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Reply #4: The retail market is a bit different [View All]

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Rage for Order Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-09-09 11:44 AM
Response to Reply #2
4. The retail market is a bit different
In that it is much more dependent on people having disposable income with which to shop. Millions of job losses later, there are far fewer people with money to buy things at strip malls, and the people who still have jobs are being much more frugal with their money. Who can blame them? After all, their job might be the next one to get cut. In my opinion, the retail market is more about consumer confidence. A few years ago, everyone was over-confident in regards to America's economy, and retail space was overbuilt. Now there is virtually no confidence in America's economy and retail shops are suffering.
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