Home Depot sales are once again weakening.They’re blaming a lack of hurricanes.Target department store sales are accelerating downwards.With discretionary items taking the biggest hit.Meanwhile, consumers are increasingly turning to off-price retailers such as TJ Maxx and Marshalls.Sales are accelerating upwards.Core inflation in Canada remains elevated.And I add some comments on the scandalous increases in property taxes and new development charges over the last twenty years.In Financial Ruc...
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Home Depot sales are once again weakening.They’re blaming a lack of hurricanes.Target department store sales are accelerating downwards.With discretionary items taking the biggest hit.Meanwhile, consumers are increasingly turning to off-price retailers such as TJ Maxx and Marshalls.Sales are accelerating upwards.Core inflation in Canada remains elevated.And I add some comments on the scandalous increases in property taxes and new development charges over the last twenty years.In Financial Ruc...
Post 334: Coffee, Airlines, and Lululemon: Signals of Strain
Paulitical Economy™
45 minutes
2 months ago
Post 334: Coffee, Airlines, and Lululemon: Signals of Strain
Tariffs are sending coffee prices soaring.A tax for American consumers with no benefit.Delta Airlines passenger revenue growth has been grinder lower for the last couple of years and is now flat:And now falling in economy class for two straight quarters.Lululemon has not grown comparable store sales in the US for a year and a half.And sales are accelerating downwards.The Canadian government has wisely scrapped next year’s quotas for new cars that must be low emission.Future targets may also f...
Paulitical Economy™
Home Depot sales are once again weakening.They’re blaming a lack of hurricanes.Target department store sales are accelerating downwards.With discretionary items taking the biggest hit.Meanwhile, consumers are increasingly turning to off-price retailers such as TJ Maxx and Marshalls.Sales are accelerating upwards.Core inflation in Canada remains elevated.And I add some comments on the scandalous increases in property taxes and new development charges over the last twenty years.In Financial Ruc...