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Black Friday Sales Tumble 13% On Thanksgiving Thursday Opening Scramble

Tyler Durden's picture





 

Update: more data trickling in from the NRF, and since it is not pretty,  so expect much more blame to fall on the weather.

  • U.S. consumers spent $57.4b over Black Friday weekend, down from last year’s $59.1b, National Retail Federation says
  • Consumers spent avg. $407.02 (planned), down from $423.55 in 2012

* * *

If somehow the scramble to open stores earlier and earlier on Thanksgiving day, until such time as the very Thanksgiving dinner had to be interrupted early for the annual rush out to the (un)friendly neighborhood Thug-Mart (Toys'R'Us opened at a ridiculous 5pm on Thanksgiving day) and punching people in the face just to get that 42 inch, 2010-model Plasma TV for $99, was supposed to boost overall sales instead of merely pulling them forward (see cash for clunkers), it didn't work. According to ShopperTrak, total Black Friday traffic plunged 11% and total sales fell 13.2%, the second consecutive year of declines following last year's 1.8%. The reason, as largely expected, is that a substantial portion of Friday shopping was pulled back to Thursday: as ShopperTrak founder Bill Martin said, "if retailers continue to promote Thanksgiving as the start of the holiday buying season, he thinks the holiday will eventually surpass Black Friday in sales. "We're just taking Black Friday sales and spreading them across a larger number of days," Martin said."

Combining Thursday and Friday retail sales represented a 2.8% increase in traffic and a 2.3% increase in actual sales compared to the same period last year, which however took place against the backdrop of the most aggressively promotional environment ever, leading to even greater drops in retailer margins.

The bigger problem for retailers, and the economy, is that the National Retail Foundation expects sales to be up 3.9% to $602 billion for the season, which encompasses the last two months of the year. That's higher than last year's 3.5% growth, but below the % pace seen before the recession. Unfortunately, starting off the holiday shopping season at a selling pace that is 40% below the run-rated growth projection is hardly encouraging for the hoped for increase in sales, as well as  US GDP, not to mention the disposable income state of the US consumer.

Sure enough, since reality once again intruded on economist "models" it was time to blame the weather. From the WSJ:

The ShopperTrak report showed strong traffic in the Western and Southern U.S. while visits in the Northeast slipped as a cold snap may have deterred some customers. Apparel and accessories stores saw more visits on both days, while gadget sellers suffered weaker traffic throughout the period, the firm said.

 

About 140 million people are expected to shop over this holiday weekend, a decline from the 147 million who planned to do so last year, according to the National Retail Federation. The trade group said that nearly a quarter of the people it surveyed planned to shop on Thanksgiving Day.

There is hope the weak start to the retail season will be salvaged by online sales, which have been progressively climbing as a percentage of total, accounting for 40% of the $59 billion in sales racked up over the four-day Black Friday weekend last year, up from 23% in 2006, according to the National Retail Federation. Store traffic this year has been sluggish amid slow growth in consumer spending. That transition is expected to persist according to the WSJ:

During the first 17 days of November this year, store traffic declined 4.8% from the same period the year before, according to Retail Next, which analyzes more than nine million shopping trips nationwide within 450 stores.

 

Meanwhile, online shopping is set to rise, with 51% of shoppers surveyed by Nielsen planning to buy something over the Internet on Friday, up from 38% last year. That compared with 48% of consumers who said they planned to visit a big-box store like Target or Wal-Mart.

Curiously, some shoppers were turned off by the Goliath in the online selling space, Amazon.

Andrea Bailey is one of those online shoppers, but she wasn’t on Amazon. Around 2 a.m. Thursday morning, she was sitting at a laptop in her living room in Lexington, Ky., refreshing Best Buy’s website. When she finally got through, she bought a $99 Kindle Fire, made by Amazon, for her 8-year-old son.

 

After a couple of hours of sleep, Ms. Bailey continued her shopping spree, buying sweaters and Christmas pajamas for her 5-year-old daughter and dress shirts for her husband from Macys.com, some Disney Infinity characters for her son from Toysrus.com and a new printer from the Sam’s Club website.

 

Altogether, Ms. Bailey spent nearly $400 before noon. She finds it easier to browse websites run by brick-and-mortar stores than to deal with Amazon’s overwhelming number of options, she said: “If I go on Amazon and look at videogames, holy moly, my brain hurts.”

 

Such big retailers as Wal-Mart and Target continue to struggle to keep up with Amazon on the Web. Despite years of effort, online sales still typically account for only around 2% of sales for the two chains.

And while online sales are a far easier way of getting shopper "feet in the door", the margin erosion to vendors once the competition is unleashed, is far greater than even from brick and mortar venues which have at least some discipline in preserving margins.

To be sure, the full impact of the early start to selling season will not be known for a few more days, as Cyber Monday's impact is becoming increasingly greater and will have to be taken into consideration to determine just how strong, or weak, the US consumer is.

