The Shopping Countdown Is On
Saturday, December 22, 2012 @ 3:46 PM
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(Shoppers galore take to 3rd Avenue and Costco for Christmas gifts. Photos -250NEWS)
Prince George, B.C. – The definitive word on city streets, in stores and parking lots is busy, as people rush about trying to get their Christmas shopping completed.
City residents and regional visitors alike are taking to big box retail outlets and tiny mom and pop shops, looking for perfect gifts for those on their 2012 lists.
Downtown stores seem to be holding their own, with plenty of traffic on 3rd and 4th Avenues and over at Parkwood Mall. But
the real indicator of just how busy it is in the final run-up to the big day is at the shopping centres outside the downtown core. Spruceland, Pine Centre and Westgate stores are all crowded on the final weekend before Christmas, with just two shopping days left.
City Streets are very busy with traffic, as are the parking lots at the various shopping locations. At times parking spots are at such a premium that it’s good to have your patience along with you as you search for some place to park your vehicle.
Two more shopping days to go and then, of course, there’s always the Boxing Day shopping blitz afterward.
Have a great one!
Comments
Yup it is fun to watch the unprepared get pissed off and mad cause they waited too long to buy gifts and its funnier than he’ll just need a bucket of popcorn and a chair and watch the sparks fly
Just when you think all the people in town are out shopping. It just gets worse. Busy busy busy
Picture the 3 wise men racing around on their camels from market to market looking for the perfect gift.
Lumber is on a tear now in what is traditionally the off market for them. Up I think over 30% in the last month over $370 a thousand board feet… pure profit. Canfor stock has followed the price of lumber like a bull.
PG has thousands of Canfor shareholders, so it should be no surprise people are in a shopping mood this year. If this keeps up we will have a lot of millionaire mill workers in short order and the toy shops and auto dealers will be rolling around in their bank vaults like Richie Rich.
Sandy is just now making landfall in PG….
Canfor and all the other forest products companies will need more than the current spike in the price of lumber to ever gain back what they’ve lost in the past several years. Even then the returns on invested capital will likely be far less in the future than they traditionally have been in the past. And they weren’t all that good in the past.
Watch the trend towards further consolidation develop, as the last few independents are swallowed up, and then the remaining giants try to swallow one another. That’s about the only time Canfor shareholders will ever profit, when the sharpies at the top sell the outfit to the ultimate surviving monopolist.
We dont have much left in this area when it comes to Sawmills/Planers. Canfor, PG Sawmill, Canfor Isle Pierre, Canfor, Bear Lake, then Carrier Lumber. Dunkely Lumber (Novak) at Strathnaver. (So in essence (3) Canfor Mills)
After that you hit Vanderhoof to the West, Quesnel to the South, and MacKenzie to the North, which are not part of Prince George by any stretch of the imagination.
We can thank the American market for the increase in the price of lumber, also Japan to some extent. As the price rises, sales to China will drop.
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