Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Sports Authority is dead

The Death Spiral

Retail Apocalypse Heats up: Store Earnings fall by 25%

It looks like America’s retailers are getting set for a Summer of Death 2016, with chains dying right and left. Likely to join Aerostopale and Sports Authority in the retail graveyard are Office Depot (NASDAQ: ODP), and almost every mall clothing retailer.

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