Printer Friendly
The Free Library
14,680,804 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AREA SHOPPERS SEEK POST-YULE BARGAINS.


Byline: Brent Hopkins Staff Writer

Even die-hard bargain hunters Bargain Hunters was a game show on ABC in the summer of 1987, hosted by Peter Tomarken. Games
Each episode featured six contestants, with two playing one of the following games — Bargain Quiz, Bargain Trap and Bargain Busters — at a time.
 couldn't invigorate in·vig·or·ate  
tr.v. in·vig·or·at·ed, in·vig·or·at·ing, in·vig·or·ates
To impart vigor, strength, or vitality to; animate: "A few whiffs of the raw, strong scent of phlox invigorated her" 
 a flagging holiday shopping season Thursday, leaving traffic sparse at local malls for the after-Christmas sales and retailers nationwide recording the worst sales numbers in years.

Tight-fisted consumers, worried about war and mindful of a troubled economy, watched their spending carefully during stores' crucial fourth quarter. Industry watchers had hoped after-Christmas sales would spur a late rally, but shoppers weren't out in force Thursday.

``Nobody's coming to my store,'' groused Gurpreeg Singh, owner of the Pearl Imports kiosk at Westfield Shoppingtown Topanga. ``It was OK for me before Christmas, but now it's slow. People aren't buying as much for themselves because of the economy.''

Most malls found their anchor stores filled with shoppers looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 the traditional bargains and redeeming gift cards, but traffic was sparse for their specialty shops.

Discounts of up to 50 percent drew in the seasonal shoppers, who were rolling before the crack of dawn to scoop up Verb 1. scoop up - take out or up with or as if with a scoop; "scoop the sugar out of the container"
lift out, scoop, scoop out, take up

remove, take away, withdraw, take - remove something concrete, as by lifting, pushing, or taking off, or remove something
 as many deals as possible.

Leticia Sosa Martha Leticia Sosa Govea is a Mexican politician from Colima affiliated to the National Action Party who served as municipal president (mayor) of the city of Manzanillo.

In 2006 she was elected to serve in the Senate of Mexico during the upcoming Legislature (2006-2012).
 hit the gym at 4:30 a.m., conditioning herself for her traditional foray to the mall. With her sisters in tow, the Ventura data manager hit The Oaks shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  in Thousand Oaks Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown.  in search of deals on jeans and boots, employing a highly selective strategy.

``Anything that says 60 percent off,'' she said. ``Fifty percent is the norm, but everyone does that before Christmas. We're looking for just a little bit more.''

Though shoppers like Sosa keep merchandise moving, an important consideration with spring shipments coming soon, their relentless pursuit of bargains chops into stores' bottom line, with discounts above 45 percent erasing profits.

Pamela Ratcliffe, a Realtor shopping with her daughter, Jennifer Swenson of Moorpark, knows this very well.

``I'll probably spend about a grand today,'' she said, loading her second hand-truck full of crystal from The Oaks' Macy's into her Volvo station wagon. ``But that's $5,000 worth of stuff. I got this $50 cake platter One of the disks in a hard disk drive. Each platter provides a top and bottom recording surface. There may be only one or several platters in a drive with each platter having its own pair of read/write heads. See magnetic disk.  for $9.''

She's honed her keen sense for bargains through years of shopping with Swenson, but even novice consumers picked up bargains.

``It's better to shop after Christmas,'' said Annalise Murphy, an 11-year-old with a full bag of accessories at Westfield Shoppingtown Topanga.

``You have all your gift cards and money so you're ready for the discounts. At Claire's, half the store's 50 percent off.''

Unfortunately for most malls, shoppers like her were not out in force. And though the mood for most was muted, not all found themselves so slow. The Antelope Valley Mall The Antelope Valley Mall is an enclosed shopping mall in Palmdale, California.

Opened in September, 1990, its buildings take up around 1 million square feet (90,000 m²). Its physical main building, parking lots, and ring road businesses encompass an area a bit less than 0.
 reported brisk shopping, with a quarter-mile-long line stretching from its parking lot.

``We had a slow morning, but this afternoon has been packed,'' said Diana Reeves, marketing director for the mall. ``We've really broken the trends this year in terms of sales Terms of sale

Conditions under which a firm proposes to sell its goods or services for cash or credit.
. We don't know Don't know (DK, DKed)

"Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party.
 why; we're just happy to have it like this.''

The traditional crush of shoppers was also visible in force at the Van Nuys Target, which tripled its customer service team to deal with returns and exchanges.

Store team leader Allison Peck found her crew pleasantly busy when the store opened at 7 a.m., swelled with shoppers hunting down holiday merchandise marked down 50 percent.

``We had quite a large crowd this morning, maybe 100 people,'' Peck said. ``It was a good onslaught when we opened the door. That's when we get the bargain hunters. Then midday, we start getting the return customers.''

Some shoppers were indeed lured in by large discounts.

Vanessa Victorio, a Toluca Lake teacher, spent enough of the season in the mall to make her swear off shopping. But a jacket marked down from $110 to $50 at Robinson's-May changed her mind.

``I finished my Christmas shopping way before December, so I wanted to see what was out now,'' she said, pausing in her trek through the Topanga mall. ``I'm through looking for everyone else. Now I'm shopping for myself.''

CAPTION(S):

photo

Photo:

(color) Vanessa Victorio of Toluca Lake hit the stores Thursday, shopping for herself now that holiday gift-giving is over.

Andy Holzman/Staff Photographer
COPYRIGHT 2002 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Dec 27, 2002
Words:681
Previous Article:LITTLE STORE KEEPS GOING, GOING.(News)
Next Article:SHAQ TIES KNOT WITHOUT HOOPLA.(News)



Related Articles
SOFT ECONOMY CAN BE COMFY SHOPPERS COZY UP TO DISCOUNTERS.(Business)(Statistical Data Included)
BARGAINS GALORE; STORE DEDICATED TO HELPING AREA'S ELDERLY PROVIDES HOLIDAY PATRONS.(News)
TO SHOP WHEN PRICES DROP; BUYERS SWARM YEAR-END SALES.(NEWS)
BEATING BUSHES FOR BARGAINS; POST-HOLIDAY SHOPPERS SWARM LOCAL RETAILERS.(NEWS)
RETAILERS BRACE FOR MORE SHOPPERS.(BUSINESS)
Bargain hunters take aim at prices.(Holidays)
As deadline looms, grocers get ready for possible strike.(Southern California's grocery store chains face strike)
EARLY-BIRD SPECIALS FLY MANY WING IT FOR BARGAINS.(News)
POST-HOLIDAY SHOPPERS MIGHT NOT GET THEIR WISH RETAILERS FEATURING FEWER MARKDOWNS, MORE NEW ITEMS.(News)
HOLIDAY RUSH TIME IS RUNNING OUT FOR FRENZIED SHOPPERS CHRISTMAS, HANUKKAH MAKE FOR HECTIC MALLS.(News)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles