Black Friday, Cyber Monday, now squarely in the rearview mirror, how did the merchant class do?
Well, reportedly retailer sales dropped 10 percent to 10.4 billion from 11.2 billion from 2014.
Are people realizing how ridiculous this faux-shopping holiday is? No, not really, instead of rushing to stores , people are now just buying online. There was an uptick of 14.3 percent of online sales. So in an overall sense there is growth.
That’s not the only reason why sales were soggy this year, retailers have extended this faux-holiday to a whole week, diluting the number of would-be shoppers by offering “sales” all week.
In other news, the FBI received a huge amount of background check requests, which means a lot of sales for gun sellers. The surge in sales seems to be related to recent shootings.