Retail same store sales for April were for the most part on low side. What’s new? What’s shocking are the double digit drop Gap, Abercrombie and Fitch as well as American Eagle experienced!! I’ll be talking about all of this today on Fox Business at around 12:30 pm!!
I’m talking about malls and how they are one of the biggest losers in this recession we are in. But not because all of these other little stores are going out of business, it’s because the larger retailers like JC Penny’s can’t get the traffic in!! AND no one wants to buy anything because gas is so expensive!! Why would I drive to the mall (if I lived in a mall market) when I could be saving that gas to go to work?? Tune in if you are near a TV- I go on at 2:50 pm EST! Also, thank you to everyone that wrote in with their “time management” suggestions- will post those a little later.
Talking about what to wear in a recession (yep, there IS a different way to dress) . That’s right- we are in a recession. I don’t care what the president or Ben Bernake says. Our capital markets are totally unstable and the worst is yet to come. On that happy note, I will try and load the video for those of you that don’t get Fox Business!
Talking about Urban Outfitters, Quicksilver, teen retailers and if I still think we are in a recession (hint: yes). Tune in if you are around!!
IF you are anywhere near a TV turn on Fox Business I will be talking about the lingerie industry and Victoria’s Secret announcement to be “less sexy.” I know, crazy right?
Talking about people redeeming their gift cards and if this is REALLY going to help the sluggish economy. The short answer is: No. Tune in if you are around!!
Just got back from doing a remote for Fox Business (yeppy, still here in New Mexico visiting my family) on gift cards. Did you know people gave and received almost $29 billion in gift cards this year?? BUT, about $8 billion will never be redeemed! I am partially to blame for that $8 bil. figure- I find it IMPOSSIBLE to cash my gift cards in unless they are from a place I frequent. I.e., Barneys…