So Much For A "Record Black Friday": November Retail Sales Miss Big

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Tue, 12/13/2011 - 11:08 | 1973837 therearetoomany...
therearetoomanyidiots's picture

Sorry to hear that Tsar, i've been there a while, 2 folks OOW and the one's remaining unemp runs out for good this week, for us.  

 

AM - one of the biggest bullshit stories on television is the one the MSM is floating for the past couple of months, in support of the corporations, that they can't find any candidates here to fill these high tech jobs.   That's why they need to rubber stamp green cards for indians and chinese to come here and do the engineering work.  Not to mention all the back door code those clowns can build into our most important systems, what happens when we don't get along with these countries?  

 

The reality is that the labor pool is CHEAPER there, it's cheaper to bring those bastards here to right all the code, design everything, because the US has too high a standard of living, and likewise, paychex.   This is what this whole thing is about...lowering our standard of living so that corporations can make more money.    Bye bye middle class, it was nice knowing you...

 

 

Tue, 12/13/2011 - 11:32 | 1974017 Citxmech
Citxmech's picture

Bought a case of canning jar lids last month. Just checked what I paid and this month they went up $20.

Tue, 12/13/2011 - 09:50 | 1973428 SnobGobbler
SnobGobbler's picture

actually is a loss if you account for inflation. best season eva'!!!

Tue, 12/13/2011 - 09:51 | 1973430 youngman
youngman's picture

Well if I was a retailer...I would be analyzing this bigtime...its not a good business plan to give away everything on one day...and then to starve the rest of the time...the labor you have to hire and train for that one day is expensive too....

Tue, 12/13/2011 - 10:01 | 1973473 darkpool2
darkpool2's picture

If you can only fill your store with the bottom feeders, who have zero loyalty beyond give- away days, then its time to revisit your business model.

Tue, 12/13/2011 - 10:17 | 1973538 warezdog
warezdog's picture

Talk about givaways, they had a promo to give away free subwoofer cabinets with a purchase of a subwoofer in late november. I found $50 subs and ordered one at a time to get a "free" dual 12" enclosure, repeated this 3 more times each time choosing to pickup the speaker at the store and have the cabinets delievered. Long story short the cabinets were 58lbs each and delivered by UPS and retail today for $179 each, go figure how they made anything since the subs I bought were on sale already for half price. Cabs sold on CL for $75 each and I broke even on the subs, thanks BB for netting me $300!

Tue, 12/13/2011 - 10:06 | 1973487 firstdivision
firstdivision's picture

I'm sure they did analyze it.  I wouldn't be surprised if holiday hiring isn't way up, with less people being full-time.  Additionally, I see Best Buy closing some stores next year to lower costs. 

Tue, 12/13/2011 - 14:17 | 1974834 batterycharged
batterycharged's picture

yeah, 120,000, didn't ya hear?  Good thing for economy pumpers those temp jobs don't show up in weekly claims.

All upside!

Tue, 12/13/2011 - 15:47 | 1975332 batterycharged
batterycharged's picture

.

Tue, 12/13/2011 - 10:10 | 1973504 Snidley Whipsnae
Snidley Whipsnae's picture

youngman... Brick and mortar retail sales have been losing ground to on line sales since at least 1998 but since an enormous amount of money has been allocated to shopping centers the pace of brick and mortar collapse is relatively slow.

I see lots of closed and partially closed shopping centers in this area...and many homeless people wandering about aimlessly.

Tue, 12/13/2011 - 11:00 | 1973795 therearetoomany...
therearetoomanyidiots's picture

"I see lots of closed and partially closed shopping centers in this area...and many homeless people wandering about aimlessly."

It's the truth.

And people say zombie movies are fantasy...

Tue, 12/13/2011 - 09:54 | 1973434 augie
augie's picture

@Cdad That's dangerous talk. Could get you labeled an Alqueda sympathizer, best to keep shopping and take our pills.

Sent from iPhone

Tue, 12/13/2011 - 09:59 | 1973464 Cdad
Cdad's picture

No shopping...no pills here.  As for what someone might label me, I'm not worried about that now.  "I have been to the mountain...I've seen the other side."

Tue, 12/13/2011 - 10:05 | 1973478 jeff montanye
jeff montanye's picture

"or associated groups".  to be specified at a later date.

http://www.salon.com/2011/12/01/congress_endorsing_military_detention_a_...

Tue, 12/13/2011 - 09:53 | 1973436 The Deleuzian
The Deleuzian's picture

QE III anyone???

Tue, 12/13/2011 - 10:01 | 1973471 SheepDog-One
SheepDog-One's picture

That boy has cried wolf way too many times.

Tue, 12/13/2011 - 10:06 | 1973488 The Deleuzian
The Deleuzian's picture

But the wolf finally came!  Wait...That story didn't end well did it...

Tue, 12/13/2011 - 10:02 | 1973475 mayhem_korner
mayhem_korner's picture

 

 

Nah.  Ben's not going to unleash the $Kraken on this.  Equities continue their decoupled levitation, so there's no visible market indicator to panic TPTB.  And the last round of ECB coordinated bank liquidization should buy them through 'til New Year's at least. 

