So Christmas is here, everything's been unwrapped, and we're all laying around fat and happy. But not for long.
Somewhere around ten o'clock tonight, we'll all get that little itch to get back out there with the masses tomorrow and do more shopping. Return stuff. Get more stuff. Use the gift cards that are already burning a hole in your pocket (like they are in mine).
Retailers, David and Goliaths alike, are waiting for this day to potentially save their holiday season. Sales percentages this year represent the worst numbers in decades. The majority of retailers, despite monster deals and promotions, are reporting losses.
Not a good forecast for our already bleak economy. Bad revenue now leads to more layoffs later, which has a ripple effect that touches us all.
So tomorrow is perhaps the second biggest shopping day of the year: Black Friday, the Sequel. And I hate to keep beating this drum, but if our big retail giants are going a little hungry right now, that means our local independent retailers are starving. So if we're going to spend a little post-holiday cash and scratch our shopping itch, let's all try to do it at our favorite mom and pop places that need it a little more than Target and Walmart. So everyone can enjoy the holiday bacchanalia!
Thursday, December 25, 2008
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