Retailers Counting Dollars After Christmas Holidays

The retailers did pretty good this year and I’m sure Wall Street is happy with some of the numbers coming out. A lot of people spent money this year and this was a year where we saw double digits for the unemployment numbers and this usually isn’t a good sign for investors or retailers during the holidays.

Even though consumers spent money this year, it doesn’t mean they bought high-priced items. There was a lot of bargain shopping taking place. I’m sure many people saw this on Christmas morning when gifts made of diamonds and gold; suddenly turn to gifts of teva flip flops and hair blow dryers. Nothing wrong with these gifts and people will get as much use from these Christmas gifts as they would have gotten from a gold necklace. We may have to put the expensive gifts on lay-away; as we still wait for this struggling economy to fully recover and this may be 3 to 5 years down the road.

How thrifty was your spending this holiday season? I don’t normally spend a lot of money on Christmas, so my shopping patterns were pretty much the same this year; as they have been in previous years. Consider yourself lucky if you got the typical gifts that you normally get for Christmas. I do see a lot of bargains now and consumers will find good deals, if they have any money left to spend.

cropped denim jacket

You can still search online for the easiest ways to discover these bargains. Shopping online is the new way we look for stuff now. It is a lot faster and we don’t have to waste gas driving to the mall or worry about finding a good parking place. Shoppers that are impatient, may not like the 4 to 6 week delivery time, but you don’t have to buy online. Just browse the products online and you can still drive to the store, if you must have that product today. If you find a nice jacket for sale online and fear winter will be over by the time it arrives through the mail; you can just make a bee-line path to the store and buy that cropped denim jacket in person. It doesn’t hurt to look for specials online. It’s also a good idea to compare prices online, so you can go to the cheapest retailer for a specific product. Have fun shopping and it should be interesting to see how the month of January does for retailers.

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