Vitamin World to file for bankruptcy, Perfumania Holdings just filed. And Toys R Us… All in just two weeks.
Hype works, until it doesn’t.
Private equity firms did it again.
Store traffic already spirals down at Albertson’s and Safeway.
Their buying binge in the US goes into the “Contrarian Indicators” category.
Do the buyers know something that we don’t?
Suddenly taking expenses seriously before it’s too late.
This baby is going down the tubes at an ever faster speed.
Total Immersion Chaos.
Until shares can be sold, “valuations” remain fake wealth.