Most Visited Retailer"

    http://techcrunch.com/2012/11/25/e-commerce-spending-on-black-friday-tops-1b-for-the-first-time-amazon-is-the-most-visited-retailer/
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    Nov 25, 2012 8:55 PM GMT
    Aristoshark saidThe country is feeling more confident since the Republicans were crushed.


    http://www.zerohedge.com/news/2012-11-25/retailers-blame-drop-black-friday-sales-black-thursday

    So it is with what is now a confirmed flop of a Black Friday, which according to ShopperTrak saw sales drop by nearly 2% to $11.2 from 2011, which in turn was a 6.6% gain over 2010 (and would be revised to far lower once all the refunds and exchanges to cash took place in the two weeks later). This occurred despite a 3.5% increase in retail foot traffic to 307.7 million store visits. The nominal drop in retail sales also occurred despite a nearly 1% increase in the total US population over last Thanksgiving, and a 2% Y/Y inflation.
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    Nov 25, 2012 10:17 PM GMT
    *watches Riddler contradict himself with two contradictory articles*

    icon_lol.gif
  • FitGwynedd

    Posts: 1468

    Nov 25, 2012 10:44 PM GMT
    meninlove said *watches Riddler contradict himself with two contradictory articles*

    icon_lol.gif


    Its the norm on here for him
  • Montague

    Posts: 5205

    Nov 25, 2012 10:56 PM GMT
    Unlike most. I don't really want anything right now hah..just to travel..and you can't really get any kind of sweet deals during holiday seasons so my mula stayed in my pocket and soon the pocket of my secret santa recipient.
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    Nov 26, 2012 12:14 AM GMT
    I don't shop on Black Friday. Ever.
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    Nov 26, 2012 12:48 AM GMT
    meninlove said *watches Riddler contradict himself with two contradictory articles*

    icon_lol.gif


    Only to those who can't differentiate between online sales and overall sales. This level of reading comprehension explains of course why you always seem to find yourself on the wrong side of an argument when it comes to facts. icon_wink.gif
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    Nov 26, 2012 12:48 AM GMT
    Christian73 saidI don't shop on Black Friday. Ever.


    Not even online?
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    Nov 26, 2012 1:11 AM GMT
    riddler78 said
    meninlove said *watches Riddler contradict himself with two contradictory articles*

    icon_lol.gif


    Only to those who can't differentiate between online sales and overall sales. This level of reading comprehension explains of course why you always seem to find yourself on the wrong side of an argument when it comes to facts. icon_wink.gif


    Oh god, here we go again. Next time before being a smartass, you should consider that we look at many of the forums, on here and off so have a better grasp of WHY people are shopping less, which you don't have a clue other than mathematical equations..

    As well, it's painfully obvious Aristoshark struck a nerve.

    Here's a couple of reasons for you:
    Black Friday is becoming a sales gimmick; raising prices a week or more before and then 'slashing' them.
    People ( if you bother with social forums) have much better bullshit detectors these days.
    Many people are being frugal as they better gain a grasp and practical perspective on their finances.
    ...and that's all I'm going to give you at this point.
    Read the articles again btw and this time pay careful attention to what is not written but inferred.

    You're proof higher Ed does not auto equate to smart person.

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    Nov 26, 2012 1:14 AM GMT
    meninlove said
    riddler78 said
    meninlove said *watches Riddler contradict himself with two contradictory articles*

    icon_lol.gif


    Only to those who can't differentiate between online sales and overall sales. This level of reading comprehension explains of course why you always seem to find yourself on the wrong side of an argument when it comes to facts. icon_wink.gif


    Oh god, here we go again. Next time before being a smartass, you should consider that we look at many of the forums, on here and off so have a better grasp of WHY people are shopping less, which you don't have a clue other than mathematical equations..

    As well, it's painfully obvious Aristoshark struck a nerve.

