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.
Another Retailer Leveraged Buyout Bites the Dust by Wolf Richter • Jul 28, 2016 • 27 Comments PE Firm Apollo Schemes to Get Unstuck as Claire’s Stores Goes over the Cliff.
The American Dream Plunges to Record Low by Wolf Richter • Jul 28, 2016 • 101 Comments Consequence of turning “home” into a financialized “asset class.”
Americans’ Economic Gloom Festers as Stocks Hit New High: Gallup Stumped by Wolf Richter • Jul 19, 2016 • 51 Comments For them, asset bubbles just aren’t helpful. On the contrary.
Wealthy US Consumers Hit by Brexit & Global “Uncertainty” by Wolf Richter • Jul 15, 2016 • 20 Comments So are they going to spend less?
Why this Economy Feels Even Crummier than the Data by Wolf Richter • Jun 15, 2016 • 55 Comments $271 billion in total business sales officially disappear: Census
Consumers in Texas Begin to React by Wolf Richter • Jun 6, 2016 • 48 Comments The worst plunge since the Financial Crisis.
What Will Sink the US Auto Boom? by Wolf Richter • May 24, 2016 • 88 Comments It’s already in the works and goes far beyond subprime.
