FedEx Corp. (NYSE: FDX) expects to handle more than 260 million packages during the coming holiday season. That’s a 12% increase from a year ago, and to cope with the flood the…
courtesy Green Mountain Coffee Roasters Inc.David Einhorn of Greenlight is well-known in investing, and not just for being long. This is called whale-watching. His comments today at the Value Investing Congress are…
The retail sales growth outlook for the coming holiday season has been cut to around 3%, only half the growth retailers saw in the 2010 holiday season. Of course, last year followed…
Each year, hundreds of thousands of temporary workers are hired by retailers to handle the demands of the holiday season. The number of seasonal workers added is considered a bellwether for the…
Costco Wholesale Corp. (NASDAQ: COST) reported its fiscal fourth-quarter and full fiscal year earnings before markets opened this morning. The headline numbers look pretty good, but the fine print might be telling…
U.S. retailers hired more than 627,000 seasonal workers during the October-December 2010 holiday season, a welcome boost from the mere 231,000 seasonal workers put on in 2008. Prospects for 2011 seasonal hiring…
Back in the day, a layaway plan made sense for many consumers who did not have the full purchase price of an item but could pay regular small installments until the item…
Some boards of directors of America’s largest public companies have shown such poor judgment guiding their troubled corporations that they have long stopped being effective. Just recently, the misguided actions of the…
Last April Dish Network Corp. (NASDAQ: DISH) paid $320 million to acquire Blockbuster Inc. out of bankruptcy. Speculation at the time suggested that Dish would enter the streaming video and DVD-by-mail market…
According to Netflix Inc. (NASDAQ: NFLX) CEO Reed Hastings, the company’s recent diving stock price reflects a failure on his part to communicate clearly what the company is doing. That sort of…
Some companies become so badly damaged because of changes in the competitive markets or due to poor management decisions that their employees lose hope. This may be due to the fact that…
The first votes are in on the pricing scheme introduced in July by Netflix, Inc. (NASDAQ: NFLX) and it appears that the company’s subscribers are voting with their feet. Netflix now expects…
Best Buy needs new leadership. The current CEO, Brian J. Dunn, has had his chance to turn the company around. Nearly every news report about Best Buy’s (NYSE: BBY) poor earnings carried…
Moody’s cuts ratings of France’s Credit Agricole and Societe Generale as Greek debt trouble spreads. (Reuters) Federal Reserve may try to help the economy with more bond purchases. (Reuters) Yahoo! (NASDAQ: YHOO)…
If you can’t dazzle them with your brilliance, then try baffling them with your footwork. That appears to be how Best Buy Co., Inc. (NYSE: BBY) is selling its weak second quarter…
