JEB,,retail .. margin might improve ,, due to cheap Asian goods,, mostly textiles and house ware .. I wonder if there is a breakdown and percentage of big retailers merchandise sales by item,,
i.e.,
Textiles
Hardware
White Goods etc ,,,
And see the proportion of the goods made in Asia ,, it is now buyers market,, with a hefty discount ,, to any one who walks in with fist full of USD and name like S,, or Wall Mart,, vendors will give indeed 20 % discount for a security of a large letter of credit or a long term order,, they will even let you buy on performa invoice ,,
They will wine you and dine you and get you a fistfull of geishas,,
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