Discount stores are struggling in Second Great Depression!
LOS ANGELES, Kalifornia - July 11, 2011 - More stores across the U.S. that offer deeply discounted products are seeing their sales decline after years of growth amid Amerika’s Second Great Depression, and one analyst said on Monday it’s another sign of an even deeper downturn.
While demand at stores like the 99-Cent Store or Dollar Tree is still relatively high, the biggest chains in the nation have fallen short of Wall Street’s expectations for several months, a trend that may prove even more ominous for the economy at large.