Uncategorized

Ho Ho Holiday Shopping: Bump Expected

By FITSNEWS || The 2014 holiday shopping season is about to kick into high gear as retailers prepare for Black Friday and the ensuing post-Thanksgiving rush. What sort of holiday shopping season will it be?  Early predictions call for a ramp up in holiday shopping – with the National Retail…

By FITSNEWS || The 2014 holiday shopping season is about to kick into high gear as retailers prepare for Black Friday and the ensuing post-Thanksgiving rush.

What sort of holiday shopping season will it be?  Early predictions call for a ramp up in holiday shopping – with the National Retail Federation (NRF) projecting a 4.1 percent increase from last year (which itself saw a 3.1 percent bump, according to the group’s numbers).  That would translate into $616.9 billion worth of sales during the months of November and December – minus car, gas and restaurant purchases.

ShopperTrak recorded a more conservative 2.7 percent bump in 2013.

Here in South Carolina, Winthrop University is slated to release a poll later this week detailing Palmetto State residents’ views on “the economy and how much they plan to spend on Christmas gifts.”

Should be interesting …

We’re hoping for a big year.  Contrary to the vibe we sometimes give off, this website is not all doom and gloom when it comes to the economy (although we’re not all rainbows and unicorns either).  We love capitalism – and we love watching it succeed.  In fact we love imagining how successful our economy might be if government stopped “helping” and let capitalism do its thing.

Anyway …

For those of you keeping score at home, 45 million Americans went shopping on Thanksgiving last year – up from 35 million in 2012.  That number is expected to climb again this year.  And while 56 percent of all holiday spending still takes place in December, that percentage has been steadily declining for the past three years as the share of November spending increases.

Also increasing?  Online holiday shopping – which accounted for $46.5 billion in 2013 (up from $42.2 billion in 2012).

When (and where) will you do your holiday shopping?  And do you plan on spending more or less this season?

To the comments!

***

Related posts

Uncategorized

Murdaugh Retrial Hearing: Interview With Bill Young

Will Folks
State House

Conservative South Carolina Lawmakers Lead Fight Against CRT

Mark Powell
Murdaughs

‘Murdaugh Murders’ Saga: Trial Could Last Into March

Will Folks

5 comments

Tazmaniac November 17, 2014 at 5:33 pm

Why stand in line for a good deal on a TV at Best Buy when you can go to Ferguson and score one for free?

Reply
FastEddy23 November 17, 2014 at 7:52 pm

Gives a whole new meaning to “Black Friday”

Reply
Chinese factory worker November 17, 2014 at 9:07 pm

We wuv woundeye Cwissmas!

Reply
RogueElephant November 18, 2014 at 8:08 am

Let’s see how many people get trampled this year . The “season of giving” giving broken legs, arms etc.LOL The “spirit of the season” as two slobs fight over some Chinese crap. LOL Black Friday proves you don’t need a zoo.

Reply
Rocky November 18, 2014 at 9:18 am

Taking my queue from South Carolina Political Digest – the econony sucks, and everyone is only working part time, and the cost of Obamacare is killing our families, so I’m only buying coal chunks and planting soil for my family, and we’re going to go eat the Sunday lunch special at Cracker Barrell.

Reply

Leave a Comment