Monday, April 28, 2008

Big Boxes doing well? Makes sense to me

I know we keep hearing about plans to cut, cut, cut and recession this, recession that, but MarketWatch says these retailers are still expanding.

I keep seeing and hearing about LOI after LOI and lease after lease. Keep 'em coming. Certain boxes (Wal-Mart comes immediately to mind) thrive in these kinds of conditions as people cut back to essentials. (Maybe it is just like staying at a cheaper hotel or using generic brands, etc.)

(Courtesy of Traffic Court.)