A 30% stock plunge, collapsing store traffic, and margin pressure all point to the same thing: Affluent shoppers are rattled and recession fears are rising
Not just a recession but a stagflation looks likely in the future.
Got myself a costco membership specifically because of their recent position in the news. In the process of getting the card and official entering the store I had 3 different people stop me to complement my invader zim shirt. I’ve never felt so welcome before.
Got myself a costco membership specifically because of their recent position in the news. In the process of getting the card and official entering the store I had 3 different people stop me to complement my invader zim shirt. I’ve never felt so welcome before.