JC Penney Dies as the Retail Apocalypse Grows

Thus we can safely describe JC Penney as a zombie of the retail apocalypse. Conversely, JC Penney is a zombie that makes money.

Read more

Several Really Scary Economic Trends in the United States

Disturbingly some of these developments indicate that we might soon face a drop off in economic activity rivaling that of the Great Depression.

Read more

The Retail Apocalypse: It’s Far Worse than You Think

A side of effect of shrinking incomes is the dramatic increase in aggressive discounting. Discounters grow because they can offer lower prices. When they reach a certain size, discounters get enough leverage to force suppliers to lower costs, which makes even deeper discounts possible.

Read more