Walmart’s (NYSE: WMT) domestic sales may have stumbled, but its online presence is still dominant. July Comscore figures show that Walmart’s sites had 38.7 million unique visitors. That is nowhere close to…
William Ackman’s Pershing Square Capital Management has dumped more money into J.C. Penney. It is a mistake, unless he has some undisclosed plan to mine assets which are not obvious or break…
Target Corp. (NYSE: TGT) reported earnings this morning and the second quarter results were solid if not spectacular. Target posted EPS of $1.03 vs. expectations of $0.97. Net profit rose from $679…
Sam Walton left his children his share of the world’s largest retailer–Walmart (NYSE: WMT). The family still has the control block–1.68 billion shares or over 48% of outstanding. S Robson Walton is…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of June 30, 2011. These public stock holdings have been broken down into…
Wal-Mart Stores Inc. (NYSE: WMT) has continued to be the most dominating brick and mortar force in retail, even if it is far from the most attractive and even if it has…
When your business hasn’t shown much sign of growth for several years running, maybe it’s time to change strategy. Wal-Mart Stores Inc. (NYSE: WMT) has been trying to grow its business organically…
Many economists don’t believe that the US debt ceiling is the biggest problem the country faces. In their view the most compelling issue is unemployment, currently at 9.1% and, given the nearly…
Costco Wholesale (NASDAQ: COST) is the first retailer to report results each month. Its July numbers were particularly strong. Sales for the four weeks of July were higher by 10%. Wall St.…
JP Morgan (NYSE: JPM) may become the largest lender in the U.S. soon (Reuters) Jobs numbers may show that the economy has finally turned the corner (Reuters) Fitch downgraded Minnesota from AAA…
The month of June looks to have been pretty good for some U.S. retailers. Costco Wholesale Corp. (NASDAQ: COST), Macy’s Inc. (NYSE: M), Limited Brands Inc. (NYSE: LTD), Target Corp. (NYSE: TGT)…
Most of the financial media stops at mid-year to reflect on how the market performed since January 1. The effort is often fruitless. The fact that a stock, or any market, did…
It may not seem like much when gasoline costs $3.70 per gallon of regular, but Wal-Mart will cut gas prices by a dime for the next 90 days. While it may not…
One of the major stories in the Washington press this mornings is not about the deficit, the Presidential race, or members of Congress who have resigned because of indiscretions. Sears Holdings (NASDAQ:…
BJ’s Wholesale Club Inc. (NYSE: BJ) is the latest private equity buyout target in the retail segment. Two active players in retail industry buyouts, Leonard Green & Partners and CVC Capital Partners,…
