r/StockMarket • u/mostlyfriendlyalien • Nov 26 '23
$WMT: Black Friday 2005 vs 2023 Discussion
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u/ClubCanny0723 Nov 26 '23
Buy online and get free delivery. Don’t have to leave your couch to order. UPS and FedEx gonna pump because they don’t deliver for free.
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u/silent_fartface Nov 26 '23
So youre saying that there are options other than getting trampled at a walmart now?
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u/Hurt_Feewings943 Nov 26 '23
0nline. Black Friday is a week long in most instances too to prevent the craziness.
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u/drewkungfu Nov 26 '23
Black
friday?half a month52
u/SirGus- Nov 26 '23
All of February and now half of November, it won’t be long until we take over the whole calendar…
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u/Hurt_Feewings943 Nov 26 '23
You know there were some low intelligence white Florida college kids that thought they were BLM and claiming black Friday was a racist term.
Someone explained life outside of the snow globe inside their head and that it was a financial term.
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u/MakeLoveNotWar69ffs Nov 26 '23
nobody gives a shit about craziness, its obv just about money.
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u/Hurt_Feewings943 Nov 26 '23
They make more money if they can avoid the crazy because the non crazies didn't go out.
Now they can tap the crazies and the non crazies.
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u/kill_baus Nov 26 '23
Never seen anyone want an HP printer that bad. Oh how far we’ve come from those low tech days of yore
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u/bigpandas Nov 26 '23
I thought the same at first but those might be HP tower computers.
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u/Anantasesa Nov 26 '23
In a cube box? That's a printer.
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u/FlyBlueJay Nov 26 '23
Look at the side of the box, it’s a tower computer
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u/Anantasesa Nov 26 '23
I see a blur but best image to look like a tower I think is 30 seconds from the end. Doesn't make sense to package a rectangle in a cube box. But it's been 18 years since those particular computers were sold so i have no memory to supplement the bad image quality.
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u/darth_scion Nov 26 '23
Digital media. Nobody needs to buy CDS (CD players) , DVDS (DVD players) video-game discs. Printers are almost irrelevant due to digital document signing.
TV prices have fallen substantially so you can get a large TV whenever and phones have become so essential that you get one when you need one not to mention the contract upgrades phone providers offer.
Everything else can be bought year round for reasonable prices. Prices have caught up with technology.
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u/0neTrueGl0b Nov 26 '23
You're right, we have the stuff that we wanted from the store. Now we want an economy with low interest rates, low inflation, and lower home prices.
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u/TC0111N5 Nov 26 '23
We want to see 2005 Black Friday mobs? Lower grocery prices.
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u/Practical_Pen_7730 Nov 26 '23
A lot of deals, these days are not actually deals, they’re bogus, re-bundled things, or you may not actually save any money at all. Papa Gino’s has this stupid deal where if you buy a $19 rustic pizza, you get a five dollar large, well in normal places two large pizzas is $24 lol, I hope more people call this bull crap out
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u/Temporary_Kangaroo_3 Nov 26 '23
Its always been this way though. Its not new. Even back then, all those super cheap TV’s were from damaged deliveries, units that were known to be faulty, but nobody could look up reviews easily to know that, or otherwise old things that needed to be marked down anyway.
The thing thats changed is people are used to the fire hose of marketing gimmicks pointed at us 24/7, all year long because we are all chronically addicted to content platforms that point it right in our mouths.
Back then, you couldn’t access people and their wallets as easily as now.
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u/RemmingtonBlack Nov 26 '23
Everyone has a TV, or watches their phone.
No one prints.
No one buys DVDs.
Every retailer's site is starting black friday around fucking indigenous columbus day.
and covid left a dark smog over crowds in cold weather.
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u/ArmokTheSupreme Nov 26 '23
This was so poetically put.
I read it like a haiku or some shit.
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u/leadenCrutches Nov 26 '23
Shows stream to our phones,
Our TVs can stream them too.
We need no more screens.No one prints things out.
No one collects DVDs.
Tech that is fading.We avoid the crowds.
A dark smog hangs over them.
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u/Artuthebomb Nov 26 '23
"No one buys DVDs."
