Another Retailer Goes Bankrupt, Shutters Stores, While Tiffany Blames Trump Tower for US Holiday Sales Debacle by Wolf Richter • Jan 17, 2017 • 56 Comments And American Apparel shuts down.
Surge in Consumer Confidence Turns to “Dismal” Retail Sales beyond Autos, Gasoline by Wolf Richter • Jan 13, 2017 • 103 Comments Pundits sent back to the drawing board.
Is the 2nd Half of 2017 when Sears Finally Kicks the Bucket? by Wolf Richter • Dec 29, 2016 • 67 Comments This announcement gives some clues that after years of disappointment, Sears doom-and-gloomers might finally approach the end of their long wait.
Texans Close their Wallets, Houston’s Economy Gets Crushed by Wolf Richter • Dec 7, 2016 • 55 Comments It’s not just the oil bust.
Black-Friday-Weekend Woes End “Trump Effect” by Wolf Richter • Nov 27, 2016 • 99 Comments Back to the Retail Quagmire. Gloom for brick-and-mortar stores.
Texans Are Cutting Back, Wheels Come off Houston Economy by Wolf Richter • Oct 8, 2016 • 32 Comments Five-year retail boom implodes.
Restaurant Industry, Leading Indicator of US Economy Sours, Bankruptcies Pile up by Wolf Richter • Oct 2, 2016 • 96 Comments “Very challenging” sales trends.
Nightmare at the Mall: Brick-and-Mortar Retail Totally Loses it by Wolf Richter • Aug 12, 2016 • 71 Comments Stunning acceleration of a trend.
Profits Plunge, Sales Drop at Macy’s. Slashes Jobs, Closes Stores. Stock Jumps 18% by Wolf Richter • Aug 11, 2016 • 63 Comments Brick-and-mortar retail sinks artfully into coma.
Wendy’s CEO Blames Rising Inflation, Falling Wages, Election Mayhem for Restaurant Sector “Slowdown” by Wolf Richter • Aug 10, 2016 • 62 Comments Restaurants are a leading indicator of the economy into a downturn.