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We know who has all the money now

by Prometheus 6
December 5, 2003 - 2:01am.
on News

At Many Stores, Early Numbers Disappoint
By TRACIE ROZHON

Published: December 5, 2003

Retail sales in November, including the bellwether Thanksgiving weekend, failed to rise to analysts' expectations, suggesting that the Christmas season may not be as good as some retailers hoped a month or two ago.

But for luxury retailers, the season still looks upbeat. [P6: emphasis added] Shoppers tended to buy higher-priced, higher-profit items last month, even at discount stores

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Submitted by Al-Muhajabah (not verified) on December 5, 2003 - 11:29am.

I guess the rich have still got their money.

Submitted by phelps (not verified) on December 5, 2003 - 12:38pm.

I guess I'm rich. Everyone I know has the little things that they need, so I am concentrating on a few high-end ($75-200) gifts.Of course, the operative phrase in the article is "may not be as good". There doesn't seem to be any doubt that the season is going to be good for retailers, just not everything that they want."Whaaah! I got everything I wanted for Christmas from Santa but the pony! I didn't get a pony! Whaaah!"

Submitted by P6 (not verified) on December 5, 2003 - 5:12pm.

There doesn't seem to be any doubt that the season is going to be good for retailers, just not everything that they want."Whaaah! I got everything I wanted for Christmas from Santa but the pony! I didn't get a pony! Whaaah!"

You don't expect people to be satisfied with the idea of "enough," do you?

Submitted by phelps (not verified) on December 5, 2003 - 6:39pm.

Not as long as we stick with capitalism. "People being satisfied" sounds like communism. Hippies are satisfied, and I hate hippies. (Well, they used to be. Now they are into more coffee than pot, and they have too much energy.)