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bucolic_frolic

(47,380 posts)
1. The move off the bottom for those who missed it was incredible
Wed Jun 8, 2022, 04:07 PM
Jun 2022

Abbott Labs ... up about 12-13 points. BABA ... up 15 points today. Nike about 20 points.

Went to a Kohl's today ...disarray in closeout aisles. Prices missing on a lot in the men's department. I'm guessing at $69.50 for a pair of jeans, you as a retailer really don't want people to notice.

The quality of clothing troubles me. Seems to me many tops, shirts, pants, are 1/3 as thick as they were 15 years ago, at triple the price. So they wear out fast so you can buy them more often, and pay a bundle for it.

Shoes? Lots of condolidation in that industry over the last 10 years ... now cheaper to make, molded foam soles one piece, vinyl not as thick ...

I think Americans will be taught to live on less, simply because they can't afford it. Such is life.

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