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Worst Shopping Season Since 2008

Frank130 Wrote: Dec 27, 2012 10:22 AM
"Worst Shopping Season Since 2008" Taxes are rising, inflation (another form of taxation) is rising, salaries are not keeping up, the standard of living is falling , too many economic uncertainties next year & the debt continues to sky-rocket. I'm surprised that the 2012 shopping season was not even worse.
AudiR10 Wrote: Dec 27, 2012 2:23 PM
You ought to send a thank-you card to Canada; half the people in Eastern Canada live within 2 or 3 hours of the American border, and most of them did at least some of their Christmas shopping Over There. Your prices are about 1/3 to 1/2 ours, and you don't have a 13% sales tax. Our Prime Minister thoughtfully raised the duty-free allowance after 48 hours Over There to $800. The seven last words of Canda are: "I will buy it in the States."

I am always suspicious of early holiday season reports of glowing sales around Thanksgiving and especially Black Friday. Then, right after Christmas I always wonder if retailers lowball estimates so they can beat-the-street on same-store-sales reports.

That said, because of the souring economy I am not surprised by reports of Lackluster Holiday Sales.

The 2012...