G53DSS said:Don't be! Have you seen the retail #'s the stores are posting this year! This is going to be a do or die season for them. I for one expect to see some of the best deals in a decade. If you don't see ads yet, it's because they haven't figured out how low they need to go to get customers in. It's sad to think that many of these stores will probably go under in January. Long term, thats not good for the consumer so it's another reason I think this will be prime time if you have the cash/credit. I find it interesting that people show no loyalty to their local B&Ms, search for the best deal (usually online), then complain when their local favorites go out of business. Same thing when WallyWorld opens new stores - people flocked in for low prices, then complain when local jobs and tax revenues decline. The retail recession started last year, when real estate values dropped and people could no longer use their homes as piggy banks to buy new Hummers, kitchens, family vacations to Hawaii, etc. Retailers were not expecting much of a holiday season even before the financial meltdown, cut back on their holiday orders and inventories, limiting the need for deep discounts to move merchandise. My forecast for BF - lots of promotion and hype, causing local lines and stampedes, followed by bait-and-switch deals and upselling for the less savvy, and disappointment for deal hunters. |