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Monthly Archives: May 2016
Analyst: One in three malls doomed
If America is the most ‘over-stored’ country in the world, Canada is not far behind. All the US retailers opened stores through Canada the past decade as households buried themselves in debt. And then there are all the REITs and … Continue reading
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Retail sector in retreat
The much followed indicator of the US economy –the retail sector, is hemorrhaging–down more than 4% today on news of a rising tide of chapter 11 filings and store closures. Long-time, independent retail analyst Howard Davidowitz, outlined the real world … Continue reading
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Goldman shares round trip
Shares of the vampire squid itself, shown here since 2007, are back below where they started 8 long years ago. And that’s assuming dividends were reinvested. If Goldman is the self-proclaimed ‘best of the best’, they can’t mean for investors. … Continue reading
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