Thread: Black friday
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Icy
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Quote:
Originally Posted by randallg99 View Post
Russ-

Among my group of peers we've concluded that retail sales have been spiking during large events and holidays such as Black Friday and New Years, Pres Day, Mem Day, 4th July, Labor Day, Veteran's Day, etc.... and then the non-Federal holidays i.e. Columbus Day, MLK Day (which is a Fed day now), among others.
During a break one day I was reading in the newspaper that last year sales for Christmas were down 3% last year (I think compared to the year before?). And are projected to be up by 1% this year. Now, don't quote me on the number because I had only a few minutes so I had to scan the article but surely they don't spark during all holidays. Of course sales will increase but a dozen days out of the year will hardly set you in the green.

Am I just missing something\misinformed? If so correct me because I'm certainly trying to learn.