Finally, speaking of US consumers, recall that "strong" Thanksgiving sales were trumpeted every year between 2009 and 2012 only for the final holiday sales tally to disappoint without fail every single year. It remains to be seen if this time will finally be the opposite, as Bernanke's "wealth effect" finally trickles down to the 99%. Or not.

 


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Sun, 12/01/2013 - 14:25 | Link to Comment TeamDepends
TeamDepends's picture

Shop 'til you drop.  Or get stabbed or can't get up because you are being trampled by jelly-bellies.

Sun, 12/01/2013 - 14:48 | Link to Comment Winston Churchill
Winston Churchill's picture

The good news is  though, shoplifting is up 25%.

Sun, 12/01/2013 - 15:11 | Link to Comment Groundhog Day
Groundhog Day's picture

went to do my Sunday grocery shopping at Costco and the traffic is lower than normal week past Best Buy and Walmart and the parking lot war average

Sun, 12/01/2013 - 15:58 | Link to Comment Miffed Microbio...
Miffed Microbiologist's picture

Driving to work Black Friday at 7AM there were freeway sign in numerous places warning people to watch for slow traffic nearing off ramps to malls. Each one I drove by had very little traffic, none spilling onto the freeway. I assumed people werent getting up early for sales but 3 people who came later told me they saw the same. I was shocked. Can't be the weather because it's 61 degrees here. Well, for us we do consider that cold. Could this be another side effect of Obamacare?

Miffed;-)

Sun, 12/01/2013 - 16:10 | Link to Comment Boris Alatovkrap
Boris Alatovkrap's picture

Boris is ride bike to pub.

Sun, 12/01/2013 - 19:03 | Link to Comment kaiserhoff
kaiserhoff's picture

I couldn't log into Amazon this morning the first few times I tried.

They may finally be coming up against some structural barriers in the all things to all people mode.

Sun, 12/01/2013 - 20:26 | Link to Comment Pure Evil
Pure Evil's picture

Well, what do they expect when the zombies are more interested in killing each other than buying electronic crap from China.

Sun, 12/01/2013 - 21:03 | Link to Comment StychoKiller
StychoKiller's picture

"Everybody believes in something, I believe I'll have another beer!"

Sun, 12/01/2013 - 16:15 | Link to Comment Skateboarder
Skateboarder's picture

Lower foot traffic is either because of online shopping or because people have a lot less to work with than they did last year, just like the year before, and next year too.

Sun, 12/01/2013 - 16:28 | Link to Comment garypaul
garypaul's picture

According to QE logic, if there was a Black Monday, Black Tuesday, Black Wednesday, Black Thursday and Black Friday, then retail sales would be 5X bigger!!

Sun, 12/01/2013 - 16:41 | Link to Comment Skateboarder
Skateboarder's picture

"To encourage consumer spending and confidence, we have decided to host Black Friday on the last friday of every quarter.

Yours Truly,
                    choomgolfer666"

Sun, 12/01/2013 - 17:21 | Link to Comment 12ToothAssassin
12ToothAssassin's picture

Another miss blamed on weather?

Sun, 12/01/2013 - 19:08 | Link to Comment akak
akak's picture

Like 40+ consecutive years of bad Soviet grain harvests.

Sun, 12/01/2013 - 16:51 | Link to Comment j0nx
j0nx's picture

Move out of district 11 and into the capital. Shit in the DC area is booming. $650k houses are flying off the shelves and stores are packed. The good old days are here again in this area. Pretty much any and all wealth in this nation is becoming highly concentrated in DC and NY. These fuckers are ruining this area for middle class folks. If you want a house here now you basically live with the mezcans and blacks or you become house broke or you rent until you can move away like us.

Sun, 12/01/2013 - 17:23 | Link to Comment CheapBastard
CheapBastard's picture

Some job areas are brisk still. Houston energy corridor (Cinco Ranch, Katy, Fulshear) is pretty active still but places like Austin and Dallas and other parts of Texas, Arizona and NM are stagnant with less job growth and serious oversupply.

Sun, 12/01/2013 - 20:33 | Link to Comment yogibear
yogibear's picture

Healthcare private -pay individual rates are up 50% from 2010 (Bluecross min  policy).

Up another 15% this coming year. It's eating away at whatever is left. 

Only thing left for many people is to charge and default on it next year. 

Sun, 12/01/2013 - 15:30 | Link to Comment TeamDepends
TeamDepends's picture

That is good news!  For Wackinhand anyways.  Wait, is it Whack-in-hut?  You know, the security dudes.  What's that?  Well, yes we are completely hammered.  Sure, go ahead and judge but you do realize the ship is sinking?  There's the water rushing in right there!  Uh-huh.  The band is kicking ass, isn't it!  Why yes, we will dance!

Sun, 12/01/2013 - 15:39 | Link to Comment johngaltfla
johngaltfla's picture

Well, well, well. Let's review the standard media response form and see which one CNBSFBSNBBSG uses tomorrow morning:

 

1. It's the government shut down.

2. It's cold weather.

3. It's the Republican's fault.

4. It's Bush's fault.

5. All of the above.

 

I look forward to the bullshit spraying session which will commence when the U.S. business networks resume their seldom viewed normal business programming at 0600 tomorrow.

