Macy’s: What Recovery?

It is amazing to me thinking about the news in 2008 and comparing it to the news now. The economy was getting ready to crash and the liberal media was hammering Bush and the Republicans in general. The crash that finally came was a huge help to the Democrats with the media operating as their echo chamber. Compare that to what is happening now. AP reports, “Macy’s cutting 4,800 jobs after dismal holiday sales, a harbinger of hard times for retailers.” Macy’s is slashing jobs, a harbinger of hard Read more […]

Retail Stores: Sales Fall Due To Obamacare Insurance Costs & Uncertainty

Wal-Mart has reported a third consecutive drop in U.S. comparable-store sales. They also have issued a forecast which doesn’t expect the situation to improve. There are several things that have contributed to this drop in retail spending, but one thing that stands out is that executives believe Obamacare is affecting sales. The Wall Street Journal reports: “While it is not coming through in customer research, we do know that some of our customers are concerned about the impact of the Affordable Read more […]

The Grinch that Stole Thanksgiving

My wife hates Christmas. Well, okay, that’s not quite true. My wife hates that Christmas trumps Thanksgiving. Every year, immediately following the Halloween promotions, stores and businesses gear up for Christmas. Trees and garland replace pumpkins and spider webs. Fall sales are quickly changed to Christmas or (more likely) holiday sales. Christmas music fills the radio airwaves for almost two full months as the Christmas push gets longer and longer. And except for being the day before Black Read more […]