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REPORT ABUSIVE REPLY
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Message Subject
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Retail Sales Apocalypse
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Poster Handle
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Anonymous Coward |
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Post Content
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America is still humming, People already camping out for Black Friday, Cause we have Walmart.
Ive been shopping online too and in apparal most items get sold out pretty quickly. Theres been many stuff I was trying to buy only to get a SOLD OUT message pop up.
Quoting: APOLLO ILLUMINIST Sorry, but you are wrong. [ link to www.msnbc.msn.com] Nope, not wrong. it was quarterly sales, Its going to go back up when people hit Black Friday and pick up their layway.. Still, the world's largest retailer said sales so far this month were better than expected in the United States as its low- price strategy has resonated in an economy where unemployment continued to be high.
Sales rose 3.4 percent to $113.20 billion for the third quarter ended October 31. Analysts, on average, looked for $114.96 billion, according to Thomson Reuters I/B/E/S. Excluding the impact of currency fluctuations, sales would have been $114.9 billion, the company said.
Sales at Walmart U.S. stores open at least a year, or same-store sales, rose 1.5 percent.Sales rising at Walmart is not necessarily a good thing for the rest of the retail world. IMO, it means people are seeking out lower price over quality. Im starting to believe richer people are more intelligent and the poor are not. Quality goods is a investment. They will last longer in the long run thus delaying repurchase.. When the people go cheap, they end up spending more in the end to replace and re buy.
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