Sun, 12/01/2013 - 15:49 | Link to Comment Rubbish
Rubbish's picture

$400 average? I make decent money and you are lucky when I buy a new $300 tower....ha ha

 

Ok I splurge on Gold coins :)

Sun, 12/01/2013 - 16:00 | Link to Comment fxrxexexdxoxmx
fxrxexexdxoxmx's picture

Bush is just like a god now. A GOD I tell ya. He is everywhere, all the time, all seeing and all knowing.

 

Thanks Barracky and the Dem machine you have made a new GOD.

Sun, 12/01/2013 - 15:40 | Link to Comment Colonel Klink
Colonel Klink's picture

Or lard asses!

Sun, 12/01/2013 - 16:22 | Link to Comment Paveway IV
Paveway IV's picture

I'm too lazy to scroll back to whatever post you replied to, but I gave you a thumbs up because 'lard asses' is always a crowd-pleaser.

Sun, 12/01/2013 - 16:44 | Link to Comment Jumbotron
Jumbotron's picture

Keep it up you fucktard retail stores.  Here;s a fucking clue.   WE'VE GOT NO MONEY LEFT TO BUY YOUR SHITTY CHINA iCRAPPERS ANYMORE.  AND WE ARE SICK OF YOU OPENING UP ON THANKSGIVING DAY.  DIE EVERYONE OF YOU BRICK AND MORTER DINOSAURS !!!

Sun, 12/01/2013 - 16:56 | Link to Comment A Nanny Moose
A Nanny Moose's picture

Is the overall 2.3% increase adjusted for inflation?

Sun, 12/01/2013 - 20:48 | Link to Comment Notarocketscientist
Notarocketscientist's picture

.... because we all know real inflation is around 10% / yr ----  so even if 2.3 is adjusted to CPI we know that is bogus --- so what we can conclude is that the total inflation adjusted sales volumes have dropped considerably.

Sun, 12/01/2013 - 23:34 | Link to Comment A Nanny Moose
A Nanny Moose's picture

Yup.

Mon, 12/02/2013 - 08:22 | Link to Comment CheapBastard
CheapBastard's picture

Don't be so hard on the Chinese. I actually found 1 shirt Hecho en El Salvador'...but the lady told me it was probably actually Hecho in China then transferred to El Salvador where they changed labels and then shipped up here. It's a way to avoid import duties by China she said.

Sun, 12/01/2013 - 14:40 | Link to Comment q99x2
q99x2's picture

Not only that Jamie Dimon and the president of the new world order gave the crooks on SSI their money two days early so they would help jack sales.

This ship is going down.

BitCoin is coming down for the whammy mammy. Last Price 980 and falling fast.

Sun, 12/01/2013 - 14:53 | Link to Comment TeamDepends
TeamDepends's picture

Quick!  Get fonestar on the fone!  Should we yank our BTC out of the, um, ether, and sink them in the lake or use the old rectum safe....

Sun, 12/01/2013 - 20:57 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

@TeamDepends

Just keep posting like a moron, I guess. It seems to be your individual strength.

That and playing to a crowd of technophobic gold-hoarders.

(What, too much? Well, he did come swinging out of the gate. I thought this was Fight Club?)

Sun, 12/01/2013 - 14:32 | Link to Comment jal
jal's picture

Only the credit card companies will know the truth.

Sun, 12/01/2013 - 20:36 | Link to Comment yogibear
yogibear's picture

Guess more demand for stolen CC numbers. Charge on someone else's credit.

Sun, 12/01/2013 - 14:34 | Link to Comment rum_runner
rum_runner's picture

eh... this is basically in line with America's priorities.  I be tankful affa I get mah big screen tee-vee. 

Sun, 12/01/2013 - 14:37 | Link to Comment Pooper Popper
Pooper Popper's picture

You Buy NOW!!!!

Sun, 12/01/2013 - 14:36 | Link to Comment oddjob
oddjob's picture

My sales were up big this year, I sold a substantial amount of paper at the bullion exchange.

Sun, 12/01/2013 - 15:35 | Link to Comment RafterManFMJ
RafterManFMJ's picture

Now that's funny!

"Here, I'll exchange my slave coupons for those barbaric, shiny discs and rectangles..."

Sun, 12/01/2013 - 14:36 | Link to Comment Motorhead
Motorhead's picture

That means the market should continue to hit record (nominal) highs tomorrow (on Monday).

Sun, 12/01/2013 - 14:37 | Link to Comment km4
km4's picture

Tyler you shoukd do a post on this.....US and European governments gained $1.6 trillion from low interest rates on the backs of over 50 year old savers and pensions http://feedly.com/e/_1EMSoLq 

 

Sun, 12/01/2013 - 14:56 | Link to Comment Tyler Durden
Tyler Durden's picture

That was the same study that "found" that QE had not boosted stock prices.

