CEO Founders Who Should Quit Like Howard Schultz
There are other public company CEOs who should follow Howard Schultz's lead, but do so because their companies are failures.
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Douglas A. McIntyre
Amazon Destroys Competition, Taking 30% of Cyber Weekend Sales
Recent data poins out that the traditional wisdom about retail is true. There is Amazon, and then everyone else.
Wal-Mart Has Too Few Stores in Several Large States, a Weakness for Holiday Success
If Wal-Mart stores were more evenly distributed, its shot at larger revenue and a knockout blow to some of its weaker competitors would be better. However, store distribution is an Achilles' heel.
Meredith May Step Into Time Bidding — NY Post
A once-dead deal for Meredith to take over part of Time Inc. may resurface, according to the New York Post.
Smartphone Shipments to Pass 1 Billion
Shipments of 4G smartphones will hit a milestone this year as they pass 1 billion. The future may not be as bright.
Gas Prices Near $3 in California Cities
According to GasBuddy, the large city with the highest priced gas is San Francisco, where regular averages almost $3 per gallon.
Smart TV Remote Company Raises Very Modest $750,000 on Kickstarter
Americans have been plagued by inadequate and complicated TV remote control devices for years. A new company claims it can solve the problem and has raised over three-quarters of a million dollars on Kickstarter.
Gap Could Be Crushed by Holidays
During a holiday season in which online sales have become of paramount importance and traffic to stores is falling, Gap's most recent announcements have been about poor earnings and store closings.
Short Interest in Apple Drops 19%
Shares of Apple sold short for the period that ended November 15 fell 19% to more than 44 million. Apple was the 15th most shorted stock traded on the Nasdaq.
Holiday E-Commerce Up Only 12%
Holiday online spending, based on desktop sales has risen only 12% for the last two months of the year, according to comScore. The figure seems very modest. However, it does not include mobile, which…
9% Of Consumers Done With Holiday Shopping
E-commerce continues to pound bricks and mortar retail, and overall holiday retail sales are tepid. Whatever happens for the remainder of the year, some potential shoppers are lost Nine percent of consumers say they…
Nike Worst Performing Dow Stock Of 2016, Down 17.6%
Shares of Nike (NYSE: NKE) have been slaughtered in 2016, down the most of any Dow (DJIA) stock. Shares have fallen 17.8% to $51.52 this year. The Dow is higher by 9.9% for the…
Caterpillar Biggest 2016 Winner, Up 41%
Caterpillar (NYSE: CAT) has had a hard time the past few years and the need for heavy equipment has faltered. Better results and the election of Donald Trump, however, have driven its shares higher…
Porsche Shoots For 20,000 Electric Car Sales
to automobilwoche (Google Translate) Porsche CEO Oliver Blume expects a great demand for the brand’s first purely electric sports car. Other models could soon be driven with electricity. Mission E: The electric car from…
Black Friday Sales Surge To Record $3.34 Billion
E-commerce sales continue to rocket higher as the Black Friday total reached $3.34 billion The move to mobile was even more rapid as sales reached $1.2 billion, up 33% from last year According…
Macy’s Management Continues to Fail
Macy’s broke the cardinal e-commerce holiday rule. Don’t let your site collapse. It undermines sales, it makes management of the online business appear incompetent, and makes investors, customers, and employees wonder whether poor executive…
Best Buy Pushes Apple Products
Best Buy (NYSE: BBY) will offer price reductions, or “promotions” as it calls them, on Apple (NASDAQ: AAPL) products as a means to drive sales as the holidays start. The launch of new Mac…
Car Sales Expected to Post Record November
November U.S. car and light truck sales should dampen anxiety that the industry has peaked. New 2017 models have reached dealers after all. And interest rates are low enough to continue the option of…
Transportation Department Wants People to Actually Drive Their Cars
Many drivers have three primary problems with the new generation of apps and software that are installed in late generation cars. The first is that they often malfunction. The second is that they are…
The Most Famous Macy’s Thanksgiving Parade Balloons and Who Owns Them
The Macy’s (NYSE: M) Thanksgiving Day Parade dates back to 1924. It is a major PR event for the troubled department store and companies that have balloons showcasing their products. Not only do these…