{"id":13389,"date":"2016-05-24T20:53:22","date_gmt":"2016-05-25T00:53:22","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=13389"},"modified":"2016-05-24T20:53:22","modified_gmt":"2016-05-25T00:53:22","slug":"death-of-americas-department-stores","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/","title":{"rendered":"Death of America&#8217;s department stores"},"content":{"rendered":"<p>From Bob Bryan:<\/p>\n<blockquote><p>Old-school retail has been getting walloped lately&#8230;..<\/p>\n<p>Torsten Sl\u00f8k, chief international economist at Deutsche Bank, has one chart in his monthly chartbook that lays out a pretty straightforward reason for the decline. In the chart, Sl\u00f8k presents the startling decrease in the amount of income Americans spend on clothing&#8230;.<\/p><\/blockquote>\n<p><a href=\"http:\/\/www.businessinsider.com.au\/chart-shows-death-of-department-stores-2016-5?utm_content=ClosingBell&amp;utm_medium=email&amp;utm_source=Sailthru&amp;nr_email_referer=1&amp;utm_campaign=Post%20Blast%20%28moneygame%29:%20STOCKS%20RALLY:%20Here%27s%20what%20you%20need%20to%20know&amp;utm_term=Closing%20Bell?r=US&amp;IR=T\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/05\/image.png?w=525&#038;ssl=1\" alt=\"\" \/><\/a><\/p>\n<p>Source: <a href=\"http:\/\/www.businessinsider.com\/chart-shows-death-of-department-stores-2016-5\">HERE IT IS: One brutal chart shows death is imminent for America&#8217;s department stores | Business Insider<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Bob Bryan: Old-school retail has been getting walloped lately&#8230;.. Torsten Sl\u00f8k, chief international economist at Deutsche Bank, has one chart in his monthly chartbook that lays out a pretty straightforward reason for the decline. In the chart, Sl\u00f8k presents the startling decrease in the amount of income Americans spend on clothing&#8230;. Source: HERE IT &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Death of America&#8217;s department stores&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[1000,2940],"class_list":["post-13389","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-department-stores","tag-retail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Death of America&#039;s department stores - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Death of America&#039;s department stores - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Bob Bryan: Old-school retail has been getting walloped lately&#8230;.. Torsten Sl\u00f8k, chief international economist at Deutsche Bank, has one chart in his monthly chartbook that lays out a pretty straightforward reason for the decline. In the chart, Sl\u00f8k presents the startling decrease in the amount of income Americans spend on clothing&#8230;. Source: HERE IT &hellip; Continue reading &quot;Death of America&#8217;s department stores&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-25T00:53:22+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/05\/image.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Death of America&#8217;s department stores\",\"datePublished\":\"2016-05-25T00:53:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/\"},\"wordCount\":76,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/image.png\",\"keywords\":[\"department stores\",\"retail\"],\"articleSection\":[\"Economy\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/\",\"name\":\"Death of America's department stores - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/image.png\",\"datePublished\":\"2016-05-25T00:53:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/image.png?fit=1055%2C792&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2016\\\/05\\\/image.png?fit=1055%2C792&ssl=1\",\"width\":1055,\"height\":792},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2016\\\/05\\\/24\\\/death-of-americas-department-stores\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Death of America&#8217;s department stores\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Torsten Sl\u00f8k, chief international economist at Deutsche Bank, has one chart in his monthly chartbook that lays out a pretty straightforward reason for the decline. In the chart, Sl\u00f8k presents the startling decrease in the amount of income Americans spend on clothing&#8230;. Source: HERE IT &hellip; Continue reading \"Death of America&#8217;s department stores\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2016-05-25T00:53:22+00:00","og_image":[{"url":"http:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/05\/image.png","type":"","width":"","height":""}],"author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"Death of America&#8217;s department stores","datePublished":"2016-05-25T00:53:22+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/"},"wordCount":76,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#primaryimage"},"thumbnailUrl":"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/05\/image.png","keywords":["department