Seeking Alpha

Redbook Chain Store Sales: +3.6% Y/Y vs. +4.7% last week. The report notes that "students,...

Redbook Chain Store Sales: +3.6% Y/Y vs. +4.7% last week. The report notes that "students, waiting to see what others are wearing, are holding back on back-to-school shopping".
Comments (4)
  • Playing the Ponzi
    , contributor
    Comments (144) | Send Message
     
    "students, waiting to see what others are wearing, are holding back"

     

    Oh, that's what that is. Fantastic. Not limited discretionary income. Definitely not.

     

    I wonder if businesses and citizens, waiting to see what others are buying, is what's holding back the entire economy?
    23 Aug 2011, 09:22 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5056) | Send Message
     
    My children, four middle/high school aged boys, did not wait to see what others were buying. This sounds like a really poor excuse for slumping sales.
    23 Aug 2011, 09:22 AM Reply Like
  • Conventional Wisdumb
    , contributor
    Comments (1802) | Send Message
     
    This sounds like it came straight out of The Onion News.

     

    What if the new trend is nudity (global warming!)?

     

    What happens to retail sales then?
    23 Aug 2011, 09:40 AM Reply Like
  • viper32nc1
    , contributor
    Comments (95) | Send Message
     
    They wore out the weather excuse so they had to come up with something else! LOL
    23 Aug 2011, 10:08 AM Reply Like
DJIA (DIA) S&P 500 (SPY)