Ghost of Igloi wrote:
Not booming for sure, peaking, perhaps. XRT down 14.3% year/year more than just AMZN in my opinion. Autos certainly struggling and credit of loans falling, incentives rising. Agree that the data is mixed and open to interpretation.
probably same store sales are strong partly because of survivor's bias - many bad stores are closing right now, consolidating sales at fewer stores, and eliminating the bad apples.