{"id":75830,"date":"2009-12-11T06:53:00","date_gmt":"2009-12-11T11:53:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/after-lackluster-november-holiday-sales-are-shaping-up-to-be-a-complete-disaster-2009-12"},"modified":"2009-12-11T06:53:00","modified_gmt":"2009-12-11T11:53:00","slug":"november-to-december-retail-sales-dropoff-is-worse-than-in-2008","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/75830","title":{"rendered":"November To December Retail Sales Dropoff Is Worse Than In 2008"},"content":{"rendered":"<p><a href=\"http:\/\/www.calculatedriskblog.com\/2009\/12\/retail-sales-looks-like-middle-of.html\"><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=167a6c799064534a4291ae00&amp;maxX=369&amp;maxY=277\" border=\"0\" alt=\"down arrow\" width=\"369\" height=\"277\" \/>Calculated Risk<\/a> points to this excellent piece in the <em><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704193004574588183051587764.html\">Journal<\/a><\/em> on the resumption of <a href=\"http:\/\/www.businessinsider.com\/final-november-retail-sales-are-a-huge-disappointment-2009-12\">November&#8217;s retail carnage<\/a>.<\/p>\n<p style=\"padding-left: 30px;\">The first week of December, typically a lackluster time in the wake of Black Friday, was particularly slow. Sales for the week ended Dec. 5 fell 18% from the prior-week period, which included Black Friday, according to market researcher ShopperTrak RCT Corp. Last year, when the recession was in full force, sales fell a lesser 14%, according to the firm, which compiles shopping traffic at malls and uses sales statistics, as well as Commerce Department figures, for its estimate.<\/p>\n<p style=\"padding-left: 30px;\">&#8220;After solid traffic the first couple of days, it looks like the middle of August out there,&#8221; said Stephen Baker, vice president of industry analysis for retail watcher NPD Group.<\/p>\n<p style=\"padding-left: 30px;\">Sales this season got off to a slow start in November, inching up just 0.7% over the prior-year period, according to market researcher Retail Metrics Inc. November mall traffic fell 6.1% over the year-ago period, according to ShopperTrak. Experts report similar trends for December.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704193004574588183051587764.html\">Read the whole thing &gt;&gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/something-bad-happened-between-october-in-november-2009-12\">And don&#8217;t miss the full evidence that the October-November marked the end of the V-shaped recovery &gt;&gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/after-lackluster-november-holiday-sales-are-shaping-up-to-be-a-complete-disaster-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/november-video-game-sales-fall-8-percent-to-27b-2009-12\">November Video Game Sales Tank<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/deutsche-bank-bad-weather-does-not-explain-the-november-retail-debacle-2009-12\">Deutsche Bank: Bad Weather Does Not Explain The November Retail Debacle<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/final-november-retail-sales-are-a-huge-disappointment-2009-12\">Final November Retail Sales Are A Huge Disappointment<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/JZZDeAGYgCI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Calculated Risk points to this excellent piece in the Journal on the resumption of November&#8217;s retail carnage. The first week of December, typically a lackluster time in the wake of Black Friday, was particularly slow. Sales for the week ended Dec. 5 fell 18% from the prior-week period, which included Black Friday, according to market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-75830","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/75830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=75830"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/75830\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=75830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=75830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=75830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}