No One Can Compete With Globalization

The only retailer still "growing" has negligible profits. The rest of the sector is getting annihilated...

Following yesterday's Gap 'n Crap, this just in:

"Macy's reported first-quarter sales fell 7.4% year over year to $5.77 billion, missing forecasts for $5.94 billion. Same-store sales declined for the fifth straight quarter, falling 5.6% "

"Watchmaker Fossil, a key supplier to Macy's and other department stores, also had a dreary first quarter. Fossil's shares cratered 33% in pre-market trading Wednesday as its revenue fell 9% year over year"

Macy's

Fossil

Kohl's

Sears

The least profitable retailer