‘The downsizing of the Middle Class has become so huge that even mainstream American corporations like Walmart, Campbell Soup and Hershey are hurting from the loss of their mainstream demographic.
Most Americans are so strapped for cash at this point, that they can little afford to splurge on anything but the basics. As a result, stores are shifting their appeal to wealthier, upper class niches where they hope to turn a profit.
Welcome to the “changing income landscape” in the United States and beyond… according to those in the know, it is a “seismic shift” of epic proportions.
By all accounts, this isn’t going away anytime soon.’