Is it just my impression, or retailers are pricing in a recession next year, wanting to liquidate inventory? I see 10-15% event sales that are recycled into another sale or are just extended after expiry. Is that normal, or are retailers looking to fill their coffers to stay liquid and solvent?
Are Retailers Overdiscounting This Season in Anticipation to Next Year's Recession That Bezos Warned Us about?
wisdomtooth on 06/12/2022 - 15:27
Last edited 06/12/2022 - 15:45 by 1 other user
Last edited 06/12/2022 - 15:45 by 1 other user
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Seems pretty normal to me. 10% discounts are well within retail margins so not particularly special discount.
Many retailers are perpetually "on sale". Unless it's a specific retailer that you've been watching and have seen their behaviour change I don't think there's anything to it. Personally I've found the opposite, for things I was looking for, this Black Friday was the worst in terms of discount for the past few years for example.
iphone (the golden gauge of 'wealthy' consumer buying power) , discounted 14 that only released couple months ago, seems to be lower priced than 13 that has been on the market all year long…
I think last year was worse for black friday sales (especially on amazon) but you're right. Just perpetually on sale. I will say the advertising THIS year was relentless though - Got to a point where I was bombarded by so many sales emails, (LOOKING AT YOU, THE ICONIC) - that I ended up setting filters to auto archive anything that had black friday in it.
This year I literally bought nothing from sales. I bought nothing last year too.
advertising THIS year was relentless though
That corroborates my suspicion…
retailers are pricing in a recession next year, wanting to liquidate inventory?
They had too much inventory expecting people to keep shopping like they did under lock down. Kogan got caught out this way.
For next year's recession they would have ordered less from factories.
Kogan got caught out this way.
That was last year ?
There wont be a recession next year.
agree. certainly for the US, after the mid terms and trump's announcement, markets will be pricing in a Biden victory in 2024. china looks set to abandon 100% zero-covid strategy. australian economy will keep on chugging. But retail will take a hit and they should be expecting tightened spending going forward, perhaps not as tight as it should be, since the cowardly rba wont raise rates fast enough to quell inflation.
markets will be pricing in a Biden victory in 2024.
🤣
it's subject to gop nomination and hwhether or not desantis throws his hat in the ring for 24.
- trump gets gop nomination unopposed and loses to biden
- trump wins gop nomination against desantis and loses to biden
- trump loses gop nomination against desantis, runs as 3rd party and splits republican vote, both to losing to biden
wild card: biden carks it before 2024, and trump wins against kamala
@wisdomtooth: You mean Elon’s something burger out of a nothing burger.
If you think Hunter Biden is a stain on Joe Biden. What do you think about Trump bringing in his Ivanka and Jared and them getting their fingers into government business when they are not elected neither did they get the job based on any type of formal competitive recruitment process.
I don’t have a leaning either party but just saying. When you start pointing fingers plenty of stuff to point fingers at.
I do like how Eon Musk didn’t realise the legal guy at Twitter is former FBI and he said part of the cover up. You’d think he checked the CVs (or LinkedIn profile) of all the remaining employees at Twitter.
After a month of taking over Twitter of that is all he can come up with I’d say that is sad.
Buying the dip?
Narrator:"Or will there……"
Specific examples?
Pre COVID price comparisons?