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.
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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.
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