Sunday, December 13, 2009

In The News ...

I was watching the news last night with my dispatch partner when they showed the what-seems-to-be-obligatory news story about how badly retailers are hurting again this Christmas season. I’m not totally unsympathetic to their plight, especially having worked retail myself a long time ago, but I’m not quite sure why they’re all panicking just yet. With less than two weeks to go before Christmas, I suspect that a lot of people will still be out and about trying to find that “perfect” gift be it something big like a Sony Flat Panel TV or even something smaller like an iPod Nano 16gb.

According to the news story, people were actually spending more this Christmas season than they were last year. I believe that sales were up 10% or so from last year but I guess the problem is that last year was such a dismal year that even what seems like a decent increase in sales to me isn’t all that great – at least not from a retailer’s point of view. I think perhaps where part of the problem lies is that, according to the report, sales were up for people who made over $100,000 a year while they were down for those who made $30,000 or less and I’ve got to think that there are a lot more people who make closer to the latter amount than they do the former.

I’m pretty sure that if I made $100,000 or more that I’d be spending more on gifts because I could and because I would certainly want to as there is definitely joy to be found in being able to find the right gift for a friend or loved one. You can’t put a price tag on the look on someone’s face when they open a gift that they know you took the time to pick out especially for them … it would probably be very much like the look one would see on my face were I ever to open a gift like, oh … say a Nikon D90 that I bought for me from me! Until I can find that elusive winning lottery ticket, though, I’m going to have spend less and choose wisely – which means I can still get some great gifts, it just requires a little more work on my part to find the best deals – no matter where they may be!

5 comments:

  1. We are spending a lot less this year because we have too. They can bombard us with all the ads they want to. I won't go into any more debt!

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  2. just a little feedback, but it IS hard to tell your typing color from your link color....

    oh and I"m not sure why it took martha so much time to read the one and only comment ahead of hers....but I'm sure she found your article very helpful!! and I'm sure she'd be just thrilled if we all clicked on her very motivational links huh?? or not.

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  3. The only motivation that I had was to remove Martha's comment as spam as that's exactly what it was! These spammers drive me totally nuts but I guess we all have to make a living somehow, right? However, not on my blog - thank you very much!

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  4. I'm not helping this year at all. ASide from about $180 in gift cards, we didn't spend nearly as much as we usually do. Normally we could easily top $2000 for both families. But this year we're smarter about it. Guessing with the economy there's a lot of families out there doing the same thing.

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  5. We spent the same as always. We save all during the year though so we don't feel Christmas at all. It just works out better for us.

    Have a terrific day Linda. Big hug. :)

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