Author Topic: Black Friday and beyond  (Read 34 times)

Origisaurus

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Black Friday and beyond
« on: December 13, 2009, 09:19:02 pm »
The retailers are really pushing hard.  Fattest Sunday papers I've ever seen.  Wonder if it's working.

I read somewhere that Christmas gift spending amounts to 0.75% of GNP.  That's razor-thin.
Avatar is from the cover of the November 2007 National Geographic.  Fair use is assumed.

Richardk

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Is that right?
« Reply #1 on: December 14, 2009, 02:49:16 am »
Quote from: Origisaurus
I read somewhere that Christmas gift spending amounts to 0.75% of GNP. That's razor-thin.
Is that all? I thought for many non-box stores the holiday season was when they made the majority of their yearly profit.


Origisaurus

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re: Is that right?
« Reply #2 on: December 14, 2009, 09:39:49 am »
Quote from: Richardk
Quote from: Origisaurus
I read somewhere that Christmas gift spending amounts to 0.75% of GNP. That's razor-thin.
Is that all? I thought for many non-box stores the holiday season was when they made the majority of their yearly profit.
Well, I read it in the newspaper, and we all know how good journos are with numbers!  

Avatar is from the cover of the November 2007 National Geographic.  Fair use is assumed.

TRexx

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Black Friday and beyond
« Reply #3 on: December 14, 2009, 10:04:19 am »
GNP = Gross NATIONAL Product

I think the point is that Black Friday may have a huge impact on an individual store's bottom line, but not the country as a whole.




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