    Here's a couple of reasons for you:
    Black Friday is becoming a sales gimmick; raising prices a week or more before and then 'slashing' them.
    People ( if you bother with social forums) have much better bullshit detectors these days.
    Many people are being frugal as they better gain a grasp and practical perspective on their finances.
    ...and that's all I'm going to give you at this point.
    Read the articles again btw and this time pay careful attention to what is not written but inferred.

    You're proof higher Ed does not auto equate to smart person.



    Heh - drama queen much? Do you tire of making excuses for yourself? No, Aristoshark's comment didn't hit a nerve - he misunderstood the original post which was about online sales only - which you apparently have also done because you tried to trump a "smartass". icon_wink.gif

    What is inferred for your apparent puny age addled brain is that online sales are taking up a larger portion of sales. Which - if you watch some of those black friday vids, suggests is a really good thing.

    Also incidentally - if you read the zerohedge article - they make the argument that there always seem to be excuses when it comes to economic numbers. Despite the fact that the traffic was up, sales were down - it's difficult to paint a sunny picture with that - try as you might.

    Nevertheless, I did buy a few things online. Banana republic's sales were good.
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    Nov 26, 2012 1:24 AM GMT
    Here's another tidbit for you.
    Companies like YOURS are blood sucking bedbugs of North America, helping remove blue and white collar jobs and sending them offshore.
    Obviously with less secure employment prospects and temp work, low wages to the point of needing entitlements (as you call them) to bolster living expenses, people are spending less.

    You have a lot of nerve lamenting lower sales.

    You're about as sincere as Mitty.
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    Nov 26, 2012 1:50 AM GMT
    meninlove said Here's another tidbit for you.
    Companies like YOURS are blood sucking bedbugs of North America, helping remove blue and white collar jobs and sending them offshore.
    Obviously with less secure employment prospects and temp work, low wages to the point of needing entitlements (as you call them) to bolster living expenses, people are spending less.

    You have a lot of nerve lamenting lower sales.

    You're about as sincere as Mitty.


    Again that's only because you're so unwilling to consider that in trade, both parties win out. You seem to think that if there weren't trade or firms that produce offshore, that we wouldn't have seen a massive decline in jobs in manufacturing in the US.

    I try to write more detailed responses to you, but you have no intellectual curiosity to even consider alternative views. The reality is that manufacturing in the US has become more complex and there remain many jobs that go unfilled because there aren't the workers who have the ability to do them.

    This was an article in the NY Times a few days ago:

    http://www.nytimes.com/2012/11/25/magazine/skills-dont-pay-the-bills.html?pagewanted=all

    Nearly six million factory jobs, almost a third of the entire manufacturing industry, have disappeared since 2000. And while many of these jobs were lost to competition with low-wage countries, even more vanished because of computer-driven machinery that can do the work of 10, or in some cases, 100 workers. Those jobs are not coming back, but many believe that the industry’s future (and, to some extent, the future of the American economy) lies in training a new generation for highly skilled manufacturing jobs — the ones that require people who know how to run the computer that runs the machine.

    This is partly because advanced manufacturing is really complicated. Running these machines requires a basic understanding of metallurgy, physics, chemistry, pneumatics, electrical wiring and computer code. It also requires a worker with the ability to figure out what’s going on when the machine isn’t working properly. And aspiring workers often need to spend a considerable amount of time and money taking classes like Goldenberg’s to even be considered. Every one of Goldenberg’s students, he says, will probably have a job for as long as he or she wants one.


    Additionally, there have been a number of studies that have shown that the jobs lost to China aren't largely China specific but they would have been outsourced anyway because of the cost arbitrage. China's the target however because it has allowed for offshoring to largely be consolidated within China - that if China is in fact "taking away" jobs, it is taking them from other developing countries.

    On the other side, of it, I've been working on a few deals for food products to be imported into China because there's a demand and willingness to pay more. Your systematic ignorance of trade and economics is often as laughable as it is sad. You should however do something about the chip on the shoulder you have from not having a university degree.

