It is just reality.
These companies are the canaries in the coalmine.
We have too much capacity.
End of.
OFF THE BOIL
Retailer Share price fall
since Jan 1
Clive Peeters -70%
David Jones -14%
Fantastic Holdings -29%
Harvey Norman -19%
Myer -9.6%
Wesfarmers -10.6%
Woolworths -3.5%
http://www.theage.com.au/business/clive-peeters-sales-join-retail-dive-20100504-u7aq.html