Sun, 12/01/2013 - 14:38 | Link to Comment Carpenter1
Carpenter1's picture

This is a good measure of the % of sheeple left standing. We now effectively have three groups of people, but only two groups know it. There's the complicit, the awake, and the sheep.

Sun, 12/01/2013 - 16:02 | Link to Comment fxrxexexdxoxmx
fxrxexexdxoxmx's picture

Baaaaa Baaaa Baaaa I have now idea where I fit in.

Sun, 12/01/2013 - 16:21 | Link to Comment Wile-E-Coyote
Wile-E-Coyote's picture

Talking of sheep the New Zealand people speak.............

https://www.youtube.com/watch?feature=player_embedded&v=QcE5aDTszrY

Sun, 12/01/2013 - 14:44 | Link to Comment adr
adr's picture

They'll cook the books and claim spending increased nomatter what. Any truth may derail the full retard stock rally. I can't fathom why retail stocks have been soaring, the real numbers have been horrible.

My local Macy's did $30k in the first hour last year. This year it took the whole day to hit $30k. My wife's mall store beat last year by $100, but the discounts were heavier so total profit was way below last year.

 Friday was a did past the added 9am doorbusters. Yesterday was like any other Saturday, practically deserted. I surveyed the scene on Saturday. At Best Buy, Target, Walmart, Home Depot, etc there were still Thanksgiving door busters left. I overheard a Target manager tell a stock boy to get everything left in the back out on the floor in the hope it would sell.

Pallets of $99 Dodge Viper Power Wheels sat on the floor Saturday night. The sale was over at closing. Something like that which is $189 retail sitting unsold is almost unbelievable compared to past Black Fridays.

I'd say this was the worst year for retail in history. 

Sun, 12/01/2013 - 14:50 | Link to Comment insanelysane
insanelysane's picture

CNBS spin tomorrow will be that you should be buying stocks based on next year's Black Thanksgiving shopping.

Sun, 12/01/2013 - 14:59 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

What is unfolding is the good news is bad news analog with taper.  Bad news means no taper so up risk.  Good news threatens taper so flee risk (because bad news is so frequent now, there haven't been many of these days).

For individual companies, bad news means they will have to do more share buybacks to polish up Earnings Per Share (and also the CEO's resume).  Good news means they won't do that so much and in silly fashion actually rely on making money to push the stock price.

Sun, 12/01/2013 - 15:46 | Link to Comment stocktivity
stocktivity's picture

It's all Bullshit!!!

Sun, 12/01/2013 - 16:25 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

"Finally, speaking of US consumers, recall that "strong" Thanksgiving sales were trumpeted every year between 2009 and 2012 only for the final holiday sales tally to disappoint without fail every single year. It remains to be seen if this time will finally be the opposite, as Bernanke's "wealth effect" finally trickles down to the 99%. Or not."

 

Tyler's last para, posted BEFORE the update showing a 3.7% in spending decline for the whole weekend.

This, of course, means taper off and more share buybacks and blame for the shutdown and Sequester.

Sun, 12/01/2013 - 14:47 | Link to Comment insanelysane
insanelysane's picture

The idiots that lined up on Friday last year are the same idiots that went out on Thanksgiving this year.  Ponzi's need more idiots to keep going unfortunately the government is not producing idiots at a fast enough rate.  Not for a lack of trying but probably due to poor execution.

Sun, 12/01/2013 - 16:06 | Link to Comment fxrxexexdxoxmx
fxrxexexdxoxmx's picture

If I stop my wife from shopping I do not get blowjobs. She can shop anytime she wants and I do not have to use my hands.

She is also the most intelligent women I have ever known. She does her thing and I get my thing.

Sun, 12/01/2013 - 16:53 | Link to Comment Papasmurf
Papasmurf's picture

So long as you can make "deposits" as fast as she spends, you have a good thing going!

Sun, 12/01/2013 - 14:59 | Link to Comment Nue
Nue's picture

Don't worry if you miss the black friday sales. You can pick most of that stuff off half-price in your local pawn shop come Jan/Feb.

Sun, 12/01/2013 - 16:46 | Link to Comment Jumbotron
Jumbotron's picture

That's truthy right there.  Or as I like to do my pawn store shopping.......www.ebay.com  and   www.craigslist.com

Sun, 12/01/2013 - 14:59 | Link to Comment I am Jobe
I am Jobe's picture

Peace on Earth. Jusus wants you to shop. Please shop Amerikan Sheeples and uy things you actually don't need as the economy collapses. Please listen your Lords in China and the USSA. They do mean well. 

Sun, 12/01/2013 - 15:01 | Link to Comment delivered
delivered's picture

Everything is about pulling consumption forward. Brown Thursday from Black Friday. Massive Yen devaluation combined with a consumption tax increase moving from I believe 5% to 8% sometime next year (thus pulling big ticket purchases forward). Artifically low interest rates to induce US consumers to buy new cars at zero interest rate, new furniture which you don't have to pay for until 2017, etc. The economy has become so dependent on pulling forward consumption to support GDP that eventually, only one of two things will happen. First, consumers may actually have to accept the fact that borrowing money involves repaying money (a rather novel concept in today's market). If consumers accept this, then when debt is actually repaid, combined with real wage decreases that are being experienced throughout the developed economies, a large drag on the economy will occur.

