This was Christmas shopping season, mind you. Expect the first quarter of ‘15 to be even more bleak. Wonder how the Democrat lackeys at CNBC will try to spin this very bad news.
Leaned a new word for me, "catchpenny". It refers to goods made to sell readily at a low price, regardless of value or price.
What's my point? I noticed during the Christmas season that a lot of catalog and online stores aggressively stocked items and marketed this year. The sales started very early. I was wondering if there would be a lot of surplus.
Well, last week, I just casually checked two very major online retailers for jewelry and ancient coins, looking at the "upper poor" range of pricing. Some of the prices had reached that "catchpenny" level. It made me wonder how good their retail season really was.
Result of Republicans winning the mid-terms.