pdivi - 1:22 am on Jun 26, 2008 (gmt 0)

Both in terms of traffic and sales, we had an amazing Jan/Feb, slow erosion March/April/May, then off a cliff in June. We are 90% US. US consumers are just clamping down. Their basic (food & energy) expenses are way up, their real estate & stock assets are way down, and who knows whether their jobs will be in peril soon. Clamping down is just a sign of sanity.

I don't expect our market to bounce back any time soon. My only hope is that some of my competitors will be have a harder time weathering it than I.