Black Friday, who's doing it?

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Mogul of Pineapples
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Black Friday, who's doing it?

Postby Mogul of Pineapples » Thu Nov 27, 2008 2:45 pm

I normally don't do this but tomorrow I'll be out at 6 am buying a few things, the necessities at places like Target and then gifts at other places. I'm going to be going to a mall where I can use the Discover gift card promo too to multiply my savings.

There are tons of good deals this year with retailers being desperate. We have never seen these kinds of discounts. It will either be a dud because of the economy or a surprisingly moderately good day with all of the unbeatable sales.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

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AnthonyBarone
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Postby AnthonyBarone » Fri Nov 28, 2008 7:39 am

Folks will buy the cheap things they need and that's it. I'm heading out now to see what's cookin but its 8:30 here so I've missed the good stuff.

No matter though I can't afford it anyway. I've lost my shirt on this damn market.

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Cucumber
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Workers died today because of black friday

Postby Cucumber » Sat Nov 29, 2008 1:23 am

There was a worker killed at a Wal-Mart. Supposedly customers charged through the door at 5 am and refused to wait and the worker got trampled in the process. :(
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Postby 507toplay » Sat Nov 29, 2008 2:54 pm

I don't think many can afford to shop this year to be honest.

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fffresh
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Postby fffresh » Sat Nov 29, 2008 7:45 pm

I believe consumers were disappointed when they came to find the alleged black Friday deals ended up not being much of a deal at all. I strolled the mall in my neighborhood and was disappointed to see the sales were not much of an improvement over any of the other dozens of sales they have every year. The store H&M had no sale prices whatsoever which I found extremely shocking and disappointed.

The masses turned out but I didn't see too much buying going on.

bozell
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Postby bozell » Sun Nov 30, 2008 2:58 am

it was said sales were up 3% over last year so it looks like the retail sector isn't hit as bad as everyone is acting like it is.

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Postby Floppster » Sun Nov 30, 2008 9:28 pm

3% isn't to bad. However I think the Retail market still got hit bad. I didn't really buy anything besides a new router. Spend a grep load of money the previous weekend so I have to slow down :)
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Mogul of Pineapples
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Postby Mogul of Pineapples » Sun Nov 30, 2008 10:12 pm

The "experts" were predicting negative numbers so the 3% turns out to be great when you look at it that way. I don't know where Americans are getting this money though to buy, buy, buy. My family and I are not exchanging gifts this years since we have all been hit bad.

Something else to point out is that there were many sales because of going out of business sales too. We have Cicuit City, Meryvn's, and Steve and Barry's just to name a few. I visited Steve and Berry's today and customers were buying up everything simply because it was so cheap- like $4 shirts, $10 coats. Take away those going-out-of-business sales and the numbers would be flat probably.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

AnthonyBarone
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Postby AnthonyBarone » Mon Dec 01, 2008 7:45 pm

I ended up spending less than a hundred bucks Friday. No can do to spending when I've lost my shirt in the market now.



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