November 29, 2004

WELCOME TO THE POST-POST-9/11 WORLD:

http://www.latimes.com/business/la-fi-shop29nov29.story>Retailers' Early Holiday Present: With shoppers flooding stores, experts say Thanksgiving weekend spending is likely to have beat last year's. (Annette Haddad, November 29, 2004, LA Times)

The holiday shopping season got off to a strong start over the weekend as consumers handed the nation's retailers an early Christmas gift.

The National Retail Federation, the industry's main trade group, said Sunday that 133 million people hit the stores, plunking down $22.8 billion. That was more than 10% of the $220 billion that merchants hope to rake in by the end of December.

Posted by Orrin Judd at November 29, 2004 9:18 AM
Comments

According to the NYT this morning, there's nothing but doom and gloom on the economic horizon because weekend shopping was a bust. Maybe because here in the northeast the weather was absymal and the traffic horrendous, so it's a good bet that lots of people who didn't have to go out in it, stayed home and finished off the turkey and pies instead of hitting the malls.

Posted by: erp at November 29, 2004 9:44 AM

Well, She Who Is Perfect In All Ways did the Christmas shopping for the spawn Thanksgiving weekend from her office laptop. I'm not sure whether that counts in the weekend totals.

Posted by: Annoying Old Guy at November 29, 2004 6:10 PM
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