Or alternatively, the consumers will just revert back to their old ways of not repaying the debt and defaulting (claiming it was someone else's fault that I borrowed money I couldn't repay). Mortgage debt from 2009 through 2010, student loans and auto loans from 2014 through 201?, what's the difference? One of the biggest jokes of all time is the "claimed" deleveraging undertaken by consumers from 2009 through 2011. Yeah, right as I wonder just how much of this so called deleveraging was the direct result of debt write-offs versus actual repayments. 

I'm betting on the second scenario as there is no doubt that the US has mastered the art of borrowing with no intent of repaying (just look at the Federal Government). Anything to protect next week's numbers at the expense of our children's opportunities over the next decade. Let's face it, the US is now nothing more than a nation of junkies, strung out on the next sale, looking for the next "fix" from the government, hawking whatever is available to get to next month's click payment (and buy the latest gadget that will be obsolete in less than six months). 

At some point, the consumer will implode again based on one simple fact - They've been hoodwinked into taking on more credit at the same time their real income/earnings are decreasing. A lethal combination no doubt. 

Sun, 12/01/2013 - 15:01 | Link to Comment aztrader
aztrader's picture

Our sales on both our Amazon and Ebay stores are non-existent.   The Feds ZIRP policies are  bankrupting the middle class and people are running out of money.   When I saw the Black Friday specials on Apple products at Walmart, I knew that sales were toast.   Selling the IPAD $100.00 off and then giving them a  $100.00 Walmart gift card!   There isn't this kind of margin in electronics.    They pulled out all the stops this year and most likely pulled forward 50% of Decembers sales.

After dinner, we went out to see what kind of action the stores were getting.   It was pretty much what was expected.  They were buying the front page Black Friday specials and nothing else.    These stores were not making money on these sale items.   The talking heads will be cheerleading tomorrow about the sales irregardless if they turn into profit.

The phony economy is reaching it's peak and when Omamascare kicks in, these retailers will be finished. 

Sun, 12/01/2013 - 19:00 | Link to Comment BeanusCountus
BeanusCountus's picture

I think you are on to something here. I'm the CFO, and we HAD the best health insurance in the country. No deductibles, no co-insurance, no formulary drugs, see any doctor in the country. And.... It's gone. We tried and tried to keep it. Next year when our policy expires, staff will have a 500 per person deductible and co-insurance that could take another 1500 per person. And it will cost us the same. Average staffer makes 50k, so if he gets sick there goes about 5-6% of his after tax income. Where this ends up is not going to be pretty. However, Steve Liesman says we can just print more money and things are getting better. Hate to say it, but people are broke. And it will get worse.

Sun, 12/01/2013 - 15:01 | Link to Comment I am Jobe
I am Jobe's picture

PS: Wallstreet needs to bonus from your debt. Please do your part  and be a slave to the masters. Also do not forger the KOCH Brothers during this season. They are true Amerikans 

Sun, 12/01/2013 - 16:12 | Link to Comment fxrxexexdxoxmx
fxrxexexdxoxmx's picture

Never mention rich DEMS. Never mention George Soros and his money. Nor the Unions. Only the Koch brothers are evil.

Fucking tool.

Money corrupts, all money, at least make an attempt at understanding why our Republic is failing.

Do not forget the Bush's they are rich as well.

Sun, 12/01/2013 - 15:03 | Link to Comment pitz
pitz's picture

The numbers are now so bad that they can't even lie about them anymore and expect to get away with such.

Sun, 12/01/2013 - 15:06 | Link to Comment I am Jobe
I am Jobe's picture

They might blame it on the weather.

Sun, 12/01/2013 - 15:06 | Link to Comment Brian
Brian's picture

Well, I'm just about done with ZH now that these ads are all over the site and broken so that whenever I click on the page, I "accidentally" go to the ad...

Sun, 12/01/2013 - 15:06 | Link to Comment I am Jobe
I am Jobe's picture

Must be the Obamacare Website being tested in different sites. 

Sun, 12/01/2013 - 15:12 | Link to Comment therearetoomany...
therearetoomanyidiots's picture

use firefox with no scripts and ad block add ons.

Like a charm.

Sun, 12/01/2013 - 15:26 | Link to Comment Grifter
Grifter's picture

Might I also suggest Ghostery & Flashblock as well.

And then, after doing that, donate to ZH.

Sun, 12/01/2013 - 15:17 | Link to Comment ebworthen
ebworthen's picture

AdBlock Plus: https://adblockplus.org/

No ads, no pop-ups, no worries.  You don't even have to re-boot.

(link opens in new window/tab)

Sun, 12/01/2013 - 16:16 | Link to Comment fxrxexexdxoxmx
fxrxexexdxoxmx's picture

If ZH does not make money will it still be here? Ads suck but are neccessary. I really enjoy this site and I click on ads to help Tyler buy hookers and coke.

