VIDEO: Fox’s Retail Conspiracy

Leave it to Fox News to politically charge the retail recession. This video suggests that the Obama Administration is “cooking the books” to better retail sales figures. And we thought WE got accused of too much doom and gloom reporting!

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25 Responses to “VIDEO: Fox’s Retail Conspiracy”

  1. 1 Jeff April 10, 2009 at 9:08 am

    Desperate times for radically conservative networks. Fair and Balanced? Nope. Radical Agenda? Yup.

  2. 2 Dan April 10, 2009 at 9:26 am

    Unfortunately, you can not say this is a radical agenda. Fox news did not report or confirm what the guest said on the broadcast. It was the guests opinin and not Fox news. It was not reported as fact. Keep looking, you will always be able to turn things around to fit your needs.

  3. 3 Retail April 10, 2009 at 9:39 am

    Retail probably was up in January and I still cannot find parking at the big box retailers on a daily basis. Revenue is what is suffering. People are now finding designer brands at wholesalers like Marshalls. Nobody is shopping boutique right now, and if they are it is because of heavy discounts. It just does not make sense to pay full price and next month it will cost least. It is an industry death trap, unfortunately it is the mindset of the general population right now.

  4. 4 DAC April 10, 2009 at 9:51 am

    May or may not be radical, depending oÑ your own beliefs. But clearly an agenda none the less.

    The opinion was given by the guest, but a “news” network that has any journalistic integrity would have a more clear dilineation between fact and opinion.

    Fox doesn’t really have any credibility left anyway.

  5. 5 James April 10, 2009 at 10:02 am

    This is nauseous journalism, deceptive and mean spirited, its time for Americans to stop wasting their time with this insultingly stupid crap. Vote with your dollars folks, don’t watch and don’t purchase from Fox’s sponsors. America deserves better.

  6. 6 Broker April 10, 2009 at 10:07 am

    If you look at the sales and profit results from various retailers even in healthy categories like supermarkets and whse clubs their profits are stressed even when their sales are doing well. A supermarket executive I talked to said that there is a lot of trading down to goods that are lower price and lower margin. I think that thrift has returned with a vengeance and people are really stretching their dollars and not buying unless they find value. I will not comment regarding the media because I think that objectivity is gone and they all have an agenda.

  7. 7 GLP April 10, 2009 at 10:11 am

    To me it was just the guest opion—much like the guest on CNBC.

    It is up the individual what you choose to watch, and call, “as news” on TV.

    There are several, unbiased, fact based, firms that report which “TV News” Show are the most accurate. FOlks you may want to check those prior to making claims that you could not back-up. Do really do DD on property before you buy, or just make “blind claims”?

  8. 8 Roger April 10, 2009 at 10:25 am

    A quick look at his website reveals the commentator has,
    “Managed or consulted on sixteen congressional and senatorial campaigns”.
    It seems he is as much a political hack as a retail consultant. So much for objectivity on Fox!

  9. 9 kin powell April 10, 2009 at 10:26 am

    i firs heard this guy @ ICSC Fl. conf. when Melenia Mall was opening-he predicted disaster & was wrong! I can’t understand why or how he has any cuatomers. He’s oft quoted in the media because he is easy to get a sound bite out of. That doesn’t change the fact he is a BOZO!

  10. 10 Franco April 10, 2009 at 10:36 am

    Keep your criticism off of Fox. It’s the only source of news the American people can still count on to counter the radical individuals in power in our country .

  11. 11 Retail April 10, 2009 at 10:50 am

    Fox news is the worst… this guy is a hack… I could be a dummy too and believe all their reporting.

  12. 12 TommyD April 10, 2009 at 11:39 am

    The late, great, senator from NY, Sen. Daniel Patrick Moynihan, famously said “Sir, you’re entitled to your own opinions, but not your own facts”.

    I am in the retail real estate business. I do not welcome Britt Beemer’s of America’s Research Group commentary. However, as an investment professional, I strive always to distinguish my desires from the facts.

