May 11, 2007

WALMART SALES PLUMMET, but Bob Krumm thinks that’s actually economic good news: “Well, simply put: No-one likes to shop at Wal-Mart unless they have to. It’s always crowded, the checkout lines are understaffed, the place is dirty, the parking lot is a mess.” Thus, when Wal-Mart goes down, it means people can afford to shop elsewhere. Interesting theory — we’ll see if he’s right. Personally, I’m a Target man because he’s right — Wal-Mart is just depressing. But I’d ditch Target in a second if someone would open up a Samuel’s in my neighborhood.

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