The Corner

Wal-Mart’s Sales Are Down

Now this is some good , counter-intuitive  (nigh upon Mickey Kausian) thinking (via Instapundit)

One thing I’ve noticed over the years is that if Wal-Mart does poorly on the day after Thanksgiving sales, it’s going to be a boom Christmas.  The reverse is also true: when sales are up at Wal-Mart, it’s a bad sign for the economy.

Why is that?  Well, simply put:  No-one likes to shop at Wal-Mart unless they have to.  It’s always crowded, the checkout lines are understaffed, the place is dirty, the parking lot is a mess . . .  My discount retailer of choice is Target because it’s clean, the aisles are wider, and I can rush in and out quickly if I need just a couple things.  

I have no idea if it’s actually true, but sounds pretty plausible.  

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