Thanksgiving shopping at stores ‘was a bust’

[marmar]

Traffic at stores declined on Thanksgiving Day and into the wee hours of Black Friday analysts say, though executives at major retailers were pleased with the turnout.

“We believe Thanksgiving shopping was a bust,” said analysts at SunTrust Robinson Humphrey in a note. They conducted channel checks in the New York metro area, New England and the Southeast region starting on Thanksgiving Day and throughout the night into Black Friday.

SunTrust said specialty retail and apparel team members who went to malls “had no problem finding parking or navigating stores” and “there seemed to be more browsing than buying and less items purchased.” .................(more)

http://www.marketwatch.com/story/thanksgiving-shopping-at-stores-was-a-bust-2015-11-27?dist=lcountdown

[Erich Bloodaxe BSN]

1. Glad to hear more people were busy living than being consumers on Thanksgiving. nt

[tazkcmo]

2. Many have no choice.

It's what we do everyday.

[LiberalEsto]

3. Good

I hope this penetrates the thick skulls of Our Corporate Overlords.

[LiberalArkie]

4. "there seemed to be more browsing than buying and less items purchased."

That is the key phrase. The surfs have no money or very little.

[Rex]

5. Gee... I wonder if 80 something people owning 52% of the planets wealth has anything to do with it?

Nah...must be the working poors fault, they did not haul themselves out of bed at 4:30am to get LOW LOW LOW PRICES! Yeah...that is the ticket!

[BlueJazz]

7. Amen to that! I go into people's homes to fix computers and such (One man operation).

And I can tell ya', in the last 2-3 years I've seen something that I had VERY SELDOM seen before. Happens now a lot.

"Ah...can you hold this check ($80.00) for 2 weeks". Of course, I say "sure, no problem" But it is rather "Telling" of how the average person is strapped.

[Rex]

10. It is constantly underplayed and if brought up, dismissed as a unique problem for the individual.

I never gets tied back to the ever increasing holdings of the very few. Nope, always the consumers fault for not wanting to live paycheck to paycheck. THAT is what happened to our middle class (a one very healthy part of our society) most of them now live day to day.

[Enthusiast]

11. That whole golden egg laying goose story? They didn't get it.

[MattBaggins]

6. My friends used to do black friday

But now that they have 50 inch 1080p tvs with full surround in the half baths; they seem to have decided they have enough stuff.

[OhZone]

8. Just didn't see that many great deals in the ads.

Saw some jewelry that was tempting but I have enough. Oh, and I actually wanted to get a new computer, but I don't want privacy invading Windows10, so I'll have to get a Win7 Pro, next time it's on sale. Oh well.

[book_worm]

9. Many more stores around here decided not to open on Thanksgiving Day

and I say good for them.

[951-Riverside]

12. ...Yeah I'm not waiting in long lines and getting into fights for shit I can find cheaper online

...year round on Ebay, Amazon, etc.

I wish a retailer would step up to the plate and say "we're not doing this anymore".