Costco (NASDAQ: COST) same-store sales rose 7% for the important five week holiday period. The movement was, however, a slowing from the balance of the quarter which rose 9%. Costco is one…
Douglas A. McIntyre What Eddie Lampert put together in 2005 could be broken into pieces again, and that might be the only realistic way to “fix” Sears Holdings (NASDAQ: SHLD). Lampert engineered a merger of…
Bain & Company topped the 2012 version of the “Glassdoor Top 50 Places To Work.” McKinsey, MITRE, and Shalom Consulting were all among the top 10. Tech leaders were also near the…
Stocks opened lower this morning and trailed mostly lower throughout the day. Today’s wholesale inventory reported showed a gain of 1.6% and the initial jobless claims were substantially lower than expectations of…
Costco (NASDAQ: COST), arguably the most successful of the big box retailers, posted impressive same-store sales for the latest quarter. The company also tood a charge. Net sales for the quarter increased…
Douglas A. McIntyre Most of America’s largest companies are also among its oldest companies. In fact, many of the Fortune 100 firms are more than a century old. Almost none were founded in the past…
Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and the worst…
Early reports on November same-store sales indicate that shoppers have been more than willing to part with their money. Limited Brands Inc. (NYSE: LTD), Costco Wholesale Corp. (NASDAQ: COST), Stage Stores Inc.…
Paul Ausick The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
An unexpected gain in October retail sales has boosted prospects for a better-than-forecast holiday retail sales season. Some of the sales gains will come from lower pricing, which can’t always be counted…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of September 30, 2011. These public stock holdings have been broken down into two…
Financial concerns about Italy have raised the issue of a breakup of the eurozone. (Reuters) China’s October imports rise but exports are weak. (Reuters) A deal to name a new prime minister…
October is not usually a strong month for retailers because shoppers take a break between the back-to-school buying and the coming holiday season. In October 2010, same-store retail sales rose just 1.6%…
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…
Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering that US GDP growth predictions are now below 2%; not good, either,…
