One piece of data does not a trend make. The University of Michigan Consumer Sentiment Poll shows a little uptick last week. But, coming in the holidays, people’s spirits many be brightening.…
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…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week The CEOs are…
Analysts are of two minds about Google (GOOG). The first is that because it is the most efficient way for companies to reach customers that it will not be hurt much by…
Forget how Wal-Mart (WMT) is doing. Sears (SHLD) is the real face of retail. Between its Sears and K-Mart stores, it has 3,000 outlets and 330,000 employees. And, it is dying a…
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 US unemployment rate in September was 6.1%. The consensus estimates are that the numbers will rise, but there are differences over how much. The Bloomberg News survey of economists gives an…
Sears (SHLD) is already one of the weakest retailers in the US. Firms such as Wal-Mart (WMT) and Best Buy (BBY) have, in most cases, better merchandise, better store locations, and buying…
Target Corporation (NYSE:TGT) has confirmed that activist Bill Ackman’s Pershing Square has shared various ideas for an alternative ownership structure related to Target real estate. It also said that this has been…
Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number which is the average of all firms in the index is misleading.…
According to Reuters, the US is looking at guaranteeing billions of dollars of bank debt and temporarily insuring all bank deposits. Reuters reports that Citigroup (C) has ended talks about taking over…
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…
Hope is a fine human emotion until it moves to lunacy. A psychosis of optimism has seized the retail industry. The National Retail Federation says that sales will rise only 2.2% this…
