Tuesday, December 23, 2008

Whistling Past the Graveyard

From the Seattle Business Journal:

The National Retail Federation says that more people are waiting longer to start holiday shopping this year, likely because they are waiting for more discounting from retailers. Teague said the real question is how much the last-minute shoppers will wind up spending when they do get out and shop.
My alternate theory is that people are waiting to shop because, well, the economy sucks and they don't have a job. I sincerely doubt that you're going to see a big surge in shopping in the next two days, particularly given the weather here in the Pacific Northwest.

(via Slog)

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