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Cartoon by Bruce Eric Kaplan. For more from this week’s issue: http://nyr.kr/Y26O0q
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“Follow the spandex!”
Kayleen Schaefer went to Lululemon’s annual warehouse sale, YogaBowl, and lived to tell the tale: http://nyr.kr/VgEpSs
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Cartoon by Eric Lewis. For more from this week’s issue: http://nyr.kr/Ys2Obc
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"Marketers created a term—Cyber Monday—and digital retailers created deals. We consumers create chaos; and most of the headlines cheer because all of our digital buying creates jobs.
The enthusiasm, however, can obscure one of the most important impending economic and social trends: the transformation (and sometimes collapse) of brick-and-mortar retailing…"— Nicholas Thompson on whether or not we should celebrate Cyber Monday: http://nyr.kr/TfIbaq(Source: newyorker.com)
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Cartoon by Barbara Smaller. For more: http://nyr.kr/TBJZcE
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Cartoon of the day. For more: http://nyr.kr/LsLg4c
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Delayed Gratification: Christmas shopping, credit cards, and layaway
Americans have been big spenders for decades now, but as Sheldon Garon observes in his new history of consumption, “Beyond Our Means,” that’s in large part because our economic system is set up to encourage overspending. And what the revival of layaway makes clear is that, while many shoppers are prone to spend what they don’t have on what they shouldn’t buy, they can also be sophisticated about their weakness, and savvy about finding ways to control it. They know that sometimes you have to have your hands tied in order to grab what you want.
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A Christoph Weyant cartoon from 2001. How did you fare this Black Friday?
