Retail woes spread across all price points

Because of yesterday’s monumental news the Richmond Fed President Jeffrey Lacker immediately resigned for leaking Fed information before it was released, I did not write on two huge developments in US retailing that point to the troubling economy. Ralph Lauren — the iconic US retailer — is closing its flagship Manhattan store on 5th Avenue […]

Send lawyers, guns & money to ailing retailers

As we wait for the double: Dutch election/Fed rate decision, I wanted to look at one sector that has suffered since the Trump election. Gun sales and FBI background checks have fallen hard since the election as the fear of confiscation and regulation on sales has disappeared. On Monday, Remington announced 120 people would be […]