Date registered: Aug 2005
Location: Lawrence, KS (USA)
Mentioned: 0 Post(s)
Quoted: 2 Post(s)
I read something but it might have been single company specific. I just don't remember. Somewhere I thought I read that Corporations took the charge when they got the monies. But I can see the other side of it also.
On the other hand, they at least KNOW how much they have in Gift Card sales so the point of how they did can still be answered whether they actually post the earnings January 1 or January 31.
Hopefully there will be a booming last minute kick. I was shocked at how easy I drove around both yesterday and today on the major mall areas. I got into the 1.5Million sqft mall area with no lines and parked right in front of the store I was going into this evening at 7. All the stores are open until 9 on Sunday which was a shock also.
I know online shopping has increased. I don't know what the UPS and FedEx guys are saying, they usually have a pretty good bead on what the online shopping trends are.
It just seems to me that every year at this time we hear the same old refrain: "Shopping is slow!" "We will never match last years record numbers." etc. But every year the numbers are better than the year before when all sales are recorded. We have been increasing by 4%+ every year I can remember, and I am sure that eventually some year we will not be up by such big numbers, but to my way of thinking as long as we are up and not down from the previous year, it is a success.
Don't believe everything you think