Great Bargains in Las Vegas Attracted Hordes of Shoppers
December 1, 2009 by Igor
Filed under All Casino news, Las Vegas news
Black Friday in Las Vegas had attracted hordes of shoppers, and many visitors to the city have even traveled very early in the morning, just so they could be at the stores before the majority of the shoppers grab the best deals.
The Shoppers’ Stories
One schoolteacher said in an interview that she drove all the way to Las Vegas from Bullhead City, Arizona to grab the best deals on sale that day in the city. She even admitted that she left home very early, at 3 a.m., so that she could catch the opening hours of the first mall that she wanted to visit yet still have much time on her hand to go shopping at other malls and stores.
This is just one of the stories of the shoppers like her who flooded the city yesterday. These visitors to Las Vegas all want the same thing, to get the best items at the best deal possible, especially since many stores are offering great sales and discounts as Black Friday officially marks the start of the Christmas season shopping spree for many.
In fact, when you drive around the city that day, you will see a lot of people already hanging around malls even before they officially open for the day. Who would not want to take advantage of toys that used to sell at $100 but can now be bought at 20% off, right?
Increased Revenues or Not?
With these many people flocking to the fair city of Las Vegas, it is just right to think that the city is going to have a very busy Christmas shopping season this year and an increased revenue to boot.
Although there is an increased traffic compared to last year, this does not necessarily mean that there will be an increased sales rate. In fact, the National Retail Federation’s estimation of this year’s holiday sales states that there will be a 1% decrease from last year’s Christmas shopping sales, and this year will probably only see a $437.6 billion revenue. They based their computation on the economic model which makes use of many indicators such as the unemployment rates as well as the housing data. The assessment of this year’s shopping sales has also taken into consideration the monthly retail sales reports, among others.
A decrease in revenues or not, we will just have to wait and see how this year pans out as reports come in after the holiday season is over.