Bricks-and-mortar retail sales were predicted to be down by 5% or so this year. At companies like Sears (SHLD), Gap (GPS), and Macy’s (M), which have been suffering for several quarters, the…
According to Reuters, Chrysler will idle its plant for a month to cut inventory and costs. Reuters reports that the SEC is under fire over the Madoff investigation. Reuters reports that Obama…
The news about what will happen to retail spending ends at December 31. All of the analysis is focused on the period from November 1 to the end of the year. So…
Wal-Mart (WMT) reported strong same-store numbers for its most recently reported period. New data from MasterCard (MA) indicates that almost every other retailer in the country was bloodied during the early part…
Dillard’s Inc. (NYSE: DDS) could use new blood, literally. The company is run by William Dillard II as CEO (founder’s son) and as Chairman, and its President is Alex Dillard. There are…
Covering any part of the positives in this market has been literally as rewarding as jumping in the bear cage with the bears at the zoo. We have been refraining from doing…
The home of "everyday low prices" took a bit of a hit today when it put out its earnings. It can not longer be called "recession proof", but it is still damn…
Consumer sentiment and consumer spending may be bad today, but according to a major new survey, they are going to get much worse over the next three months. Among the largest victims…
The retail sales numbers on Main Street are truly going to hell in a hand basket. The only bright spot is Wal-Mart Stores (NYSE: WMT), and that is just indicative of a…
These are ten of the top Wall Street analyst upgrades we are seeing from this Friday morning with more than two hours to the open: Borg Warner (BWA) Raised to Buy at…
Wall St. expected Wal-Mart (WMT) same-store sales to be up 2.5% in September. They only rose 2.4%. It was a brilliant showing. Almost all data from retail associations said sales across the…
Santa will be thinner this year, a sign that he cannot afford all that rich food. It is a good thing that he wears a beard because can’t afford a razor. By…
"Everyday low prices" are getting out of hand. Wal-Mart (WMT) already is cutting what it charges for toys and the holiday season has really not begun. According to The Wall Street Journal,…
Circuit City (CC) sacked the CEO who ran the company for the past four years. Philip Schoonover held every important job at the retailer from chairman to CEO to president. He was…
Goldman Sachs is out with a negative call this morning that is a downgrade in the department stores section of the retail sector. The firm believes that gains of some 30% while…
