We'll get SSS # soon, but when we see Merchandise sitting with 50,% off signs....we know things not looking good...next we go to 75 % off to move over bought summer items.JWN learned years ago, stale inventory don't work, but market will not worry wheter or not JWN smart, they'll start selling RetailersI'm not seeing any support till we get around $42
So much for your inside sources (or lies) - sales for June up 8.1%.
Well not to say you are lying or anything - but I was in a store today - not a single 50% off sign anywhere. !/2 Yearly sale is going on in the stores - but that typically is never marked down that much. By the way, a lot of traffic for a Thursday.