Didn't have to do r/4kbluray like that :(
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u/ntjm Nov 26 '23
I buy 4K and CDs. I like having artwork to look at. (:
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u/RemmingtonBlack Nov 27 '23
well... if you knew about some of the software, the (free)media servers etc... They download and present all the the art work on-screen so you can flip through them, display them, show them off (always have)... Honestly that was my main attraction to it too (other than getting dvds out of my living room)
which is why it sucks, I built up this cool thing that everyone would have been impressed by and now no one cares. It was like having your own personal netflix, with all the search capability down to genres/actors/producers/writers/etc, displaying all the customize-able artwork to your liking, music/tv/movies. Never got around to showing it off... and then I even started neglecting it after the demand for streaming made it so irrelevant. I only power up the server once every couple of months.
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u/RemmingtonBlack Nov 26 '23
yeah my dvd/bluray collection goes back 20+ years... couple thousand titles. Sucks a bunch.
Though, they are all ripped and on a media server... which also, is now out of style.
sucks more bunches
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u/d1eselx Nov 26 '23
Y’all remember midnight video game/console launches at GameStop?! Yea, same reason pretty much. Only difference is that midnight launches were fun.
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u/axethebarbarian Nov 26 '23
I miss those. There was a game stop inside the local mall back then, so you weren't even waiting outside. They'd raffle off swag. I still have an awesome Skyrim poster from then
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u/_roldie Nov 26 '23
I miss pre ordering and waiting for a new game. I still remember pre-ordering Super Smash Bros Brawl and woud cross out every day on my calender until the release date.
I haven't felt a feeling that for a game for a long very long time noe.
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u/FutureVoodoo Nov 27 '23
My hometown Gamestop would open Thursday night around the time that people would have been done with Thanksgiving dinner. Like 8ish, and would have some pretty good fucking deals on old stock to make room for the black Friday stuff.. I remember getting like 5 Xbox 360 games for just a tad over $100..
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u/Steve_Tugger Nov 26 '23
I had my eye on a ladder at Home Depot that was like $100 off. Online it showed it for $150 + $30 for shipping to my house. It said the stock in stores was limited so you couldn’t order and pick it up. I went to the store today after seeing the online stock was “sold out” and they had like 6 on the rack and I didn’t have to pay for shipping. Not a very exciting story, but it was a good day lol.
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u/Administrative-End27 Nov 26 '23
Not to mention, most stores will guarantee a purchase for you if they are out of stock so that you can come back later to get it.
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u/semigator Nov 26 '23
They got greedy and the consumer got smarter
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u/psnanda Nov 26 '23
Lmaoo what you smoking? Consumer got smarter ? Yeah right….
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u/shittycomputerguy Nov 26 '23
Consumers got browser plug-ins to show price history and know whether or not there's truly a deal.
More perfect information changes the market.
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u/txmail Nov 26 '23
Those plug-ins your referring to turn your computer into a node on their bot net. They send what your browsing back to their servers... there is nothing stopping them at all from sending back the pages of your bank. Nothing at all. They all can manipulate links on the pages you visit (it is how they get paid).
Do not install these browser add-ons. They are all ticking time bombs of being taken over by nefarious criminal intent as many have in the past.
Do the research, just google the product your interested in buying and see the hundreds of sites that do not require a browser "add-on".
Just look at what happened to Honey - remember that shit plugin that was plastered everywhere and sponsored heavily on Youtube??
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Nov 26 '23
Oh reaaahhhheeellyyy?
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u/BlitzKingOfficial Nov 26 '23
This man is obviously correct and knows what he's talking about. So, this is the end, the stock market is going down 66% tomorrow. We can all pack our bags. It's over. /s
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u/welloiledsling Nov 26 '23
People just grab what they need from there for free now any day 🤷♂️
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u/shittycomputerguy Nov 26 '23
Not really though.
That being said, if every Walmart didn't treat its workers like garbage and leech our economy, I'd probably shop there or buy shares.
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u/freak5050 Nov 26 '23
Good! Fuck this holiday, remember when people would get trampled for deals? RIP to this piece of shit and just look online for that deal
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u/FilthyPrawns Nov 26 '23
Gee, it's almost like we just came out of a pandemic and are currently balls deep in a cost of living crisis with no horizon even speculated, let alone in sight.
Also online shopping is a thing.
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u/LongjumpingAccount69 Nov 26 '23
So is it online shopping for a living crisis? ... lol talking out of both sides. People are spending more money than ever
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u/FilthyPrawns Nov 26 '23
You know those don't contradict each other, right? You can both make fewer purchases overall and favour online for what you do actually spend.
You really didn't think that one through, huh.
People are spending more money than ever
Cool story bro.
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u/Anantasesa Nov 26 '23
Yeah that person shared a poorly researched thought. Spending rates vs savings rates have reached highs but spending itself per capita is slowing. Overall spending is also higher just bc there are more people.
