SSS #2: Costco (COST) -7% vs. -6.5%. Dillard's (DDS) -12% vs. -13.5%. Fred's (FRED) -4.6% vs. +1%. Hot Topic (HOTT) -8.5% vs. -8.4%. Limited (LTD) -7% vs. -11.7%. Stage Stores (SSI) -10.1% vs. -8%.
Why according to CNBC everything is getting better. People are becoming flush with cash again and the green shoots are turning into a big green golf course filled with wealthy Americans.
I guess they will never accept the fact that the age of consumerism is long over.
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Why according to CNBC everything is getting better. People are becoming flush with cash again and the green shoots are turning into a big green golf course filled with wealthy Americans.
I guess they will never accept the fact that the age of consumerism is long over.