looking thru the 2nd qrt report...
same RR traffic for the 2nd quarter was off more than 3%
some of the company stocks have done ok, since price increases have helped on the revenue side. so even tho volume is down, revenue is not down.
on a similar note,... after a vote to increase the minimum wage in arizona, (a couple years back)... here is what i have observed in the tucson area.
some small mom and pop businesses had to raise prices to compensate for the wage increase. so maybe revenue is up by 1%, but foot traffic is off by 1%.
i call this stagnation.
it is much better for the economy when volume increases, but price does not.
it is worse economically when price increases, but volume is off.