Monday, September 19, 2022

GLOBAL COLLAPSE: Major U.S. Retailers Suddenly Cancelling Billions Of Dollars Of Orders…

Mon, Sep 19, 2022 10:53 pm

GLOBAL COLLAPSE: Major U.S. Retailers Suddenly Cancelling Billions Of Dollars Of Orders…
 
 
Not good.
 
The lead time with overseas factories is so long that cancelling orders this late in the calendar year is going to cost Walmart and Target Stores big time in cancellation fees.
 
What do their crystal balls say?
 
Or look for yourself.
 
Woot!, Amazon's discount outlet headquartered in nearby suburban Carrollton, is awash in "blowout" deals on everything from polo shirts to electronics to T-shirts to workout togs and gear. https://sellout.woot.com/plus/liquidation-sale-22?ref=w_cnt_splt_ls_gw_h3
 
My old employer's office was directly across the street from Woot!'s.  
 
The Woot! Parking lot was always packed.  This was some three years ago.
 
Must be more so now.



1 comment:

Anonymous said...

Waiting for the Great Depression II.Stock market crash will precede it--possibly starting in Europe,

--GRA