Inflation Magic: Retail Sales +19.5% Year-over-Year, But Flat with Blowout Oct, as Department Stores Sagged, Auto Dealers Had No Inventory, and Cannabis Stores? by Wolf Richter • Dec 15, 2021 • 105 Comments Spiking prices inflate retail sales across the board, but particularly at auto dealers and gas stations.
Best Buy Shares Plunge on Margin Pressures, “Organized Retail Crime”: A Look at Organized Retail Crime in the US and How Ecommerce Turned it into a Big Business by Wolf Richter • Nov 23, 2021 • 209 Comments Stolen goods get sold to law-abiding Americans by third-party vendors on big ecommerce sites that profit from it. Legislation to control it struggles.
CVS to Close 900 Stores, Convert Others from Retail to Services, as Ecommerce Competitors Gobble up Pharmacy Revenues by Wolf Richter • Nov 19, 2021 • 103 Comments Brick & Mortar Meltdown Continues.
Massive Price Increases & Overstimulated Demand Fuel Historic Surge in Retail Sales by Wolf Richter • Nov 16, 2021 • 154 Comments Money-printing hits home. Charts by retailer category.
Why Walgreens is in Trouble in San Francisco and is Closing Some Stores: It’s Not Shoplifting, that’s an Artful Distraction from the Real Reasons by Wolf Richter • Oct 23, 2021 • 234 Comments Caught up in the brick-and-mortar meltdown, it faces its own botched decisions and a market that has horribly turned against its pharmacies.
Not Getting Better: Relentless Retail Inventory Squeeze amid Shortages & Supply Chain Chaos by Wolf Richter • Oct 16, 2021 • 167 Comments Holiday selling season is going to be a mess: Look not for what you want but for what the store has.
Free-Money-Blow-Off Spike in Retail Sales Got Refueled by Spiking Prices by Wolf Richter • Oct 15, 2021 • 100 Comments A monstrously overstimulated economy that caused global supply chains and transportation systems to buckle.
The Amazing Explosion of New Businesses Continues as Americans Strike Out on their Own by Wolf Richter • Oct 14, 2021 • 136 Comments And my 2 cents about the high “failure rates” of new businesses, being a small-business owner myself.
A Mess: Retail Inventory Shortages in Charts, Just in Time for Holiday Selling Season by Wolf Richter • Sep 17, 2021 • 100 Comments Stimulus-fueled blow-off demand spike meets messed-up supply and transportation chaos.
What Comes After Mind-Blowing Free-Money Blow-Off Spike in Retail Sales? A Spike Doesn’t Spike Forever by Wolf Richter • Sep 16, 2021 • 140 Comments Powered by price increases.
