Nordstrom reported a revenue growth rate of 9.11% on July 31 Archives

daniel September 21, 2015May 8, 2016 2015, Class Warfare, Dollar General (NYSE: DG) reported that its revenue was growing at a rate of 7.87%, high end retailers like Nordstrom (NYSE: JWN) are prospering, Income Inequality, Macy's Closing, Macy's Plans to Close 40 Stores, Middle Class Dying, Mr. Money Mustache, Nordstrom reported a revenue growth rate of 9.11% on July 31, Retail Apocalypse, Retailers are dumping the Middle Class, The Middle Class is Dying, Wage Stagnation, Wages show why Retailers are dumping the Middle Class

Retail Growth Rate Raises Serious Questions about “Economic Recovery”

These major retailers are either standing still or worse experiencing shrinking retail. At a few of them such as Sears and Aeropostale revenue is actually in free fall. These numbers show us two very frightening things folks, first the retail apocalypse is heating up and getting worse and second consumer spending is dismal.