    And by the way, which is it? Aristoshark claimed that sales are up because people are happy with Obama being re-elected and you say things are worse. No matter what the facts apparently, in your mind, it's about trying to show that I'm wrong in some way. That's just sad how foolish you come across - particularly given how you seem not to have the level of reading comprehension that is able to differentiate between online and overall sales.
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    Nov 26, 2012 2:27 AM GMT


    "Again that's only because you're so unwilling to consider that in trade, both parties win out. You seem to think that if there weren't trade or firms that produce offshore, that we wouldn't have seen a massive decline in jobs in manufacturing in the US."

    Bullshit. The blue and white collar jobs disappearing are much more than just manufacturing, and you know it.

    You're part of the decline- machine here in North America.

    "I try to write more detailed responses to you, but you have no intellectual curiosity to even consider alternative views"

    Your views are not alternative, but mainstream trendoid economics we've had the privilege to listen to many times over the years. Nothing you spout is new.

    It's just red herring after red herring, trying to take a pile of shit and sweeten it up for everyone to swallow.

    I sat and listened to a Dad who'd invested mutual funds into offshoring companies, then listened to him lament that his grown kids were still at home struggling with 50 cents an hour over minimum wage jobs with all benefits removed as they were permanent full-time temps; every corporate loophole played and played well. He lamented over where all the lower middle class better paid jobs were, such as call center work etc.
    After several minutes of this I put down my coffee cup and said,
    "Offshored" then showed him on his PC a list of all the different kinds of jobs that were gone and/or going and the volumes of them.

    You can babble as much as you like, and perhaps fool some people, but you can't fool us.

    You live in an insulated little world, and it would be good punishment for you to have to try eke out a living on your own at a retail cashier position for a year or two.



  • Posted by a hidden member.
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    Nov 26, 2012 2:35 AM GMT
    meninlove said

    "Again that's only because you're so unwilling to consider that in trade, both parties win out. You seem to think that if there weren't trade or firms that produce offshore, that we wouldn't have seen a massive decline in jobs in manufacturing in the US."

    Bullshit. The blue and white collar jobs disappearing are much more than just manufacturing, and you know it.

    You're part of the decline- machine here in North America.

    "I try to write more detailed responses to you, but you have no intellectual curiosity to even consider alternative views"

    Your views are not alternative, but mainstream trendoid economics we've had the privilege to listen to many times over the years. Nothing you spout is new.

    It's just red herring after red herring, trying to take a pile of shit and sweeten it up for everyone to swallow.

    I sat and listened to a Dad who'd invested mutual funds into offshoring companies, then listened to him lament that his grown kids were still at home struggling with 50 cents an hour over minimum wage jobs with all benefits removed as they were permanent full-time temps; every corporate loophole played and played well. He lamented over where all the lower middle class better paid jobs were, such as call center work etc.
    After several minutes of this I put down my coffee cup and said,
    "Offshored" then showed him on his PC a list of all the different kinds of jobs that were gone and/or going and the volumes of them.

    You can babble as much as you like, and perhaps fool some people, but you can't fool us.

    You live in an insulated little world, and it would be good punishment for you to have to try eke out a living on your own at a retail cashier position for a year or two.





    Thank you, you've proven my point. icon_wink.gif
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    Nov 26, 2012 2:47 AM GMT
    In other words, you'e been, as usual, exposed for the lying piece of hypocritical
    @$^%@$ that you are.

    *laughing because not once did I say sales were up,only that the two articles were contradictory and did not say in what respect*

    icon_lol.gif
  • Posted by a hidden member.
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    Nov 26, 2012 3:46 AM GMT
    meninlove said In other words, you'e been, as usual, exposed for the lying piece of hypocritical
    @$^%@$ that you are.

    *laughing because not once did I say sales were up,only that the two articles were contradictory and did not say in what respect*

    icon_lol.gif


    Heh - says the guy who seems entirely unable to find any actual evidence for what they believe. While I'm sure you'd like people to believe you are oh so clever, as another wonders... "Does it seem that things around you happen very quickly?" icon_wink.gif