Wednesday, December 24, 2008

Red Thursday

Christmas will be Red Thursday this year, or maybe black-and-blue Thursday. Retailers aren't seeing a good season this year. Low sales numbers, lots of unsold inventory, and they're looking at even steeper discounts for the after-Christmas sales to try and lose as little as possible. Considering the number of 50%- and 75%-off sales already, I don't see how they can discount much further. And if 75% off isn't attracting buyers, then there just aren't buyers to attract.

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