tedstr

Same-Store Sales Trends

excuse me if I use some generalities here, but this is not tough.

A- Department stores have been in decline for 30 years, save a few positives with the arrival a few creative operators like Nordstroms.

B- Specialty stores go from one fad to the next. There are plenty of successes in here as well as failures

C- That leaves discounters and wholesalers. Walmart's volume and growth, dwarfs all the rest.

D- Mortgage debt has been consuming an ever larger share of household spending.

Guess what. Things are changing. If you are looking for a contrarian trend, I'd say that the consumer is deleveraging but mostly out of mortgage debt and consumer electronics.

Once you've got three ipods, a plazma TV, three PCs in your home, whatg else do you need?