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Euro Holiday Spending: Ho-Ho-Ho or Ho-Hum?

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Eldredge
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Re: Holiday spending..
Eldredge   12/1/2011 9:04:30 AM
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Also heard this AM that purchasing on credit vs. debit was higher than it has been in previous couple of years, suggesting a change in buyers attitiude. Sometimes I think it is dangerous to ascribe too much to the numbers, but perhaps that conclusion is correct.

tirlapur
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Re: Holiday spending..
tirlapur   11/30/2011 6:27:54 AM
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True, numbers really look impressive infact some analysts are calling it a record year. Analysts cited a number of reasons for this jump, including extended store hours, good weather, increased online shopping and pent-up demand.

Ms. Daisy
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Re: Holiday spending
Ms. Daisy   11/29/2011 2:09:08 PM
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@ Barbara, the discounts may hurt the manufacturers profit margins, but at least they got rid of old inventories that may have otherwise continued to stay in the warehouses at added cost and tying down capital.

Eldredge
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Re: Holiday spending..
Eldredge   11/29/2011 7:12:54 AM
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Those sound like pretty impressive numbers, given the overall state of the economy.

electronics862
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Stock Keeper
Holiday spending..
electronics862   11/28/2011 9:53:36 PM
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BGR reports that online balck friday sales grew from 24.3% over 2010 and total black friday spending rose 39.3% over last year sales. Mobile sales increased to 9.8 percent from 3.2 percent last year. The numbers only is the valid proof to say holiday spending went on high....

Barbara Jorgensen
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Holiday spending
Barbara Jorgensen   11/28/2011 9:53:54 AM
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From what I hear, Black Friday in the US went pretty well. However, prices were heavily discounted, so for consumers, it was great, but manufacturers may have problems reaching the level of profitbaility they expect.

Eldredge
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Supply Network Guru
Re: Kids disagree
Eldredge   11/28/2011 7:17:25 AM
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Ashish, I couldn't agree more. For one thing, as a parent I don't want my child's sense of value to be tied to what he/she owns. Confidence, assurance, and worth must come from inside.

Jennifer Baljko
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Re: Ho ho ho
Jennifer Baljko   11/28/2011 3:52:17 AM
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Quick update - No surprise what people are interested in this holiday season at least in the mall and department stores in Barcelona: tablets. Had to stop in for something else Saturday late afternoon, and crowds of people were ohhing and ahhing over a half dozen tablets on display. iPads, of course, seemed to get the most attention.  There also seemed to be some interest in e-readers, and people are always lingering around the camera section. Wasn't close to an iPhone mobile operator, so no word on that.

 

TIOLUWA
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Re: Buy the essentials?
TIOLUWA   11/28/2011 3:36:43 AM
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I'm not good with economic trends and pridictions, but i know many of these economic forcasts take into consideration human behavior.

Alot of things has become part of our basic life in this century, and to me, it will take more than a dip in the economy to change all that.

Even internet access is now a fundamental human right.

Ms. Daisy
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Supply Network Guru
Re: Buy the essential
Ms. Daisy   11/27/2011 10:58:40 PM
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@ Jaden, well said! I am of the opinion that this economy will change the way we consume products for good. Current generation came in at the time of prosperity and had to do very little to get a lot. Now its gut check time, and the free stuffs or subsidized things are long gone. We will henceforth be guided by needs not wants, especially if this economic gloom tarries a little longer! 

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