Replies to Msg. #676210
.
 Msg. #  Subject Posted by    Board    Date   
37567 Re: More positive news...
   [i]"It seems that those awesome Black Friday deals that have cons...
oldCADuser   FFFT   27 Dec 2011
10:56 PM
37561 Re: More positive news...
   Have you shopped at Sears? They have been on life support for years...
clo   FFFT   27 Dec 2011
10:45 PM

The above list shows replies to the following message:

Re: More positive news...

By: Decomposed in FFFT
Tue, 27 Dec 11 10:39 PM
Msg. 37560 of 65535
(This msg. is a reply to 37557 by oldCADuser)
Jump to msg. #  

re: "Consumer confidence has jumped nearly 25 points in the past three months"

That's pretty funny - popping up as it has on a day when Sears Holding Corporation (SHLD) - which includes both Sears and K-mart - is currently DOWN 25 percentage points based on its disastrous November results.

It seems that those awesome Black Friday deals that have consumers so enthralled have killed the bottom line for one of America's biggest retailers. A few months from now, I wouldn't be at all surprised to see Sears and K-mart back in Chapter Eleven... and completely gone in two years.

Chalk up another for the consumers. As with the Dot-Com Bubble, the Housing Bubble, the Solar Power bubble, the bio-fuel bubble and their selection of Barrack Obummer as President, they've gotten it wrong yet AGAIN.




Avatar

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months