Surging Prices, Fading Stimulus, and Shift to Services: Americans Dent Historic Spike in Retail Sales by Wolf Richter • Aug 17, 2021 • 120 Comments At cannabis shops, restaurants, and gas stations, sales hit records. At auto dealers, the biggie, sales sag.
New Vehicle Sales Slammed by Semiconductor Shortage, Record Low Inventories, Beginnings of Buyers’ Strike by Wolf Richter • Aug 4, 2021 • 147 Comments Frustrated by lack of choice and puffed-up prices, many customers walked.
Creditors Foreclose on Another Mall of Simon Property Group, Face Massive Loss by Wolf Richter • Jul 21, 2021 • 147 Comments As largest mall landlord in the US sheds its malls, CMBS holders, such as bond funds and pension funds, take the losses.
Plunge of Retail Inventories, Collapse of New & Used Vehicle Inventories: The Shortages Depicted in Charts by Wolf Richter • Jul 18, 2021 • 146 Comments Inventories at retailers document this mess.
Americans Pay More to Get Less: Retail Sales Outrun by Inflation by Wolf Richter • Jul 16, 2021 • 219 Comments Welcome to Fed’s New World of Inflation.
The Chilling Thing Disney’s “Black Widow” Said about the Future of Movie Theater Chains by Wolf Richter • Jul 12, 2021 • 180 Comments Opening weekend ticket sales in 98th place, but streaming revenues hit it out of the ballpark.
Anatomy of San Francisco Now: Fewer People, Jobs, Tourists, & Businesses, But More Spending by the Hangers-on (But that Was Inflation) by Wolf Richter • Jun 27, 2021 • 162 Comments The recovery as it were, after everything went to heck but didn’t.
The Breathtaking Collapse of Retail Rents in Manhattan, Year 7 by Wolf Richter • Jun 23, 2021 • 99 Comments Retailers willing to battle ecommerce will find “ample availability” – shuttered stores dotting the sidewalks – and much lower but still very high rents.
Where Shortages Show up: The WTF Plunge in Retail Inventories by Wolf Richter • Jun 21, 2021 • 159 Comments How messed up the economy has become, fueled by government moolah and Fed manna, when nothing and no one was ready for it.
Despite Massive Price Increases, Retail Sales Drop: Buyers’ Strike & Fading Stimmies Dent the WTF Spike by Wolf Richter • Jun 15, 2021 • 157 Comments Americans are having to pay more to get less.