stores","retail"],"articleSection":["Economy","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/","name":"Death of America's department stores - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#primaryimage"},"thumbnailUrl":"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/05\/image.png","datePublished":"2016-05-25T00:53:22+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#primaryimage","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/05\/image.png?fit=1055%2C792&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/05\/image.png?fit=1055%2C792&ssl=1","width":1055,"height":792},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/24\/death-of-americas-department-stores\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Death of America&#8217;s department stores"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. 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A slew of weak results sent traditional retailers into a tailspin this week. Gap (GPS) and\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15539,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/07\/04\/surprise-retail-sales-figures-light-fire-under-consumer-stocks\/","url_meta":{"origin":13389,"position":1},"title":"Surprise retail sales figures light fire under consumer stocks","author":"ColinTwiggs","date":"July 4, 2017","format":false,"excerpt":"From Patrick Hatch at The Age: A surprise jump in retail sales statistics lit a fire under Australia's beleaguered discretionary retail stocks on Tuesday, making them some of the best performing companies on the ASX's best day of the year so far. Gain[s] were enjoyed across the sector as JB\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60031,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/12\/20\/treasury-grinch-spoils-christmas-rally\/","url_meta":{"origin":13389,"position":2},"title":"Treasury Grinch spoils Christmas rally","author":"Colin Twiggs","date":"December 20, 2024","format":false,"excerpt":"Ten-year Treasury yields broke resistance at 4.5%, signaling an advance to 5.0% on the weekly chart below. From Jim Grant: As Bianco Research eponym Jim Bianco relays, that\u2019s by far the largest upside lurch to begin the eight easing cycles seen over the past four decades, with 10-year yields remaining\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"10-Year Treasury Yield","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-12-20-tnx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-12-20-tnx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-12-20-tnx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":17003,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/09\/12\/wesfarmers-ltd-wes\/","url_meta":{"origin":13389,"position":3},"title":"Wesfarmers Ltd (WES)","author":"Colin Twiggs","date":"September 12, 2018","format":false,"excerpt":"Stock: Wesfarmers Ltd Symbol: WES Exchange: ASX Financial Year-end: 30 June Latest price: $51.34 Market cap: $58.1 billion AUD Date: 11 September 2018 Sector: Consumer Staples Industry: Food & Staples Retailing Investment Theme: Dividends & Growth Company Profile From its origin in 1914 as a Western Australian farmers' cooperative, Wesfarmers\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17001,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/09\/06\/woolworths-group-ltd-wow\/","url_meta":{"origin":13389,"position":4},"title":"Woolworths Group Ltd (WOW)","author":"Colin Twiggs","date":"September 6, 2018","format":false,"excerpt":"Stock: Woolworths Group Ltd Symbol: WOW Exchange: ASX Financial Year-end: 30 June Latest price: $28.24 Market cap: $37.2 billion AUD Date: 6 September 2018 Sector: Consumer Staples Industry: Food & Staples Retailing Investment Theme: Dividends & Growth Company Profile Woolworths is Australia's largest retailer, operating supermarkets in Australia (more than\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17928,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/02\/26\/wesfarmers-ltd-wes-2\/","url_meta":{"origin":13389,"position":5},"title":"Wesfarmers Ltd (WES)","author":"Colin Twiggs","date":"February 26, 2019","format":false,"excerpt":"Stock: Wesfarmers Ltd Exchange: ASX Symbol: WES Date: February 26, 2019 Latest price: $32.70 Market Cap: $36.957 bn Fair Value Estimate: $28.25 Forward P\/E: 16.4 Fair Value Payback: N\/A Financial Y\/E: June 30 Rating: Sell Sector: Consumer Cyclical Industry: Home Improvement Stores Investment Theme: Growth & Dividends Structural Trends: N\/A\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/13389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=13389"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/13389\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=13389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=13389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=13389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}