The Holiday Season Is Already Over For Retailers

[jeffrey]

The holiday shopping season begins Friday with a blitz of early morning specials. For some merchants, though, it's practically over already.

Piles of jewelry, clothing and electric drills are bypassing store shelves and heading straight to liquidators by the caseload as stores try to save as much cash as they can.

Major department stores and mall-based chains have cut prices up to 70 percent to move out mounds of excess inventory stuck in the pipeline since the financial crisis hit in September and people snapped their wallets shut...

Holiday Season May Already Be Over For Frantic Retailers

[rob62521]

We were in a nationally known fabric store two weeks ago and they already had their Christmas merchandise marked 40-50% off and I noticed their inventory was half of what it normally was. So, I can see where this article has some merit.

[StressLess]

I don't know, I was shopping on Sears.com and around 9:30 a.m. it slowed to a crawl. I'm assuming they're overloaded with shoppers. My neighbor spent 45 minutes waiting in line at Petsmart the other day because of the high volume. The local news is still reporting folks camping out in lines for Black Friday deals. It looks to me like people are still shopping.