Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Keith Howells who wrote (113396)	12/25/2000 7:55:41 PM
From: Glenn D. Rudolph	Respond to of 164684

Barnard, president of Barnard's Retail Trend Report, which forecasts retail industry trends and consumer spending patterns, said the last-minute shopping surge started on Friday. He expects average sales among stores that have been open a least a year to increase a bit more than 3 percent -- far below the growth of 6 percent to 6.5 percent posted last year. Still any growth would be higher than last year's extraordinary showing. Much of the last-minute activity was the result of what Barnard called ``promotional gymnastics,'' where retailers did the marketing equivalent of headstands to bring in customers. ``Much of this promotional gymnastics comes at the expense of gross margins, and that will undoubtedly be reflected in fourth-quarter results,'' Barnard said. Keith, This is from your article and is very accurate from my experience this season. My on-line store is likely not indicative of anything but my traditional stores are.