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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I have only 200 for my car insurance this week
Maybe because we have been gouged into poverty
Who shops at Macys anymore?
Shoot going to Macy's see if my Levis on sell.
That’s a lie because it’s still expensive must be cheap for the rich 😏
But we're not in a recession though….lol
Probably because loads of people are being made homeless!!
No worries stimulus money is coming lol 😂
Its hard to justify spending when the cost of living has gone up 3x-4x over the course of a year or two.
Nice try! They ain’t getting a penny from me!
I just got back from the grocery store they're not slashing prices, before Biden I was paying $599 for a keg of coffee, now it is $15.99! Butter I was paying $349 for my butter, now it's 799! Needless to say I'm not buying it! It can sit on the Shelf there's certain things I can do without, and yes I am considered the poor and Indigent in this country! Nobody can afford food with the Biden Administration in office!
If we could get the maga crowd onboard with us we could pass a bill that would make anti-smog buttplugs mandatory for all citizens and livestock.
This is the only way we can fix the climate crisis! If we don’t do this now the whole world will be underwater and the oceans will dry up by 2024!
yeah, and keep raising the interest rates while this is happening.
Inflation thanks Biden 🤪🤪🤪🤪🇵🇷😩😩😩
Haven’t gone shopping for clothes in a year 🤓 Saving is priority 💆♂️
Nobody needs their crap anyway. Give up the world. Buy only what you need.
WE ARE TRYING TO SURVIVE THIS PANDEMIC AND INFLATION, BEING LESS MATERIALISTIC, AND FOCUISNG ON OUR SPOUSES AND FAMILIES FOR SURVIVAL!!!! WE ARE DONE GIVING OUR MONEY TO MULTI BILLION DOLLAR COMPANIES!!!
I no longer have a need to shop for myself because I work from home. Now getting clothes for my teenager would be a good deal.
Buy groceries. Your utilities are going to double. Depression is coming. More evictions and job losses are coming. Utilities will double in Cost. Be frugal.
The stores do that every season 🙄 this is nothing new.
Too bad working class folk can barely pay for gas, food and essentials. Nice try though.
They just want to get rid of the crap that hasn't been sold in the past 3 years
It’s called a RECESSION, thanks DemoRats!
Anchor ⚓️ woman is yummy! Dayummmmm s0n
TELL THIS TO THE FUKN GROCERY STORES NOW… BUT GREAT JOB PEOPLE 👏. the only way to fight this inflation is to stop buying, but most of us can't grow our own food, so we gotta find balance, THE POLITICIANS will do nothing but keep feeding their own greed. It's up to us now.. TO ALL READING THIS STAY STRONG THROUGH THESE HARD TIMES, WE ARE IN THE DARKEST PART OF THE NIGHT AND ONLY NEED TO WAIT FOR DAWN.
We can’t afford anything
In order words, they're losing money and need to make some profit somehow. Tough time = desperate measures.
Unless it is free, you can slash all day but I am not buying.
Best economy ever.
Yeah why buy when you can just take it.
"The dogs are dressed better than the people"
So true😂
Or don't buy anything. We can all do fine with last years wardrobe
The XMAS inventory is landing in early October 2022. Xmas inventory was already ordered in the summer. Wonder if THIS discounting is to just make room for the XMAS season inventory.
Would good are things when soo many are homeless
Did anyone see the people cheering Biden on when he was speaking in PA? It’s unreal that anyone supports Biden or a democrat at this point. Also, pay attention to the energy shortage in Europe because it will soon hit the US if we don’t change course.
So they can afford to sell the same exact products for much cheaper price all along is what we heard! 🙄 people understand the scam that’s why nobody is taking a bite!
Who wants merchandise made in 2017? They are promoting clothing and related products as BRAND NEW LATEST FALL MERCHANDISE!! What a LIE!! Consumers are not STUPID!! So they have to cut prices!!
I haven’t seen significantly lower prices anywhere, yet the media keeps reporting over and over again that major retailers Target, Nordstrom etc etc are completely drowning in stock and slashing prices?
Our household income is in the low six figures. We have no kids, no car payments, no credit card debt and we rarely go out to eat. We manage all our bills just fine, but even with everything going for us, we still cannot afford to buy a newer car, go on a real vacation, or buy much in the way of non-essential items. The cost of living in California and Biden's runaway inflation is killing the middle class. Even though I have had a few pay raises in the last ten years, I feel I am actually poorer. It is very demoralizing.
Most of people spending money has gone to rent, gas and food.
landlords need to cut back on rent going up ever year, citizens nowadays is more focus on keeping a roof over their family head, and buying groceries…everything else is not necessary at the moment
because everything that is important has gone up in price so there's less to spend on clothes.
I hear about these slashed prices but haven't seen them here in TX yet.