Sun, 12/01/2013 - 16:24 | Link to Comment Skateboarder
Skateboarder's picture

That's why you turn on adblock and just give Tyler the money directly.

Sun, 12/01/2013 - 15:18 | Link to Comment all-priced-in
all-priced-in's picture

https://adblockplus.org/en/internet-explorer

 

Free - it works - I no longer see ads - no more pop ups - no more undertone - they are just gone.

 

 

Sun, 12/01/2013 - 15:37 | Link to Comment Bad Attitude
Bad Attitude's picture

Ah, the joys of overly-aggressive advertisers. Haven't they figured out that pissing off "eyeballs" is counterproductive?

I, too, use AdBlock Plus, in addition to Flashblock and DoNotTrackMe. To view ZH on my iPhone I use the AdBlocker browser, which does a pretty good job of suppressing those ill-mannered pop-up advertisements.

Sun, 12/01/2013 - 15:46 | Link to Comment SilverIsKing
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How much do you pay every month for access to ZH?

Sun, 12/01/2013 - 15:51 | Link to Comment Griphook
Sun, 12/01/2013 - 17:01 | Link to Comment Papasmurf
Papasmurf's picture

Maybe you could do a google search for ad-blocking software or buy Kaspersky internet security for $15/3 pcs.  However, you may miss the advert for an Asian wife based on your personal preferances.

Sun, 12/01/2013 - 15:12 | Link to Comment Seasmoke
Seasmoke's picture

Wait, You mean if I have a $100 saved for Black Friday. If I spend it on Thanksgiving (instead of spending a nice day with family) there will not be an extra $100 when I wake up on Black Friday ???

Sun, 12/01/2013 - 15:13 | Link to Comment stant
stant's picture

smart moneys already out

Sun, 12/01/2013 - 15:14 | Link to Comment Smegley Wanxalot
Smegley Wanxalot's picture

Am doing my part and spending precisely ZERO this year for Christmas.

 

About Amazon, anyone else turned off by the price creep of those muthafuckas?  They are now among the more expensive options for stuff.  If I need something and go to Amazon, I do it to see the wide variety of avaible crap, note the price, and then find it for 5 to 20% less elsewhere, or locally.  It's like turning the tables on that shithole.

Sun, 12/01/2013 - 15:33 | Link to Comment Seasmoke
Seasmoke's picture

Yes I noticed that too. 10 years ago I would go to best buy and check item out before buying it from amazon. Now I go to amazon to check reviews before buying it elsewhere. Also sales tax coming their/our way on anazon sales in 2014..........,. DOA.

Sun, 12/01/2013 - 16:25 | Link to Comment fxrxexexdxoxmx
fxrxexexdxoxmx's picture

I just replaced my Kindle Fire that was two years old. The new model was $ 50 dollars cheaper with a much better screen. I do not know if they making money on the devices but they are making money off of how many books we buy.

Sun, 12/01/2013 - 16:36 | Link to Comment Skateboarder
Skateboarder's picture

You spend money on digital books!?

Sun, 12/01/2013 - 15:44 | Link to Comment Colonel Klink
Colonel Klink's picture

Yep, not one thin dime from me either!

Sun, 12/01/2013 - 17:03 | Link to Comment Papasmurf
Papasmurf's picture

About Amazon, anyone else turned off by the price creep of those muthafuckas? 

It depends on the item, but they are hitting long term plan if what you say is correct.

Sun, 12/01/2013 - 15:15 | Link to Comment novictim
novictim's picture

Forty years of stagnant US wages, parents working 2 jobs to pay rent and now children with massive student debt yet no jobs in sight...I think that this sales season will be far worse than these "cheerleader" sales-stories let on.

Sun, 12/01/2013 - 15:20 | Link to Comment ebworthen
ebworthen's picture

America is on the right track alright; we've thrown the one holiday we are supposed to spend with family being thankful under the bus for an orgy of consumerism.

Crossed the Rubicon.

Sun, 12/01/2013 - 16:37 | Link to Comment Skateboarder
Skateboarder's picture

Crossed the Styx, more like it.

Sun, 12/01/2013 - 15:23 | Link to Comment I am Jobe
Sun, 12/01/2013 - 15:49 | Link to Comment RafterManFMJ
RafterManFMJ's picture

Serfs, morons, and cannon fodder next.

Sun, 12/01/2013 - 15:25 | Link to Comment Miss Expectations
Miss Expectations's picture
Russian Orthodox Christmas
2013-01-07

According to the Russian Orthodox calendar, Christmas lands on January 07 and in Russia this day is a public holiday. Christmas is a much less commercial affair here than in the west, with presents, trees and parties usually saved for New Year. The holiday is mostly celebrated only by devout Christians who attend midnight mass at their local church on Christmas Eve before returning home to enjoy a traditional 12 course dinner (representative of the 12 disciples) with family and friends.