    Many of those who have posted responses to Beemer’s statements simply dismiss him with the wave of the hand claiming anything from FOX is biased and must be a lie. What such commentators failed to do is confront any of Beemer’s statements with counter-facts. It’s not as if Beemer did not present facts to support his argument. Beemer’s commentary was chock full of facts. I have no idea of Beemer’s ro America’s Research Group’s politics (if any). ARG appears to be a serious business research organization devoid of political agenda. Go to their web site ( It is not Beemer’s who has made baseless, politically motivated claims. Instead, it is does who have attacked him that have failed the tests of honest, unbiased debate.

    Personally, I would not trust any “one” news source. A variety of news outlets is critical for an informed population. Those of you below seemed more interested in censorship.

    Jeff – FYI – these are not desperate times for Conservative networks … they’re doing just fine financially. Their viewership and ad revenues are up since Obama was elected.

    Dac – I’m not sure how much more delineation you require … clearly those statements were that Beemer’s opinions backed by the facts he cites.

    James – what was deceptive about Beemer? He presented his argument backed up by “facts” which you have every right to challenge. Mean spirited? Whatever happened to critical thinking and spirited public debate. Hopefully you’re not responsible for your firm’s Due Diligence, lest you are forced to engage in any ‘mean-spirited’ questioning of the facts.

    Roger – you say “a quick look at Beemer’s website reveals he’s a political hack. Give me a break. You must have missed the other 99% of his website. The man makes a living selling his research to people who want to make a profit for the insights into consumer spending that he provides. You on the other hand, clearly are politically biased.

  13. 13 Karen April 10, 2009 at 4:04 pm

    Britt has been a friend to the ICSC and is an excellent researcher. Fox TV definately has an agenda. In this case it married. That does not make Britt less of an authority in my eyes; however, if he had replied that sales were indeed going up would he have had as long of an interview?

    However, in one thing I definately do agree – the media has downtalked the economy so much that folks who can shop are afraid too or feel a social empathy with their out of work friends, neighbors and relatives and out of consideration and concern or guilt have backed off. Afterall, they might be next. No one feels safe in this economy.

    We need positive talk desperately.

  14. 14 James April 13, 2009 at 7:45 am

    Tommy D, I don’t doubt for a minute that Beemer is a serious researcher. Its the charge by the news commentator that the Obama administration is somehow “cooking the books” that I take issue with, when in fact the two groups are merely looking at two different sets of information from different sources. Such charges are unwarranted, mean spirited and deceptive. I also thought that the conclusion that 25% of US retailer could go out of business was alarmist, but maybe such statements are what got Beemer the spot in the first place from an outfit like FOX that seems hell bent on spreading fear and doom. Where was FOX when Bush was lying about WMD in Iraq??

  15. 15 Chad April 13, 2009 at 9:33 am

    Tommy D, your points are well thought out and well stated, something I cannot say for many other comments to this article. Some of the folks in the retail world need sales to turn around so badly that they are willing to overlook the obvious fact that the average consumer has used nearly if not all of its disposable income and credit to CONSUME in the fairly recent past and has done little to no SAVING during that time period. Retail is in for a massive overhaul in the short term. Once this “cleansing” is complete, it will be as if we have backtracked 5 to 10 years in terms of REAL demand for retail goods and then after the excess space is absorbed over some period, maybe five years or so, hopefully we can return to a slow but steady growth rate amongst the majority of retail categories.

    The retail sales and subsequent development growth that took place over most of the last decade was driven by CREDIT and that is the problem here. It has been far too easy for people with absolutely no experience to become retailers and/or developers because of loose banking standards and the belief that the market would “grow forever”. People were so confident that this growth would continue to take place that they totally disregarded the fact that inexperienced developers, brokers, contractors, producers, etc. had driven pricing out of control. Instead of walking away from deals because of returns on investment that were historically ridiculously low based upon the risk associated, everyone kept building.

    To say that we are not in for a major retail sales shakeup over the next few years is as asinine as the greed we all partook in that got us in this position to start with. Politics aside because I am generally conservative and like Fox News…if we arent smart enough to learn from our mistakes as a society, we deserve the pain that is forthcoming. Lets all root for the economy to get better but keep a realistic point of view on what must take place for this country and the world to truly get back on solid ground. It isnt going to happen overnight or without a cleansing.

