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Examples
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Goldman on May 18 recommended investors short Nordstrom shares and buy Macy's, citing an "aspirational to desperational spending theme," that favored the latter department store.
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"We have gone from the 'aspirational' shopper -- people who spent beyond their means for the sake of status or the sheer thrill -- to the 'desperational' shopper," he observes.
unknown title 2009
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"We have gone from the 'aspirational' shopper -- people who spent beyond their means for the sake of status or the sheer thrill -- to the 'desperational' shopper," he observes.
unknown title 2009
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