Monday, December 26, 2022

Holiday Retail Sales Numbers Starting To Come In -- December 26, 2022

From Market Street:

Am I missing something?

This is not a "good news" headline.

First, this is simply in line with inflation numbers. 

But worse, retailers had to deeply discount their products this year.

So, retail sales in line with last year (at best) and margins are going to be a lot, lot lower.

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Global Warming Killed 27 In Western New York

Link here.


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