Quote:
Originally Posted by gprsh924
the deals will be phenomenal.
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Good for buyers, bad for sellers. And we will see the results in months to come.
We are guilty of over-consumption on a mass scale & to service our vice, retail went ballistic over the last 2 decades. I mean, do we all really need 2 malls, 12 gas stations, 6 Starbucks, & 2300 specialty retailers within 3 miles of our homes?
So we have far too much retail that depends upon either large volume or high margin sales to survive. Both have nosedived & the immediate future looks pretty grim for a short turn comeback. Buying on super sale is just cashflow with negative profit for the retailers. Hmm, that won't work for long.
Sing along with Bob: Oh, the times they are a-changin' . . .
Ian