For retailers, little cheer after promising start

  • Article by: THOMAS LEE , Star Tribune
  • Updated: December 24, 2012 - 9:27 PM

Holiday sales up 3 to 4 percent over 2011, well below expectations.

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ciamanDec. 24, 12 2:38 PM

I just learned that the average consumer has now lost 40 percent of their net worth up to now. Gee, I wonder why the consumers are holding back since they have lost so much and are out of money to spend. None of the "hope to spend" AP writers knew that, I would wager. I have cut back much on our spending. You either save it or spend it. You cannot do both things.

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professormnDec. 25, 12 7:27 AM

The hype turned me off this year and it only gets worse each year with how Black Friday is run. I think the retailers ruin Christmas by badgering their customers instead of wowing us with products and the pretty little tinge of Christmas. Watching news stories of people getting trampled and missing Thanksgiving to shop turns me off the Christmas. Rudolph, Santa Bear, and other Christmas promotions get people in the door and make the holiday great, but forcing employees to work on Thanksgiving and only having one big sale loses customers in the end. Christmas was built by retailers promoting the goodness of giving, but now it is dying from greedy Scrooges looking for quick profits and trampling values.

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thankbhoDec. 25, 12 7:18 PM

Now that Obama has been re-elected, you will need to come up with even more creative excuses for the obvious. It's too windy, too hot, too cold, too nice, too good......blah, blah, blah. Consumers are going to tread lightly with this clown at the helm for another four years.

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theagonybhoDec. 26, 12 2:35 PM

Lots of takeaways here, 1 christmas has turned into black friday and cyber monday and thats about it. I have been out several times this season shopping, malls were empty. The excuses this year the storm the drought the cliff, in reality the election had more to do with it than anything. Elections have consequences and prepare for it in 2013, lower hiring, massive layoffs rising unemployment, Obamacare taxes, its all going south folks.

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