Why are not publicly traded retailers down 30% and traded companies only down 5%
Either someone is not telling the truth or the publicly traded companies are so worried about showing good revenues that they are spending a fortune on advertising and selling at a loss.
I don’t trust the financial reports of the publicly trade companies. I suspect some make more on investors then they do on products that they sell. They could use the investors money to manipulate inventory. Maybe they don’t show those 20% off discounts. How can they only be down 5% when they have 20% off sells? That would mean they are selling more this year then last year.