Read other letters about this article
Consumer prices are where they were 6 months ago, or higher. Rents are higher, food is higher, clothing is higher, health care is higher. The only thing that's not higher is fuel, nat gas, heating oil.
So if all the retailers want to piss and moan then they should consider lowering their prices. This is precisely why Wal*Mart is doing well now. This is precisely why Starbucks stock is in the toilet. People need bargains.