http://money.cnn.com/news/newsfeeds/articles/djf500/200903031517DOWJONESDJONLINE000697_FORTUNE5.htm
This recent article shows that there may be some positive news in the retail world. Same store sales are going to be up in February, compared to January. Most categories of retail are expected to do well. Walmart is the biggest winner, again. Target unfortunately is not seeing the same upward trend. They are looking to drop anywhere from 3-5 %. When push comes to shove people are going to choose price, and target cannot compete with Walmart's prices. I don't worry for target, i expect it to flourish again in the long run. I still refuse to shop at Walmart, and my budget is becoming thinner and thinner everyday.
Wednesday, March 4, 2009
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