Is That We Are In A Depression For 80 Percent Of Americans"
CBS station KNX 1070 in Los Angeles reports:
More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid America’s “Great Recession” — and one analyst said on Monday it’s another sign of even deeper downturn.
***
“I think what’s going on in those stores is that we are in a depression for 80 percent of Americans,” top retail analyst Howard Davidowitz told KNX 1070.
Read the Rest
Tweet