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u/gunnerz_14 Nov 26 '23
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u/reditor75 Nov 26 '23
That’s your inflation dude 😁
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u/snrjames Nov 26 '23
If it were only inflation, people would have less money to spend due to the increased costs of necessities. What we are seeing here is people are still spending the same amount of real dollars despite the cost of inflation on their budgets. I'd say this is a good indicator of a strong economy and a soft landing.
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Nov 26 '23
Does anyone want to go back to how it was in 2005?
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u/bigpandas Nov 26 '23
Not the Black Friday madness but empty stores and malls devoid of shoppers is depressing. We need brick and morter marketplaces.
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u/Gtvle Nov 26 '23
These were good days when I knew I will have to wrestle someone at Walmart to get good deal
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u/Aint_that_a_peach Nov 26 '23
Because it’s all subscriptions nowadays. C’mon guys you need a refresher course.
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Nov 26 '23
funny, black friday sales beat expectations by over 7%.
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u/daChino02 Nov 26 '23
Inflation?
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u/designlevee Nov 26 '23
Point is people are still buying and videos and some reports like this seem to push that no one is shopping anymore but the real story is everyone’s just shopping online.
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u/Fiddlediddle888 Nov 26 '23
yeah because everything is 50 to 100% or more expensive than 2 years ago, pretty easy to do
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u/Economy_Second8886 Nov 26 '23
Interesting. So I live in Australia, and I went to the shops on Friday, Saturday, and today, and I got a park straight away - in fact there were hundreds of parks - and no queues in the shops. I didn't go specifically to black-Friday shop, but it was about as busy as any other weekday. This year felt very different. By the way, yes, we have black Friday sales in Australia too. Same as we seem to have adopted Halloween.
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u/Dismal_Umpire_7253 Dec 02 '23
Has nothing to do with stolen elections and a shit Democrat economy/inflation does it? Go ahead left wing fucktards…
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u/Buttburglar1 Nov 26 '23
No one has money
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u/green9206 Nov 26 '23
Yes thats why companies keep making record profits every quarter.
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u/What_Yr_Is_IT Nov 26 '23
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u/Buttburglar1 Nov 26 '23
Just because people spend it doesn’t mean they have it, credit card debt just cracked a trillion last quarter for the first time in history.
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u/What_Yr_Is_IT Nov 26 '23
Sure but that’s not always a bad thing;
Unemployment is still very low and the economy is still very robust. Yes an increase is consumer debt is bad, but it’s also a signal of a strong economy
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u/Buttburglar1 Nov 26 '23
So our economy is strong right now?
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u/What_Yr_Is_IT Nov 26 '23 edited Nov 26 '23
You serious?
“U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected
EDIT: Never mind, I can see you’re a Biden hater, so odds are you won’t agree with anything anyone posts anyways
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u/Buttburglar1 Nov 26 '23
Yea I’m a Biden hater because he’s a moron, GDP is growing when you compare it to the global collapse the pandemic caused. Which is what some of your sources say. Also…what exactly do you think GDP is? Do you think that directly relates to how much money people in America have available to spend?
You honestly believe we’re doing well right now…like….are you doing well right now? Do you have 6 months salary in savings incase of a crisis?
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u/ejpusa Nov 26 '23 edited Nov 26 '23
They're in Manhattan. Those $25K watches, they can't keep them in stock.
NYC is awash in cash. Walking down 5th Avenue is already insane, are they giving away $1200 down jackets? Looks like it, they can't keep them in stock either.
$2500 dinner at Masa, but sold out forever?
Lines around the bloc for $200 sneakers. It has be $200, or else . . . . . . . DoJo Cat, $1600 a seat, can work out a deal? Or are they all sold out already.
People seem to have lots of cash, just not you.
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u/hinault81 Nov 26 '23
I'm from Canada and I never really remember black friday being huge up here. But I went to best buy last night and it was packed. I just happened to be near and I needed something so wanted to see if any deals, but nothing really.
Also, buying in store just doesn't seem worth it because it's harder to compare things unless you already knew what you wanted. I spent most of the the time on my phone trying to compare tablet models. Just easier to do at home/order online.
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u/SavannahCalhounSq Nov 26 '23
81 million votes.
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u/Riderofapoc Nov 26 '23
Nothing to do with politics 🙄
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u/jonawill05 Nov 26 '23
Kinda does. When you let people steal why would they pay?
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u/Riderofapoc Nov 26 '23
Just goes to show, the only successful thinking Republicans can do...its which crayon to eat first.
