Worse Than a Decade of Stagnation by Wolf Richter • Feb 17, 2017 • 54 Comments Retail sales are held up by only two sectors. The rest are sinking.
Sear’s Bankruptcy, Who Gets the Real Estate, and How the Pension Fund Got Hung Out to Dry Invade Mnuchin’s Senate Confirmation Hearing by Wolf Richter • Jan 20, 2017 • 94 Comments “You were a Director at Sears for 12 years where you had oversight over the administration and investment in the pension fund.”
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.