Tue, 12/13/2011 - 10:06 | 1973489 SheepDog-One
SheepDog-One's picture

Nah, time to bring it all down. No one believes in nonsense QE anymore, its not 2008 after all, and no one is fooled.

Besides, 'QE' is what pisses off americans the most right now, they identify it with 'handing free money to the rich', last thing Obama wants with his all-time low approval ratings...and $4.50 gas in his election year? 

Its not going to happen.

Tue, 12/13/2011 - 10:12 | 1973508 The Deleuzian
The Deleuzian's picture

Then the deflationary spiral has finally arrived...It was always lurking...Now for all to see, fangs and all!!!

Tue, 12/13/2011 - 10:26 | 1973588 mayhem_korner
mayhem_korner's picture

 

 

Possibly.  But deflation (of durable assets) has been creeping in all along since '07.  OTOH, all of the digital liquidity that has been propping up the TBTF banks has been but a dribble into circulation.  So the inflationary effects of the prior QE and Twist efforts have not really been felt yet.

To me the question is when will the retail masses really start bank runs in earnest.  That's when inflation will break out and a more full abandonment of debt obligations (asset deflation) will also accelerate.

Tue, 12/13/2011 - 10:33 | 1973619 The Deleuzian
The Deleuzian's picture

Good Lord!!!  Bank runs...That's all we need...That and more Zombie apocalypse TV shows!!!

Tue, 12/13/2011 - 09:55 | 1973441 EasterBunny
EasterBunny's picture

If adjustment were made for everything except price, wouldn't this actually mean an inflation adjusted (even using government stats) decline in sales? Maybe I read this wrong....

Tue, 12/13/2011 - 10:25 | 1973575 r101958
r101958's picture

Yes.

Edit: Of course, that is assuming they use real inflation numbers (as opposed to those published by the gov't) and that they actually publish that report.

Tue, 12/13/2011 - 09:55 | 1973442 takinthehighway
takinthehighway's picture

According to SurvivalBlog, gun sales were way up on Black Friday.

Maybe the sheeple are starting to wake up...

Tue, 12/13/2011 - 10:19 | 1973552 TSA gropee
TSA gropee's picture

To a limited extent probably, but my take is that those non-kool-aid drinkers are realizing more and more that lead is the other precious metal and that their delivery systems probably won't lose value.

Tue, 12/13/2011 - 09:55 | 1973444 John Law Lives
John Law Lives's picture

Time for FT to float yet another bailout rumour re. the EU...

Tue, 12/13/2011 - 09:59 | 1973465 SheepDog-One
SheepDog-One's picture

Rumors now have about a half hour effect? Better save it till 3:30.

Tue, 12/13/2011 - 09:56 | 1973449 kralizec
kralizec's picture

Ho! Ho!  Oh, &$#@!

Tue, 12/13/2011 - 09:57 | 1973454 Sardonicus
Sardonicus's picture

has SWHC or TASR reported sales yet?  That could make a difference. 

Some shoppers may have reallocated their spending after the shootings and mace attacks.

We might be okay yet.

Tue, 12/13/2011 - 09:58 | 1973455 SheepDog-One
SheepDog-One's picture

And the Wall St media whores are exposed once again. So much for their gushing over the RECORD black Friday nonsense. 

So sorry, it didnt work pump jockeys.

Tue, 12/13/2011 - 09:58 | 1973456 chunga
chunga's picture

Is this adjusted to reflect firearm sales? Headline on Yoohoo. This is insane.

U.S. Retail Sales Rise for Sixth Straight Month
Tue, 12/13/2011 - 10:41 | 1973644 therearetoomany...
therearetoomanyidiots's picture

"Retail sales rose 0.2 percent in November, the Commerce Department said Tuesday. That's lower than October's gain, which was revised higher to show a 0.6 percent increase. Still, more spending on retail goods is the latest sign that the U.S. economy continues to grow at a slow but steady pace.

The report is the government's first read on monthly consumer spending,"

 

This is the psychotic telling the psychiatrist everything's okay...and the media is the psychiatrist telling the family, everything is okay...and, viola, we have a massacre...

Tue, 12/13/2011 - 09:59 | 1973457 TideFighter
TideFighter's picture

YoY Pepper Spray sales were outstanding. For 2012 Christmas, go long tasers and .380 snubbies (purse size).

Tue, 12/13/2011 - 09:59 | 1973460 Miss Expectations
Miss Expectations's picture

Then there's the shrinking product phenomonon...Recently noticed that dunkin doughnuts have gotten smaller, the Ocean Spray Cranberry Sauce can has gotten shorter, the toilet paper rolls have gotten narrower.

Tue, 12/13/2011 - 10:00 | 1973468 TideFighter
TideFighter's picture

Stop shopping at the mini-mart.

Tue, 12/13/2011 - 09:59 | 1973461 Non Passaran
Non Passaran's picture

Hohoho!
Great call TD!
Congrats!

It's nice to see last week's hype surrounding the 5am deal unravelling fast as well. Finland is having second thoughts, the UK doesn't seem so "isolated" any more, etc.

