thestatedtruth.com | July 12, 2012
Can small town America survive a local Wal-Mart……Our opinion is that anytime one company controls so many things, it’s not good for anyone! A study of small and rural towns in Iowa showed lost sales for local businesses ranging from -17.2% in small towns to -61.4% in rural areas, amounting to a total dollar loss […]
thestatedtruth.com | August 3, 2011
The consumer is broke and getting broker. So far, the free loaders have been free spenders. That’s about to change as the banks get closer to kicking millions of the mortgage dead beats out of their homes. As this evolves things will likely get down right nasty for the economy! From Bloomberg: Disclosure from an internal, […]
thestatedtruth.com | July 5, 2011
Worry warts……from our shoes, we have never seen more shoppers out and about then on this Fourth of July weekend…..never. Spend now….worry later is the name of the game! Plain and simple. But in a Bloomberg Television interview with Carol Massar,  Stephen Roach of  Morgan Stanley said “What I worry about now is we are creating a whole new generation […]
thestatedtruth.com | July 3, 2011
Should be a surprise, bet nobody guessed it. Charles Shaw is the name of the best selling wine in the world and it’s priced at $1.99 per bottle. It’s called Two Buck Chuck (Cabernet Sauvignon, White Zinfandel, Merlot, Chardonnay, and Sauvignon Blanc), and is sold exclusively by Trader Joe’s stores in the U.S., but recently also in Australia. […]
thestatedtruth.com | September 22, 2010
Talk about tough times out there, this shopping habit says it all. Bloomberg: Wal-Mart CEO “I don’t need to tell you that our cusÂtomer remains challenged…You need not go farther than one of our stores on midnight at the end of the month. And it’s real interesting to watch, about 11 p.m. customers start to come […]
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