We just saw that some major retailer clothing stores are not accepting clothes back after being bought.
The store's warehouses are so full that there isn't much room for returns. These retailers are saying that it is less expensive for them to give the person a cash/credit return and they can keep the items. Saves the store from storage space, re inspection, returned items need to be re packaged and then stored.
Just not take it back.
Inflations over 8% and for the Recession that is here Interest Rates have to go above the Inflation Rate. so the Fed is going to raise to about 9% and continue to raise. If anyone was around when Jimmy Carter was in the Interest Rates were 13%. I bought a Horse Farm with my VA loan. It was 12.65% on a 12 acre farm that i paid $63K for. everyone thought i was nuts. My 30 year mortgage was $687.34 per month. I was making $24,414.20 for that year or $2,034 gross a month. Also had a $440 car payment because of high Interest. then car ins, Taxes and insurance for the farm was $3,500. The we had a dozen horses and a dozen field dogs. Luckily we did our own Faring and Vetting. Till this day I don't know how I made it for almost 10 years. Lots of bologna and hot dogs and working three jobs.
Everyone had it bad back in the 80s. Now we are going back into a worse recession. Families are not the same, children have no idea if they get their IPhone cut, Most of the youth don't work part time. They want the highest cost clothes and best weed.
Buckle up we are in far a really bad ride for many years.
The store's warehouses are so full that there isn't much room for returns. These retailers are saying that it is less expensive for them to give the person a cash/credit return and they can keep the items. Saves the store from storage space, re inspection, returned items need to be re packaged and then stored.
Just not take it back.
Inflations over 8% and for the Recession that is here Interest Rates have to go above the Inflation Rate. so the Fed is going to raise to about 9% and continue to raise. If anyone was around when Jimmy Carter was in the Interest Rates were 13%. I bought a Horse Farm with my VA loan. It was 12.65% on a 12 acre farm that i paid $63K for. everyone thought i was nuts. My 30 year mortgage was $687.34 per month. I was making $24,414.20 for that year or $2,034 gross a month. Also had a $440 car payment because of high Interest. then car ins, Taxes and insurance for the farm was $3,500. The we had a dozen horses and a dozen field dogs. Luckily we did our own Faring and Vetting. Till this day I don't know how I made it for almost 10 years. Lots of bologna and hot dogs and working three jobs.
Everyone had it bad back in the 80s. Now we are going back into a worse recession. Families are not the same, children have no idea if they get their IPhone cut, Most of the youth don't work part time. They want the highest cost clothes and best weed.
Buckle up we are in far a really bad ride for many years.