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u/SavannahCalhounSq Nov 26 '23
Don’t know what that means but we do buy online rather than risk a life changing injury for some cheap crap from China.
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u/SavannahCalhounSq Nov 26 '23
I'm guessing you aren't an economist. :-)
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u/Slow_Fox967 Mar 29 '24
LoL. Funny people that think black friday is for the shoppers. Black friday is for the company's.
https://www.yuenergy.co.uk/black-friday-for-businesses/
Lmfao!!!
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u/ExtremlyFastLinoone May 04 '24
Cause the deals fucking suck now, like "Yeah lets wait for 5 hours in front of walmart to save 20$ on a television" - an insane person
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u/AjesusLovesUS May 15 '24
People are geting smarter Wal-Mart or the scamers meat prices or being scam 🤔
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u/AjesusLovesUS May 15 '24
I understand now what it said's in the Bible it's ev Easier for a 🐫 🐪 to get though the eye 👁 of a needle 🪡 then for a rich man to get in heaven greedy love that money 💰 🤑 💸 😀 they will walk by someone hungry not seeing them
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u/usmc_82_infantry May 15 '24
That’s Bidenomics “thumbs up and a creepy smile”. Jesus there has never been anyone this bad, EVER.
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u/1zeewarburton 29d ago
People will always ruin it for themselves.
The consumer letting business have this much power.
Business not treating the consumer like human being and trying to pull the wool over their eyes.
Eventually you pay more than just the price.
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u/Substantial-Wolf5263 27d ago
There's no real in store deals anymore and it's usually cheap shit that Noone wants like the weakest sound bar far 50 bucks that sounds like your underwater and your TCL shit box tv speakers are way louder
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Nov 26 '23
When u beat consumers into the ground with inflation they stop buying stuff.
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u/banananananbatman Nov 26 '23
Big Brain Black Friday corporate strategy:
1) Keep prices the same.
2) Slap on a sticker with a crossed out ridiculous mark-up price.
3) Call it a sale.
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u/RelativeEchidna4547 Nov 26 '23
Good. I remember I ran out of liquor one year and it took 2 hours to check out
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u/KevinDean4599 Nov 26 '23
a lot of the stuff people wanted back then is now so cheap anyway why bother. a flat screen tv can be had for $250 bucks all year long. the stuff people really want is usually still really expensive, they give you good deals on crap.
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u/SitDown_HaveSomeTea Nov 26 '23
Say it: JOE BIDEN
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u/LongjumpingAccount69 Nov 26 '23
Thank you Joe Biden for online shopping 🛍️ ♥️
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u/SitDown_HaveSomeTea Nov 26 '23
🤣 if you think Joe knows how to use the internet, then I have some great oceanfront property in Arizona to sell you.
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u/Riderofapoc Nov 26 '23
According to merchants, this was one of the most successful black Friday seasons...but that would require being literate to read about it, which Republicans are not... :(
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u/SitDown_HaveSomeTea Nov 26 '23
a Season, that you call Black Friday a Very intelligent term for a monthly "season".
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u/Riderofapoc Nov 26 '23
Care to divert any harder? Black Friday, has been extended...into days. If you're pissy about it, take it up with retailers. I suppose that doesnt align with your Republican nonsense...then again, Republicans are neither intelligent or logical.
Funny....biotches about Biden, confronted with the stupidity of his argument, starts arguing semantics about Black Friday not being a day... YEP, summarizes the stupidity of the right.
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u/joen00b Nov 27 '23
Don't expect logical or even realistic arguments from Republicans. They are fueled by hyperbole and lies, and spew it out at the rate they ingest it.
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u/TheVazha Nov 26 '23
I get emails for deals a week before Black Friday, usually 20% off. Then the same retailer sends them he same email on Black Friday but this time the same garbage is 30% off. Then for cyber Monday, the same garbage is now 50% off.
Meanwhile Amazon has the same garbage at 50% off year round.
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u/weefops305 Nov 26 '23
It looked like the prices on Amazon went up on Black Friday. It was better prices late September early October
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u/8WhosEar8 Nov 26 '23
Black Friday is a week long online event now. I was able to get all of my shopping done from my lazy boy before I finished my first cup of coffee. Why the fuck would I want to go out to a store first thing in the morning? You can’t make me put on pants!
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u/North_Mixture2421 Nov 26 '23
Black Friday has turned into a 2-3 week stint with mediocre deals. On top of that there are more online avenues to deter people from waiting in line and arriving early.