August 27, 2010
LOS ANGELES (CBS) — More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid America’s “Great Recession” — and one analyst said on Monday it’s another sign of even deeper downturn.
While the demand at stores like the 99-Cent Store or Dollar Tree is still relatively high, the biggest chains in the nation have fallen short of Wall Street’s expectations for several months, a trend that may prove even more ominous for the economy at large.
“I think what’s going on in those stores is that we are in a depression for 80 percent of Americans,” top retail analyst Howard Davidowitz told KNX 1070.
“In those stores, somebody comes in with $12 to do all their shopping,” said Davidowitz. “The person who used to come in with $12 now comes in with $8.”
“In other words, the economy is continuing to be worse, the Obama depression continues to explode,” he added.
We sleep soundly in our beds because rough men stand ready in the night to visit violence on those who would do us harm
April 9, 2009
April 20, 2011
April 9, 2009
I friggen LOVE Dollar stores..
The 99 Cents Store, The Dollar Tree (you would not believe the stuff you can get a The Dollar Tree these days!!),
those independently owned ones..yes, yes, yes
L-O-V-E them..them and thrift shops..
some are sos takced athis point you could live off a Doolar Store.
Get just about anything you needed there..some version of it
okay..now I am salivating
Willie Wonka quotes..
What is this Wonka, some kind of funhouse?
Why? Are you having fun?
A little nonsense now and then is relished by the wisest men.
We are the music makers, we are the dreamers of dreams
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