Sun, 12/01/2013 - 15:26 | Link to Comment I am Jobe
I am Jobe's picture

Jesus came to Americkasn in their dreams and told them to shop . So there u have it

 

Sun, 12/01/2013 - 15:28 | Link to Comment buzzsaw99
buzzsaw99's picture

this too is bullish

Sun, 12/01/2013 - 16:32 | Link to Comment Haager
Haager's picture

What else could it be? I forgot anything, I just know how to buy and to have a stupid smile on my face about the wealth I should feel by looking at my portfolio. I just don't know why, and I don't feel happy - just more and more lethargic.

Sun, 12/01/2013 - 15:33 | Link to Comment The worst trader
The worst trader's picture

Up 2 percent over all from last year. Economy is not better.

Sun, 12/01/2013 - 15:43 | Link to Comment Colonel Klink
Colonel Klink's picture

Bwahahahaha, I think they're going to find the entire season will be much lower than expected.  As stated, I'm sure they'll blame the weather or anything else they can come up with.

Sun, 12/01/2013 - 22:11 | Link to Comment StychoKiller
StychoKiller's picture

Hmm, wasn't it supposed to rain FRNs upon the land for 40 days and 40 nights?

Sun, 12/01/2013 - 15:44 | Link to Comment foxmuldar
foxmuldar's picture

Who has extra money to spend when your dreading the sticker shock when you finally log onto the Obamacare Unhealthy website. Add to that millions of folks working a 28 to 29 hour work week thanks to Obamacare and their isn't any way that folks have more money to spend this year. Unless of course their planning on maxing out their credit cards again. 

Sun, 12/01/2013 - 15:49 | Link to Comment Colonel Klink
Colonel Klink's picture

Only sheep will go to the Obamadeathcare site.

Sun, 12/01/2013 - 15:52 | Link to Comment RafterManFMJ
RafterManFMJ's picture

I, for one, have extra money to spend; just bought rifle plates and a carrier from ar500armor.com.

I really wanted a furry toy made in a Nork slave labor camp, but maybe next year...

Sun, 12/01/2013 - 16:27 | Link to Comment grid-b-gone
grid-b-gone's picture

Changed heallth insurance in November. Added one person. Coverage is better, but the total bill went from under $350 to $950. Christmas spending is about the only place the difference can come from. 

Look for a GDP boost in January, though, as a few million newly-covered get tests and procedures they have been putting off. 

From an investor's perspective, there will be a shift from retail to medical spending.

That also means a pretty good bounceback for 2014 Christmas shopping.

Sun, 12/01/2013 - 15:50 | Link to Comment Atomizer
Atomizer's picture

Mom and her cub heading into a US government subsided big box store to shop. Watching the MSM pricks compare imaginary fucking sales numbers to a nature for animals.

 

Let’s run an experiment. We’ll pluck 6 members from each Globalized Media Network. Executive’s/Board members are not excluded. Next, we’ll fly you off to a desolate location without anything but what your wearing.

For the next 72 hours, you will have to find resources to survive a non-human predator environment. Just contact me, the 8-10 session episode requirement is already prepared. 

When you borrow the future idea of these New Age Group types, why not designate them for a challenge.. LOL

At the end of survived experience, I’ll require a 30 page essay on.. Can Nature Kill Civilization? Or does, the Illusions of Survival Kill Society?

Sun, 12/01/2013 - 15:54 | Link to Comment Haager
Haager's picture

Is it just me or do things tend to get cheaper the coming days bc they weren't sold?

Isn't this the usual way someone should look on the markets?

Sun, 12/01/2013 - 16:40 | Link to Comment Atomizer
Atomizer's picture

The Dirty Secret of Black Friday 'Discounts'

http://online.wsj.com/news/articles/SB10001424052702304281004579217863262940166

 

Just wait until the retail marketing trolls goes cyber blue to like <Sore social thumbs up> any product to unload off the books. During the back scenes of event. Let hope our elected public servants are involved in scamming rather than,  governing the people who elected them.

U.S. Attorney’s Office, ICE, and FBI Caution Consumers on Cyber Monday Fraud

http://www.fbi.gov/detroit/press-releases/2013/u.s.-attorneys-office-ice-and-fbi-caution-consumers-on-cyber-monday-fraud

Deloitte warns consumers and companies to be vigilant of fraud on Cyber Monday

http://www.deloitte.com/view/en_GB/uk/b2439a3cf64a2410VgnVCM3000003456f70aRCRD.htm

 

Just let the Media sock puppets tell you it’s a seasonally adjusted figure.

Ask, what is the fiscal reporting start/end of each company your reporting these Global sales earnings? Do the sales figures includes a baked in projected % of Sales return fallout? What is the value you calculated giving Thanksgiving has been opened to offset lost days till Christmas market rally?

Sun, 12/01/2013 - 16:13 | Link to Comment smcapmachine
smcapmachine's picture

Useless data. Must look at four day weekend as a whole, including e-com sales.

Sun, 12/01/2013 - 16:42 | Link to Comment Atomizer
Atomizer's picture

Look above. Answer the vital questions at hand.

