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Utah companies and consumers prepare for Cyber Monday

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  • Brave Sir Robin San Diego, CA
    Nov. 28, 2011 9:07 a.m.

    @My2Cents

    "What's surprising is there hasn't been any news or speculation about black friday this year. Must be bleak and really need some tweaking before they let out the bad news or very small marginal profit this year."

    MSNBC headline this morning: Black Friday sales up 16% year over year.

    My2Cents: Right as usual. *eye roll*

  • Thomas Paine South Jordan, UT
    Nov. 28, 2011 6:59 a.m.

    Why all the hype for Cyber Monday? In my opinion the internet deals were considerably better on Thanksgiving and Black Friday (however, they had more brick and mortar retail competition). Then again, give the day a cool name and people will spend money.

  • My2Cents Taylorsville, UT
    Nov. 28, 2011 5:57 a.m.

    What's surprising is there hasn't been any news or speculation about black friday this year. Must be bleak and really need some tweaking before they let out the bad news or very small marginal profit this year.

    I don't think cyber shopping will be as good as they hope either becasue retailers are giving them some competition with in hand supply and no shipping cost. Cyber sellers are raising costs by raising S&H so high that if a product is returned the consumers already paid retail in non refundable shipping charges. Most of the time, cyber products are never what you expected and ads have become misleading and phony.

    I think trinket items in stores will be hit hardest this year because of the cash and carry shoppers and fewer impulse selling or buying. Unlike government, consumers have to live on a balanced budget system. We woke up and figured it out, debt is not income yet it is taxed as income.

    PS- note to all retailers, consumer incomes have a lot to do with profit, and M.I.C. is unpopular.