Money that used to go to middle class retailers like Penneys, Sears, and WalMart is now going toward buying groceries and filling your gas tank. Democrat policies are killing the middle class.
WalMart is hanging on because of food stamps. A department store like Penneys has to survive without government assistance. I expect that soon Penneys will announce a round of store closures.
We’re heading toward late 1800’s France and early 1900’s Russia.
And ebay was up 35% in the fourth quarter.
Good times... good times.
In 2011, they closed half of the catalog call centers, which were based in the U.S., rather than overseas.
http://dfw.cbslocal.com/2011/01/24/jcpenney-closings-stores-ditching-catalogs/