My Economic situation has recently shifted from Precarious to Marginal; Well, it is an improvement.
So I can actually afford to window shop at the local Department stores, and my sister recently offered to get me some more goodies from LL Bean. This spring I received a large box from them containing a really nice Winter Coat (Worn once during the last cold snap), Two Fleece Jackets and a Rain Parka. I'm set for the next year or three in the personal outerwear department.
With daily afternoon Thundershowers, I have been VERY grateful for the rain jacket.
I was considering asking them to contribute some items for my charitable distribution, but even on sale, the prices are a little shocking to someone who buys most of their new clothes at Walmart. For example, $18 for a Tee Shirt? I have been buying new (100% cotton) Tee Shirts at Walmart for $4 this spring. Another example of how divergent our economy has become.
One of the older women I work with is in similarly precarious economic condition, I was going to request a suitable item for her from my family; But I found myself browsing the clearance rack at Kohl's (I had a "Take an Extra 30% off" coupon) and found a perfect (OK, Good enough, she better like black) Nylon waterproof sports jacket of that sort. Right size, 80% off, good enough.
Nope, someone had moved it from the 70% rack. Oh well, just whining about it costing me more than I thought it would, $21.46 was still an incredible bargain for a generic name brand item like that. Just wish the recipient was a tad more articulate about it being really useful.
I'm never going to work all my good deeds off.
Sunday, June 15, 2014
Walmart Sales (Down for Five Quarters Now!)
According to a recent article, the Key "Same Store Sales" Metric continues to lag, another poor quarter (Down .04%) hidden behind the hoopla of Annual Meeting and Sales/Profits "Exceeding" expectations.
Er, No. Depending on capturing an ever expanding chunk of a shrinking market is not a menu for long term success. At some point we need to revitalize the poorly performing areas of Walmart's core market, or the whole economy will slowly melt.
Er, No. Depending on capturing an ever expanding chunk of a shrinking market is not a menu for long term success. At some point we need to revitalize the poorly performing areas of Walmart's core market, or the whole economy will slowly melt.
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