19 September 2010

Disneyland AP 20% Merchandise Discount Extended Through Holidays

I hear Walt Disney World will be announcing something similar soon.

Current merchandise sell-through must be weak and if they're extending it through the holiday season Disney must not be expect it to improve anytime soon.

Every earnings call, you get executives saying they're going to start weening visitors off of discounts. But the discounts remain and, in some cases, deepen.

But you can't blame them.