In response to consumers’ slow spending habits during the summer, major retailers plan to mark down prices to get rid of unsold inventory. CNBC’s Bertha Coombs reports on which stores will have lower prices and what their sales forecasts say about consumer spending for the rest of the year.
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#Shopping #Retail #Clothes
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Grinding the empty consumerism market.
🤣😂they sure made it a point to not say there's a recession😂🤣 When inflation causes prices to soar and people have to choose between good or a gucci bag guess what?
Dude just sell them for cheap year round and not take advantage of hard working people
Karma
BLM peaceful protesters will offer their services to take them for free.
Nordstrom is way overpriced anyway won’t be shedding any tears
Eff that [Afro American] store Nordstrom
it sounds like someone is getting gangrape in the background. 🙉
I thought they stoled it all???
All these “comments” about crypto…😂😂😂😂😂😂😂😂
A pound of butter hit 5 bucks today. They can eat their inventory.
Poor corporations. I feel so bad for them.
Maybe it’s a big hint that growth or death does not a viable economy make. And maybe we don’t need the latest fashion two times a year.
The prices of all that stuff was doubled during the pandemic. Slashing prices by 50% is just going back to the original price. I know there's not an IQ test to report the news but you must be dumber than a sack of salted hammers to think this is news-worthy. Headlines SHOULD HAVE SAID: "Corporate greed goes back to pre-pandemic rates for select items."
I think this was just an Advertisement hidden as a "news story." Stores have summer clearouts every year. Isn't Nordstrom a NBC sponsor?
Our entire economy is predicated on people buying non-essential things, preferably with debt. This is a failed system.
Heh, heh. They sell overpriced junk no one actually needs.
Food and shelter over unnecessary clothing.
Remember , no recession and zero inflation, but we are going to pass an inflation reduction act.
Nobody wants that garbage.
Good don't buy crap so they just give it away
What up form long time viewer, glad Matt you're still killing it! Thanks for discussing cryptos everyday! Been making $3,000+ a week with the knowledge you've given. Blessings 🙌
LOL they say they are slashing prices but then when you get there that 200 dollar shirt is now 175. Their idea of a sale is not our idea of a sale.
I rather buy the cheap stocks
Boycott them. Make them eat the cost.
They are downsizing and getting ready to close alot of stores down. Get ready America the whole world is going to change drastically and definitely not for the better.
I have to many clothes. Why do I need a $50 t shirt from Nordstroms if a JCPenny t shirt costs me $4.
So if we all stop grocery shopping for a week, we’ll get Spam for $1 again?
Oh well! Who the heck has money? Excess inventory is still expensive!…
The non ripoff prices are so much more appealing when times are tough.
We don’t need expensive clothes
I'm trying to get rid of excess inventory in my house. I want to free myself of material 💩
Just Shoplift it's a human Right
Slowing their spending? I can't imagine why. LOL
Good news i can get a new dog bed for my cat half price.
Consumer Capitalism will eat the world and spit it out on your great grandchildren's graves.
Good news is there's a Clearance Sale on last years fashions in Aisle 3.
I used to work in G2A, and my boss delayed half a year's salary, so I decided to expose the company's BUG. You can get a coupon, and you can return your bitcoin