Sun, 12/01/2013 - 16:30 | Link to Comment cdude
cdude's picture

(Reuters) - ComScore Inc, an analytics firm whose data is closely watched by Wall Street, said U.S. online sales rose a total of 17.3 percent on Thanksgiving and Black Friday, the unofficial kick-off to the holiday spending season. The National Retail Federation estimated on Sunday that retail sales over the full Thanksgiving weekend will reach $57.4 billion, with the average shopper spending $407.02, down from $423.55, because of lower prices. (Reporting by Phil Wahba in New York; Editing by Chris Reese)

Sun, 12/01/2013 - 17:38 | Link to Comment Atomizer
Atomizer's picture

Listen hear fucknut cdude. let me help dissolve the bullshit you share as a debt slave worker.

Let me get this straight. The NRF is using the media to cover great numbers so they don’t have change the PowerPoint presentation to Board Of Directors?

http://www.nrffoundation.com/content/board-directors

There is no Nation Retail Federation debt slave, have a look .

http://www.muckety.com/National-Retail-Federation/5001319.muckety

Instituting no child left behind during your educational indoctrination will be discussed for centuries forward. Please continue to advocate higher minimum wages. Just ask a manufacturing union member how it all worked out for him/her. Brick & mortar service facility closes down. You’ve lost your job. You have no skills and are forced to go back to school to learn another trade which will be obsolete before you graduate. These are your people causing dismay, not us

Sun, 12/01/2013 - 16:34 | Link to Comment moneybots
moneybots's picture

Bill Martin said, "if retailers continue to promote Thanksgiving as the start of the holiday buying season, he thinks the holiday will eventually surpass Black Friday in sales.

 

If they move it to the day before Thanksgiving...

Sun, 12/01/2013 - 16:40 | Link to Comment roadhazard
roadhazard's picture

Black Friday has been going on for a week already so that is why the traffic is slow.    

Sun, 12/01/2013 - 17:10 | Link to Comment itchy166
itchy166's picture

I'm giving gold and silver coins for Christmas. TPTB have been keeping them at bargain prices forever. No line ups at my local coinshop either. 

 

Sun, 12/01/2013 - 17:42 | Link to Comment akak
akak's picture

How come the terrorists never show up at a Walmart on Black Friday?

Really, it would be a win-win.

Sun, 12/01/2013 - 18:43 | Link to Comment squexx
squexx's picture

Reflecting on some of the creatures I've seen at Walmart, it's not a bad idea!

Sun, 12/01/2013 - 17:51 | Link to Comment Bobbyrib
Bobbyrib's picture

Problem: People no longer have disposable income to waste on imported crap.

Solution: Add another shopping day into the mix.

Sun, 12/01/2013 - 20:27 | Link to Comment orangegeek
orangegeek's picture

we need MOAR FOOD STAMPS Barry

Sun, 12/01/2013 - 21:34 | Link to Comment Moe Howard
Moe Howard's picture

Provident had 10 troy oz silver bars for 49 cents premium per oz. Tonight at midnight they have various silver rounds for 59 cents premium per oz.

 

Now that is what I am talking about with Thanksgiving sales. No need to leave the house....

Sun, 12/01/2013 - 22:46 | Link to Comment BeerMe
BeerMe's picture

That is about in line with what we did for Black Friday.  For Friday and Saturday it was maybe something like 20% less.  This November has been slower regardless; right now I'm thinking it has been around 20% less for the month compared to last year.  What amazed me about Black Friday were some of the deals offered.  25% off storewide, etc.  That certainly doesn't give much of a margin.

 

I personally probably was around the $400 mark for spending for the whole weekend.  I'll have to look to see how it compares to last year.

Mon, 12/02/2013 - 03:14 | Link to Comment FearedDevil
FearedDevil's picture

Tyler - while I agree the decrease in sales.... you must wait for the entire picture of Cyber Monday.  The trend has been to move the sales online as ecommerce explodes.  Black Friday is experiencing the impact as newspaper's etc are - the digital migration.

 

Too soon for this piece but I await your wrap up of the entire season.

Mon, 12/02/2013 - 04:05 | Link to Comment TheRideNeverEnds
TheRideNeverEnds's picture

Fundamentals?!  Bah!  None of that crap matters.  Just buy the dips!  

What do you think we will be up this week?  3%, 5%, 10%?  One thing is for sure, we will not close the week down; we have entered the parabolic ramp phase.  Look at a chart of the Zimbabwe stock market of the past for reference.  

 

I think party will really get started when Yellen announces her first action as chairman to double QE and start outright buying E-minis, you know, for the wealth effect....  

 

Mon, 12/02/2013 - 10:59 | Link to Comment aztrader
aztrader's picture

No orders from 4 separate websites this morning including 2 on Amazon.   This economy is done and the drones just don't see it.   These stores are simply moving merchandise with no profit.   I watch the market head higher and it's total BS.   This Christmas is a bust and until the talking heads are shut up, no one will figure it out.

The next step will be offering them 0% interest on all their purchases without a credit appl.   We already see the banks back into it and soon most of the larger retailers will be doing it to sucker in more sales......

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