"Sales during the day after Thanksgiving rose 3 percent to $10.6 billion, according to preliminary figures released Saturday by ShopperTrak RCT Corp., a Chicago-based research firm that tracks sales at more than 50,000 retail outlets."
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I think this is a little worrisome! Alot of discounting was going on to manage these numbers! Remember what happened last year?? Here is the article after Black Friday last year:
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Remember after that spending increased only 2.4% for the entire holiday period (including the huge Black Friday numbers). Plus last year there were more shopping days after Black Friday till Christmas.
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This guy must not know how to manage. Keep in mind he is a small fish too!
"Afraid of being caught short if demand is high, Young didn't cut back on his inventory for this year's holiday season. He's relying on his novel products and attentive customer service to lure shoppers away from toy giants like Toys R Us."
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quote:Originally posted by Machiavelli: Sunday was a bust... we ended up $33,000 in the red for the day...
How is that possible?
Our goal for the month was $133,000 or so for the month... as of the last day of November we had about $100,000... and didn't make up the $33,000... so we were $33k in the red for the day and month...
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by Machiavelli: Sunday was a bust... we ended up $33,000 in the red for the day...
How is that possible?
Our goal for the month was $133,000 or so for the month... as of the last day of November we had about $100,000... and didn't make up the $33,000... so we were $33k in the red for the day and month...
still doesn't make sense.
Your "goal" doesn't equate to break-even, eh?
What you're saying is you guys were $33k off-target; has nothing to do profit/loss--if you catch my drift.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Yah I catch your drift... I don't know if our location or company is in the red or not... the owners are secretative about such things and do not let us know since it is privately owned... but judging by the #'s in our books and current economic situation... our location is doing good for the year... just that November was a setback for us because someone sold a big ring last year on the last day of Nov. I use the term "being in the red" rather broadly... doesn't mean were in losses just that we didn't mean our goal for the month hence were in the "red" in reaching our goal of $133,000.
Anyways my flight to Nicaragua is tonight so see ya's when I get back if all goes well. Will let ya know the political and other climate down there when i return.
-------------------- Let the world change you... And you can change the world.
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