Topic: Economy, what's left of
Sears, Target, Wal-Mart, all DRASTICALLY cutting prices, in some cases, actually down to what merchanidise is worth.
The Era of Retail Thievery is over.
Price levels are NOT deflation. But in the question of inflation being <4% according to BLS, that must co-incide with a price reduction, as no one has any money.
I just bought a higher end item from Sears (Screw Every Associate Real Soon) for 1/3rd off. Ive never seen so many items marked down at a Sears store, excepting that I as a rule never step foot into the domain of the thieves called Sears.
So much for recovery...
Posted by Dave
at 10:52 AM PST