Saturday, December 12, 2009

The Inflection Point Is Near! (Musical Tribute)

Stores' Dilemma: To Deploy Discounts Now or Hold the Line

Its Ann Taylor and its Loft outlets have discount banners "ready to go" should consumers need an incentive to shop, she said.

...

"After solid traffic the first couple of days, it looks like the middle of August out there," said Stephen Baker, vice president of industry analysis for retail watcher NPD Group.

...

Sluggish sales in the first week of December have some experts saying that inflection point is near.

5 comments:

EconomicDisconnect said...

That film was so true and disturbing all at the same time.

EconomicDisconnect said...

Awesome Fail Blog entry:
http://failblog.org/2009/12/12/name-fail-10/

Nice name.

Stagflationary Mark said...

Epic Cash Withdrawal Fail

http://u.tv/News/Thieves-fail-in-ATM-robbery-bid/fe8e3e2c-ee6d-4bac-8818-37a6ab431976

Police found a Caterpillar digger with its engine still running and a Nissan flatbed, both abandoned by the thieves.

EconomicDisconnect said...

Geez, things must be getting rough out there!

Stagflationary Mark said...

GYSC,

Yeah. Cash must be short. People are resorting to mining it. Sounds deflationary. You'd certainly not expect to see it during hyperinflation anyway.

Roman Deep-vein Mining

http://www.unc.edu/~duncan/personal/roman_mining/deep-vein_mining.htm

The third technique, deep-vein mining, was the most difficult and dangerous. Only gold and silver were valuable enough to justify digging underground.

Behold the fourth technique, even more difficult and dangerous apparently. Score one for cold hard cash. ;)