Everywhere is Having a Sale

This Guy Kawasaki post of pictures from his local mall illustrates perfectly something that’s happening all over. We’ve ventured into the malls/outlets twice since Christmas and the whole world is 20%-50% off. I’ve never seen that before. Sure there’s a clearance rack, but the name stores appear desperate to move merchandise. I’ve got a bunch of gift cards and I’m getting nervous places will go out of business before I can use them. Is there a word for that?

Everywhere is Having a Sale