{"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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"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 v27.8 - 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;. 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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":17003,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/09\/12\/wesfarmers-ltd-wes\/","url_meta":{"origin":13389,"position":2},"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":60031,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/12\/20\/treasury-grinch-spoils-christmas-rally\/","url_meta":{"origin":13389,"position":3},"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":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":21608,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/09\/19\/industrial-production-no-v\/","url_meta":{"origin":13389,"position":5},"title":"Industrial Production: No V","author":"Colin Twiggs","date":"September 19, 2020","format":false,"excerpt":"This chart from Liz Ann Sonders at Charles Schwab highlights the problem facing the US economy: Retail sales recovered fully, while industrial production is faltering. That is because people are spending money they did not earn. With almost one in five of the February workforce still collecting unemployment, it should\u2026","rel":"","context":"In &quot;GDP and Activity&quot;","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"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}]}}