HobbitFoot@thelemmy.club 1 year ago
Lots of companies would see their stock price lower as Christmas is a major generator of sales, both with sales and themed goods.
I’d call that the shock period. But imagine that would be temporary and less bad then we think.
Eventually I’d hope for less stores that only open for the holiday season and only hire for the rush. Things could just spread out more and we’d all be less dependent in revenue created from one event. We could focus our buying power on useful things and less cheap plastic crap bought to appease old rituals.
All very optimistic and unrealistic thoughts though
Except that Christmas is also touching on a consumer activity that isn’t prevalent during the rest of the year, showing others how much you love them with money.
It is a different kind of buying activity than the rest of the year, which is usually purchases for yourself mixed in with some birthday presents.
AA5B@lemmy.world 1 year ago
They’re thinking ahead : Prime Day and Target Day are becoming big sales events not attached to any holiday
HobbitFoot@thelemmy.club 1 year ago
But those days are different; it is more about clearing out old inventory.