Word: holidaying
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Dates: during 2000-2009
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...jack-o-lanterns are still on the stoop, but already we're seeing prices for holiday ornaments slashed in half at J.C. Penney and pricey toys at Wal-Mart marked down to $10 a pop. Home Depot skipped Halloween altogether, piling up Christmas trees by early October...
Retailers always engage in some Christmas calculus to get you to loosen your wallet during the holiday season, but this year it feels a little more desperate. Stores are starting their promotions earlier in the hopes of luring in customers quickly to spend money - before they're tapped out or the markdowns get any steeper. Black Friday, the Friday after Thanksgiving, is the traditional kick-off of the holiday shopping frenzy, and it will still be the biggest sales generator of the season. But don't sweat it if you can't shop that day. "We will start...
...many retailers, holiday sales account for as much as 40% of their annual revenue and up to 80% of their profits - hence the name Black Friday or the day when stores traditionally go from being "in the red" to "in the black." That's an overstatement, but with holiday forecasts predicting flat to 1% sales growth - according to Bain & Co and Archstone Consulting respectively - retailers are anticipating one of the toughest holiday shopping periods in decades. Consumers cut back spending in the July to September quarter by the largest amount in 28 years as they grappled with a tanking economy...
...Instead, Americans need the pragmatic leadership that Barack Obama has amply demonstrated during his career in public service. Proving this maturity, he rejected a politically popular gas tax holiday last summer that would have reduced federal revenue without saving consumers money. He bases his decisions on science and empirical research, which the Bush administration has so emphatically rejected. James Heckman, a Nobel laureate in economics asked to review policy proposals by the Obama campaign, testified to this, noting, “I’ve never worked with a campaign that was more interested in what the research shows...
...Estonians do not celebrate Halloween. The holiday that most kids in North America and many in other parts of the English-speaking world look forward to for months has not caught on across much of continental Europe. But why care about costumes and plastic pumpkins when you've got the real thing? That's what most Estonians think. You can't walk far in the darkened streets of Tallinn, especially at this gloomy time of year, without running into a ghost - or the story of one, at least...