#WackFriday

The National Federation of Retailers is out with some bad news about Black Friday – it sucked.

Some superlatives via WSJ:

“Shoppers spent an average $159.55 online, down 10.2% from $177.67 last year.”

and…

“the number of people who went shopping over the four-day weekend declined by 5.2% to 134 million, from 141 million last year.”

and…

“Total spending from Thursday through Sunday sank 11% from a year earlier to $50.9 billion”

The excuses you’ll hear will range from the warm weather in the Northeast to the protests to the late scheduling of Hanukkah this year to the whole “consumers are smart enough to wait til closer to Christmas”.

My own take is that online is going to be big all month long and traditional shopping patterns are null and void. There’s nothing important about Black Friday to most consumers anymore. They know the deals will be endless and often.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. india post tracking commented on Sep 23

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]

  2. travel vaccinations commented on Oct 29

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]

  3. digital transformation agency commented on Nov 26

    … [Trackback]

    […] Here you can find 74658 more Info to that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]

  4. cbd oil reddit commented on Nov 28

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]

  5. Call Now commented on Dec 12

    … [Trackback]

    […] There you will find 37202 additional Info to that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]

  6. KIU-Library commented on Dec 28

    … [Trackback]

    […] There you will find 99794 additional Info to that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]

  7. cheap wigs commented on Jan 20

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]

  8. Acidlab Miami manuals commented on Jan 21

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2014/11/30/wackfriday/ […]