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To: Glenn D. Rudolph who wrote (107880)9/3/2000 10:25:35 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
Glenn good post. I agree re Walmart.
(and I actually like JC Penney- too bad they don't execute better <g> )

I guess its a question of how much of walmart's success is at the expense of other retailers v. actual increased consumer spending.

BTW I don't believe the Govt's measurement of personal savings includes stocks, 401k, or roth accts or the new tax-exempt education savings acccts.
Victor