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Kohl's And The Rest Of The Retailers Are In Deep Trouble
Zero Hedge ^ | 09/14/2014 | Tyler Durden

Posted on 09/14/2014 6:52:13 AM PDT by george76

Facts are stubborn things, but statistics are pliable.” ? Mark Twain.

I never believe government manufactured numbers. They will always be adjusted, massaged, and manipulated to achieve a happy ending for the propagandists attempting to control and fleece the sheep. Yesterday, the government produced retail sales numbers for August that were weak and the corporate MSM propaganda machine immediately threw up bold headlines declaring how strong these numbers were. Positive stories were published on the interwebs and Wall Street hack economists were rolled out on CNBC, where the bubble headed bimbos and prostitutes for the status quo like Jim Cramer and Steve Liesman declared the recovery gaining strength. Woo Hoo.

If everyone else is whipping out that credit card, why aren’t you? Credit card debt has reached a new post recession high. They tell me consumer confidence is soaring. Forget about the 92 million working age Americans supposedly not in the labor force. Forget about real household income hovering at 1999 levels. Forget about median household net worth still 30% lower than 2007. Forget about what you see with your own two eyes in malls, strip centers and office parks as you motor around our suburban sprawl empire of debt. Those Store Closing, Space Available, and For Lease signs mean nothing.

...

It appears our friendly government drones may be pumping the current data to give the appearance of recovery

(Excerpt) Read more at zerohedge.com ...


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KEYWORDS: retailers
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To: CatherineofAragon

The first time I ever saw a store in such disarray was when I visited my daughter down near the border. I walked into a Walmart and clothes and hangers were all over the floor. In the ‘arts and crafts’ department paint tubes had been opened and ‘tried out’ on the backboard of the shelves!

My local Kohls is neat and well run and I don’t want to be bothered by a bunch of sales women asking if I need help, lol. I used to shop at Dillards but Kohls offers some good choices, in my town anyway.


121 posted on 09/14/2014 12:10:04 PM PDT by potlatch ("Dream as if you'll live forever...Live as if you'll die today")
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To: george76

Services like retail depend on a large, domestic manufacturing base as differentiated from American-”based” manufacturing on foreign soil. The debt regime goes on but not for long.


122 posted on 09/14/2014 12:19:36 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: 1rudeboy

Good luck.

You’ll do well.


123 posted on 09/14/2014 12:35:03 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: Cringing Negativism Network
America needs to make things. Bring back American manufacturing.

Start a company. Bring back manufacturing. It must be easy. Right?

124 posted on 09/14/2014 12:52:56 PM PDT by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)
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Comment #125 Removed by Moderator

To: CatherineofAragon
(Wish I could have luck finding good stuff at T.J. Maxx)!<<<<<<<<<<<<<<

Me, too. I remember some years back being able to buy some clothing there of excellent quality. Back then there were stores, or special floors within stores, where clothing of good quality was marked down substantially. Now it appears to often be flimsy, manufactured for cheap sale, much lower quality than before. Ditto Kohl's, where I don't have the patience to try and ferret out the occasional good stuff from the rest. I now mostly use catalogs that I can trust, since so many of our formerly good-quality stores are gone.

126 posted on 09/14/2014 2:01:54 PM PDT by Mjaye
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To: Revel

Wiseguy! LOL


127 posted on 09/14/2014 3:07:09 PM PDT by fatnotlazy
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To: St_Thomas_Aquinas

Or check cashing/payday loan stores. You know you’re in a depressed neighborhood when you see these and the dollar stores flourishing.


128 posted on 09/14/2014 3:11:01 PM PDT by fatnotlazy
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To: AlaskaErik

I buy my slacks there but the dress shirts are flimsy and are of thin material. I buy the shirts at Land’s End. Their shirts are of thicker material. I have read comments at the site that it looks like they too are starting to sell too thin material shirts.


129 posted on 09/14/2014 5:27:44 PM PDT by minnesota_bound
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To: KarlInOhio

#85 I read that Dockers are different sizes depending on the country they are made at. I have to try on slacks as even 2 pair of the same brand and style like Docker D2 can be different.


130 posted on 09/14/2014 5:45:08 PM PDT by minnesota_bound
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To: MinuteGal

Or the VP’s son, who is now on the Board of a large Ukrainian gas corporation.


131 posted on 09/14/2014 5:47:48 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: 1rudeboy

Good luck


132 posted on 09/14/2014 5:54:31 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: Cringing Negativism Network

if you don’t make it palatable’to bring the jobs back, they won’t come back.

it’s why they aren’t here now.

make the us more business friendly again, people will bring the jobs’back.

it’s why business inversions are occurring, where thy shift their hq’s to other countries. it’s a symptom of how business-unfriendly it is here.

govt response? develop new penlties for companies’who leave. not to make it a better place’for businesses to operate.


133 posted on 09/14/2014 7:03:42 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Toddsterpatriot

you’re talking to an underpants gnome.

1. get underwear.

2.??????

3. make profit.


134 posted on 09/14/2014 7:10:12 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: AlaskaErik

only time i ever buy anything is off their 80% off rack with a 30% off extra discount. it’s b/c the clothing is really only worth that price.


135 posted on 09/14/2014 7:11:28 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: deweyfrank

he’s either a troll or his parrot has the keyboard.


136 posted on 09/14/2014 7:13:54 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Cringing Negativism Network
I am really not interested in hearing why jobs left.

You probably should be. Because, until the government removes all the barriers that IT has created that hinder employment, manufacturing, and growth in the US, the jobs will not come back.

137 posted on 09/14/2014 7:17:33 PM PDT by meyer (Who needs gas chambers when you have Obamacare?)
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To: meyer

your it comment. reminds me of te us govt allowing businesses to abuse the h1b visas to avoid hiring us it folks.


138 posted on 09/14/2014 7:23:30 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: Cringing Negativism Network

Are you thick? You should be saying, “Time to abolish the corporate tax and union privileges.” I’m not sure you know what you are talking about.


139 posted on 09/14/2014 10:04:14 PM PDT by dinodino
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To: meyer

I don’t agree.

China is becoming a superpower.

Bigtime.

At some point, it is very important to stop sending industry to China and bring it home.

In my opinion that point has arrived. Bring industry home.


140 posted on 09/15/2014 5:53:40 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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