Against that backdrop, retail chains are reporting their same store sales for July today, and so far they are less than stellar, particularly considering the comparisons are to July of last year when chain store sales fell an average of 5%.
While we expect product shipments to decrease slightly, we estimate lower revenues and depressed margins due to rapidly declining average selling prices throughout the solar supply chain.
If it had succeeded, it would have been the first major retail chain to have customers shop within the social network, a place where the average American spends about seven hours a month.