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Tag Archives: Black Friday

If The Best Case For Consumer Christmas Is That It Started Off In The Wrong Month…

Gone are the days when Black Friday dominated the retail calendar. While it used to be a somewhat fun way to kick off the holiday shopping season, it had morphed into something else entirely in later years. Scenes of angry shoppers smashing each other over the few big deals stores would truly offer, internet clips of crying children watching in horror as their parents transformed their local Walmart into Thunderdome. Two shoppers enter, one shopper leaves…with the goodies. Economists if they...

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The 10 “Grey Swans” Events For 2018

One of the traditional push backs against attempts to predict "black swan" events is that they are by default unpredictable, rendering the entire exercise moot. However, for the second year in a row, Nomura's Bilal Hafeez has found a loophole, or rather loop-animal: the grey swan. As Hafeez writes, while he would like to be able to predict black swans, by definition that is impossible. "However, its close cousin the grey swan can be foreseen. These are the unlikely but impactful events that,...

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Black Friday to Thanksgiving Weekend, Discontinuities Aside

I was expecting quite a bit more, but perhaps should not be surprised at what was actually delivered. The National Retail Federation (NRF) after delaying its Black Friday retail spending estimates updated them later today for the now designated Thanksgiving Weekend. These new figures capture spending activity on both Thanksgiving Day itself as well as the much-discussed Cyber Monday. The NRF, working through Prosper Insights & Analytics, has, the data, I believe, to go back and...

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Cyber Monday Was Great, But Inventory Looks At More Than Online Holiday Shopping

As expected, Cyber Monday hit records all across the retail industry. According to Adobe Insights, sales recorded by online outlets, including those of traditional brick and mortar stores, hit $6.59 billion. That’s a record not just for a Cyber Monday but any single day in the internet’s two decades of mainstream usage. It was, Adobe said, a gain of 16.8% compared to last year. The analytics firm also estimates that online sales made last week on Black Friday were up 10% over 2016. Retailers...

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Fading Black Friday

Black Friday was once the king of all shopping. A retailer could make its year up on that one day, often by gimmicking its way to insane single-day volume. Those days, however, are certainly over. Though the day after Thanksgiving still means a great deal, as the annual flood of viral consumer brawl videos demonstrate, it’s just not what it once was. The change has meant something in terms of economic commentary, too. Over the last several years, really going back to 2014, the internet has...

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A Golden Opportunity in 2018 Awaits as Distrust in Our Fiat Based System Accelerates

  A Golden Opportunity in 2018 Awaits as Distrust in Our Fiat Based System Accelerates Written by Nathan McDonald, Sprott Money News       Americans prepare to sit down, feast and give thanks this weekend for what they have, who they have and the good blessing that they have enjoyed over the past year.     This comes amidst a time period when their email boxes are being flooded with Black Friday...

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As America Gave Thanks, Homelessness Set New Records In Major Cities All Over The Nation

Authored by Michael Snyder via The Economic Collapse blog, If the economy is doing just fine, then why is homelessness at levels not seen “since the Great Depression” in major cities all over the country?  If the U.S. economy was actually in good shape, we would expect that the number of people that are homeless would be going down or at least stabilizing.  Instead, we have a growing national crisis on our hands.  In fact, within the past two years “at least...

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“I Was Expecting Many More People”: Black Friday Tumbles To 3rd Spot In Busiest Shopping Days Of The Year

It has been an odd year for retail: with an estimated 6,000 store closures, and 65,000 fewer retail jobs than at the start of the year, many have said shorting retail, and especially malls, is the next "big short" trade. Indeed, one look at the performance of the mall heavy CMBX 6 BBB- tranche confirms that the bottom has fallen out of the legacy "bricks and mortar" space. And yet, despite what should be a furious race to the bottom for market share by all still solvent non-Amazon retailers,...

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Caught On Tape: Chaos, Multiple Fights Break Out Among “Black Friday Zombies”

It’s Black Friday, and in keeping with the Holiday weekend tradition, media commentator Mark Dice traveled to Wal-Marts and other stores to document the “zombie apocalypse” of half-awake consumers hell-bent on elbowing past their peers so they can be sure to get the best deals on electronics, books, video games, clothes and any number of other popular holiday gift items. Of course, as Dice points out, many of the same deals can also be found on a little website called...

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