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(Marketwatch)   Fail into the Gap   ( marketwatch.com) divider line
    More: Fail, estimates  
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2697 clicks; posted to Business » on 11 Jan 2014 at 11:56 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2014-01-12 02:01:58 AM  
1 vote:
Rich people don't buy at the GAP. Wal-Mart people do on a good month. They need dress-up clothes for their annual Red Lobster dinner.
2014-01-11 11:24:07 AM  
1 vote:

edmo: Retail seems to be the last part of the recovery that is still waiting to happen. (and umm, jobs....)

It'll be a while.  The US has somewhere on the order of 30 sq ft of built retail floor space per capita. That's more like 15 in Canada, 7 in Australia, 2-3 in France, 1-2 in Italy or Japan, and ~0.5 in many middle income (Turkey, Malaysia, etc) level countries.  And the US is more online-shopping happy than many other countries.  We're still champion-grade consumers, but there's only so far that can go.
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