Weatherford Democrat

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November 27, 2013

Gray Thursday ... Black Friday ... Small Business Saturday ... Cyber Monday

With some stores opening Thursday evening, shoppers want to see sales and discounts as holiday buying season commences

(Continued)

Overall, The National Retail Federation expects retail sales to be up 3.9 percent to $602.1 billion during the last two months of the year. That’s higher than last year’s 3.5 percent growth, but below the 6 percent pace seen before the recession.

Retailers say economic worries continue to weigh on shoppers heading into the holiday shopping season.

“We continue to see anxiety regarding the economy and the ability to stay within household budgets, particularly among lower and middle-income consumers,” said Kathee Tesija, executive vice president of merchandising for Target, which trimmed its annual profit outlook on Thursday.

In particular, some Americans still are getting used to smaller paychecks because of a 2 percentage point increase in the Social Security payroll tax that started on Jan. 1. That means that take-home pay for a household earning $50,000 a year has been cut by $1,000. That was a concern Wal-Mart noted on Nov. 14 when it lowered its annual profit guidelines for the second time in three months.

“It’s going to be as competitive of a market as we’ve ever seen,” said Charles Holley, Wal-Mart’s chief financial officer, adding that among the issues that the discounter faces are “the economic conditions that the customer is under.”

Stores also say customers don’t want to spend because they’re uncertain about their health care costs next year due to the U.S. health care overhaul.

Additionally, stagnant wages aren’t keeping up with daily living costs. Not to mention, some people are still out of work.

Here are some of the Thanksgiving holiday specials at local and area stores and their holiday operating hours. For all the specials, please see the circulars in Thursday’s paper:

• Bealls — Open Thanksgiving Day 6 p.m. to 1 a.m. Friday. Reopen 6 a.m. Friday to 1 p.m. Android 4.2 Jelly Bean OS Tablet for $49.99 (Thursday only while supplies last). Chance for the first 50 customers Thursday to win a $100 gift card. Each of the first 50 wins at least a $10 gift card. A $10 discount of all fragrance sprays.

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Front Page
  • Plans move forward for new judge

    The new judge for Parker County Court at Law No. 2 will be chosen by voters in November, but plans are underway now to determine who will appear on the ballot. 

    July 31, 2014

  • Weatherford council proposes tax rate increase

    It’s that time of year again: budget season. Tuesday night at a Weatherford City Council special session, City of Weatherford Budget and Strategic Planning Manager Kyle Lester presented the fiscal year 2015 proposed budget, which covers nearly every city program and service except for utilities. In all, the budget consists of 19 funds, totaling $40.2 million. During the session, Lester focused mainly on the city’s general fund. 

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    July 30, 2014

  • Jordan Paredes Teen driver facing charge in fatal wreck

    The 19-year-old driver involved in a single-vehicle wreck near Brock last week has been charged with driving while intoxicated and may face additional charges following the Tuesday death of a 16-year-old teen injured in the crash, according to the Texas Department of Public Safety. 

    July 30, 2014 1 Photo

  • Jordan Paredes Weatherford boy dies following wreck near Brock

    A 16-year-old Weatherford teen injured in a single-vehicle wreck near Brock last week died Tuesday afternoon at John Peter Smith Hospital in Fort Worth, according to the Tarrant County Medical Examiner. 

    Jordan Paredes, reported by relatives to be in a coma following the wreck, was pronounced dead shortly after 2 p.m. in the trauma intensive care unit, the medical examiner reported. 

    July 29, 2014 1 Photo

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    The Daughters of the American Revolution is all about supporting the military and Saturday morning, District II of the National Society Daughters of the American Revolution gathered for a district workshop meeting and to contribute to the United Service Organizations Inc.’s Treats for Troops, which distributes snacks and refreshments to military members traveling through the DFW Airport.

    July 29, 2014 1 Photo

  • city graphs.jpg HO council talks water rate increase

    At a regular Hudson Oaks City Council meeting Thursday, Hudson Oaks Assistant City Administrator Chad Janicek presented the proposed fiscal year 2015 budget. As a part of the proposal, Janicek presented the council with proposed water utility rate increases, some of which, if approved, would take effect at the beginning of the 2015 fiscal year in October. The second half would take effect in the coming years, still to be determined. As a result, the proposed rate adjustment will occur in two phases.

    July 29, 2014 1 Photo

  • Julie Witt Parolee accused of embezzling $48,000 from Weatherford attorney

    A paroled paralegal, accused of embezzling more than $48,000 from a Weatherford attorney since November and leaving behind forged documents affecting at least two clients’ legal cases, is in jail again, facing her fourth felony theft charge in 15 years. 

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