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via Mark Hanson RedFin puts out a monthly home sales report, which contains a lot of great data. The chart below shows Feb 2018 year-over-year price growth, which was off the … Read more
via businessinsider: Gap, JCPenney, and Victoria’s Secret announced more than 300 store closures over the course of 24 hours this week. All three companies reported declining same-store sales during the critical holiday period. Tesla … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “I prefer not to scare you at this point, okay. But it’s something that we’ve been able to withstand”: CEO David Simon. Mall-landlord Simon Property Group … Read more
But online sales are hot, now at 20% of total retail. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. It’s a confusing picture. A monthly survey of retailers published … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Tickets are expensive. Alternatives are plentiful, convenient & cheap. The year 2018 was a banner year for the movie theater industry in the US. The … Read more
Not enough people know the history of false flags in our society or talk freely about them. This is Obama’s campaign advisor admitting the reality of them being used in … Read more
by Chris Martenson dailyhaha While life has always been uncertain, today our choices matter more than ever. The decisions each of us make today will determine if we thrive, merely survive, … Read more
While E-commerce is slowly chipping away at brick and mortar, it is not the catch all reason for the collapse. E-commerce < 10% of retail sales. The remaining 90% is … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Only about half of retail is under attack from e-commerce, but that half is getting crushed. E-commerce sales in the first quarter soared 16.4% from a … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter New Chapter 11 bankruptcies in the US spiked 63% year-over-year in March to 770 filings, the highest number of filings for any month since April 2011 … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In the jobs report today, the Bureau of Labor Statistics provided a trove of granular data on which industries and governments created jobs over the past … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And private equity firms are at the helm. March was a busy month for the brick-and-mortar retail meltdown which kicked off in 2015 and has since … Read more
Stocks in 2018 have spent a significant amount of time hitting a brick wall. pic.twitter.com/Xu6oLLf36W — Alastair Williamson (@StockBoardAsset) March 27, 2018 Coincident Economic Indicators: History Suggests U.S. Recession is … Read more
by stockboardasset Glancing through the chartbook this morning, the S&P500 R2 and R1 rejection is a magnificent sight to see. Overhead supply is unlocking once more… Downside projections could point to a … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter They’re the primary stores at malls. It happens category by category as commerce shifts bit-by-bit to the Internet: Music stores and video stores got wiped out … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter An astounding list of the meltdown: PE firms doomed the retailers. One of the big forces in the brick-and-mortar retail meltdown are private equity firms that acquired … Read more