  16. 16 Fireball April 14, 2009 at 12:02 am

    That interview was much ado about nothing, and those who extrapolate anything political from it have to be hard-nosed liberals, as usual with their blinders on and their minds closed tight, lest any intelligence make it into their stubborn and humorless brains. There are none so blind as those who will not see.

  17. 17 Dealmaker April 14, 2009 at 8:04 am

    So….lets put this in perspective: Sales are still soft (we all know that),inventories are down and have been for a while(so much for presidents day), and we’re starting to comp the first big sales slides of this recession? Oh…and statistics can still be manipulated to put whatever spin you want on them….LOL…..there is nothing earth shattering here to the trained eye and ear.

  18. 18 John April 14, 2009 at 8:39 am

    Talk about the sheep calling the FOX black! Would you care to publish your ratings along side the FOX ratings? I believe this would clearly indicate which network the American people have the most faith in and watch most often. The liberal press has out run themselves and is so nearly in the tank they will stop at nothing to discredit FOX for ANYTHING they report.

  19. 19 Tim April 14, 2009 at 2:04 pm

    The interviewer asked “Are you saying “as a lead in to his question. How was FOX conspiring.It was a guest’s opinion. I hate to be the bearer of bad news, but retail is hurting out there. Are any of you in real estate? Why are you being partisan on the issue. I did not read that any of the against FOX responses said they were spending money on retail purchases.Their only expertise in the matter was that they saw cars in the mall parking lots and assume people were shopping.

  20. 20 Dan April 14, 2009 at 3:09 pm

    Ok, This is silly. The liberals among you are going to say Fox is starting a conspiracy. The conservatives are going to say just the opposite. My point is that a spokes person for Fox is allowing the speaker to say what he thinks is going on. nothing more.
    Please if you think there is reason to question our government reports, think back as to how many times a government report needs to be modified from one month to the other. Every time! no matter which party is in control. Just look at Bloomberg .com this afternoon. The economy is not improving. Heck, the biggest shoe of all still has not dropped.
    We are concerned at the lack of capital now, believe me, the commercial side of short term loans is not even on the scotboard yet. We can’t find 17 billion to refinance the current maturities, what do you think will haoppen over the next two years when another 130 billion comes due. couple this with higher tax rates. This is no conspiracey, it is what we will all have to live with.

    Forget who is in charge, just realize that we now have the Fox guarding the hen house.

  21. 21 Ladislao April 15, 2009 at 11:29 am

    Again, you want to find out who is truly conspiring, then check this out:

    THIS IS THE REASON WHY things are happening the way they are. You think it’s Obama? He’s just a tool. Oh he knows what’s going on, but again, he’s just a tool. The bottom line – it’s the Federal Reserve and the people behind it; from the beginning – period.

    BTW, this guy (Britt Beemer) that they were getting advice on FOX is NOTHING compared to Gerald Celente who not only predicted these things, BUT they ALL CAME INTO FRUITION:

    1) The fall of the Soviet Union
    2) The war in Iraq
    3) The crash of ’87
    4) The “dot com” bust
    5) the recent housing collapse

    If you really want to talk about somebody and some REAL ISSUES, this is the guy to focus on for a review. Again, JUST MY OPINION… (I always have to preface with that statement so as to not offend anyone with what’s coming anyway – but again, just my opinion)…

  22. 22 Lee April 15, 2009 at 1:09 pm

    I own & manage S. CA. CRE including unanchored well established strip retail centers. My Orange County retail tenant’s sales are down an estimated 20 – 25% necessitating avg rent concessions of 10%. My Inland Empire retail tenant’s sales are down an estimated 35 – 40% (have an ice cream store recently having NO – zip, zilch sales on a sunny day) necessitating avg rent concessions of 20%. There basically are NO lease inquiries! Retail sales are down and appear to be worsening.

  23. 23 john April 26, 2009 at 3:33 pm

    Treepodia, the leading provider of smart video platform for online retailers, can help online retailers with covering their entire catalog with video content in 24 hours

  24. 24 Darrell April 27, 2009 at 1:38 pm

    Ladislao is a commie, rabblerouser.

    • 25 Ladislao May 23, 2009 at 1:49 pm

      Anyone who wants and expects the government to “bail them out” and “save” them is a socialist in their thinking. So then, who REALLY is the “commie,” Darrell !?!?

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