Perversely, I've begun to enjoy fake good news - because they always turn out to be well, fake, but without any embarrassment on the side of MSM and political fucks who make them up as they go. Hilarious!

Tue, 12/13/2011 - 10:00 | 1973470 SamAdams1234
SamAdams1234's picture

Dont worry, Lil' Lindays Graham, McCain and Liberman will have the USA in a Keynsian Warr in IRAN and SYRIA.

 

Tue, 12/13/2011 - 10:04 | 1973483 MFL8240
MFL8240's picture

More lies from the goverment pupets!  What a fucking clown show!

Tue, 12/13/2011 - 10:08 | 1973484 island
island's picture

As Howard Davidowitz is quoted in an article on 12/2:

“If you look at the high-end customer, they don’t participate in early rushes,” Davidowitz said. “They ignore it as complete madness. So, nothing that exciting happened (this Black Friday). The hysteria is everywhere and the message is, of course, wrong.”

"At the end of the day, if you want to know ‘How’s business?’ the answer is not so good and that’s the truth.”

 

--- http://westfaironline.com/2011/17659-black-friday-retail-boon/"

Tue, 12/13/2011 - 10:05 | 1973485 Everybodys All ...
Everybodys All American's picture

There is no sustainable recovery and there have been no prosecutions.  Geithner and Bernanke have been failing and yet they remain in their respective positions. More debt, more QE, more media lies, more risk, and larger too big to fails. Now it appears that Obama gets re-elected on failed policy and no accountability. Unbelievable.

Tue, 12/13/2011 - 10:11 | 1973511 island
island's picture

Couldn't agree more.  The government has been totally captured.  A two party system where people pick the lesser of two evils is just a drawn out trip to hell.  We need to 1. get money and undo influence out of politics, and 2. proportional representation. 

Tue, 12/13/2011 - 10:06 | 1973490 williambanzai7
williambanzai7's picture

WALMART HOLIDAY PRICE RIOT

Tue, 12/13/2011 - 10:10 | 1973506 SheepDog-One
SheepDog-One's picture

LOL 47 inch LED....2 dollars.

PLEEEEEEEZE someone buy our crap we've been stuffing the channel for months, we'll just leave it out back come and TAKE it!

Tue, 12/13/2011 - 10:16 | 1973532 fuu
fuu's picture

A Craig's List IPO would solve our problems.

Tue, 12/13/2011 - 10:12 | 1973515 tarsubil
tarsubil's picture

Thank you. Man, things are just getting too f'ing grim for me lately.

Tue, 12/13/2011 - 10:14 | 1973524 Snidley Whipsnae
Snidley Whipsnae's picture

Banzai... Where is the $29.95 reverse engineered drone aircraft?

Tue, 12/13/2011 - 10:39 | 1973643 karzai_luver
karzai_luver's picture

Sams Club members only !

 

 

 

Tue, 12/13/2011 - 10:47 | 1973685 fuu
fuu's picture

That's cheaper than those little micro helicopters!

Tue, 12/13/2011 - 11:08 | 1973850 marcusfenix
marcusfenix's picture

Obama- "hello is this the Iranian dept of foreign affairs?"

Iran- "yes, who is this?"

Obama- " uh this is president Obama"

Iran- "who?"

Obama- "president Obama from the United States"

Iran- (crickets)

Obama- "ok, well listen it seems that you may have mistakenly taken one for our recreational model airplanes into your possession"

Iran- " we do have one of your top secret, uber high tech, super stealth drones in our possession at this time, yes that is true"

Obama- "no,no I think you misunderstand, it's just a fancy RC car that can fly, something the boys in Afghanistan use during their down time to relax, you know have some fun, it reminds them of home"

Iran- " it has high tech digital recorders and cameras"

Obama- "yeah well...we have some landscape photography nuts, and the scenery is very nice in Afghanistan, lots of...sand and rocks"

Iran- "it has carriages for missiles and bombs"

Obama- "oh, well that's, hunting you know? Americans love to hunt, it's in our DNA"

Iran- " hunting?"

Obama- " yeah you know it's deer hunting season and well, we did want our boys to miss out so..."

Iran- "deer hunting?"

Obama- "yeah, yes..yes"

Iran- " in Afghanistan?"

Obama- "sure"

Iran- "with hellfire missiles?"

Obama- " yeah, well listen, this is all just a big misunderstanding and we are really sorry it strayed into your airspace, so I was wondering, could you maybe send it back, we'll happy to pay for shipping?"

Iran- (unintelligible shouting in Arabic, but obviously cursing in stunned disbelief)

Obama- "um, hello?"

Iran- " I'm sorry but I do not believe that will be possible at this time"

Obama- "oh well, could you maybe blow it up then? maybe you could invite the Swiss ambassador to watch, he umm, likes to watch things...explode"

Iran- "no" (click)

Obama- "oh well, at least I tried, now where is that report written by Donald Rumsfeld ten years ago that proves beyond a shadow of any doubt that Iran has a fully working version of the bomb? ahh there it is, now then we'll just change the date to today, and the authors name to...ahh...somebody from the IAEA and viloa'... hmm I wonder if I will squeeze another nobel peace prize out of this?"

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