I have noticed that retail sales for a lot of corporations are HORRIBLE these days. People are NOT spending money based in the results that I have seen from corporate sales data from a lot of huge corporations.
I think this economy is heading for a collapse soon!
I have NEVER seen it this bad before in my entire lifetime! I have access to a lot of sales data based on the job I do. Sales are HORRIBLE everywhere these days!’
No one is buying shit anymore! They are either BROKE or are not spending any money! Sales are down over 55% for a lot of corporations!
I can’t post the data, because that would be illegal to do so.
I see an entire economic collapse coming very soon. This is NOT GOOD at all!
Just be prepared and start stocking up on food now to be safe. It is better to be safe than sorry.
However, TEMU is doing very well, they sell very cheap stuff online all the time, much cheaper than you can purchase in any retail store these days!
https://www.temu.com/theme/cheap-shirts-…92990.html
TEMU is running clothing stores out of business in their cheap online sales!
They are running American businesses into bankruptcy because no one else can sell clothing this cheap!
Can you purchase clothing this cheap anywhere else? I don’t think so!
You will never find any deals this cheap at your local Wal-Mart stores or Amazon these days!
People are choosing to buy online CHEAP stuff for less than 10 bucks these days from TEMU and other online stores from china. U.S. retailers are being priced out!
- Retailers Offering Discounts: Major retailers like Target and Walmart have been stepping up their discounting strategies heading into the summer months. They aim to entice inflation-weary shoppers by offering price cuts on various items, especially groceries. These reductions are both permanent and temporary, reflecting the current economic climate.
- Consumer Behavior: While it’s true that inflation has impacted consumers’ purchasing power, people haven’t entirely stopped spending. However, they have become more price-conscious and selective. Some are opting for store brands over national brands and actively seeking deals. Retailers recognize this shift and are adjusting their pricing strategies accordingly.
- Mixed Signals: Quarterly earnings reports from companies like Walmart, Macy’s, and Ralph Lauren indicate that consumers are still making purchases. However, the situation remains complex, with some CEOs noting increased price sensitivity among shoppers