Many retailers are out today with July same-store sales results, and the month’s gains appear to be better than first expected. The Thomson Reuters consensus estimate for sales growth was 3.1%, but…
wikicommons / SkimstaMany American companies have been lauded for their rapid rise to greatness, a process that sometimes takes less than a decade. These firms become leaders in their industries, are renowned…
When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company found “nearly half of Americans, 46%, still say the…
Subject: America’s Biggest Advertisers The 10 largest advertisers in the United States spent $26.2 billion in 2011, according to Advertising Age, an advertising trade publication. While the number is huge, it looks…
Martha Stewart Living Omnivision’s (NYSE: MSO) new CEO, Lisa Gersh, was given a restricted stock unit award last week in respect of 64,395 shares of MSLO Class A Common Stock. The corporation announced: In making…
Douglas A. McIntyre Spain has decided the only way to tackle its budget deficit is via extremely sharp expense cuts coupled with a more modest move to increase taxes. Prime Minister Mariano Rajoy says his government will…
It must be nice to be a founder. Despite a horrible performance, both financially and for shareholders, Martha Stewart was given a contract extension to act as founder and chief creative officer through June…
Douglas A. McIntyre Retail sales growth in June were expected to be weak compared with sales a year ago, and the predictions came true. Sales growth last June was a tough comparison because sales in…
Retailers will be announcing June same-store sales this week, and industry research firm Retail Metrics is now predicting sales growth of just 1% for the month. The past weekend’s storms on the…
Retail Metrics is out with its preliminary targets on June same-store sales and the report is one of caution. The firm is now expecting only a 1.0% growth in the same-store sales,…
The media was full of stories about the unexpected departure of JCPenney (NYSE: JCP) president Michael R. Francis. Nearly everyone who watches the retailer wonders how a man with his background — a…
RadioShack (NYSE: RSH), at 90 years old, operates in over 7,200 locations. Even with those advantages, the company might as well fold. The company stands as a fine example of how better-run…
Retailers are reporting May same-store sales today and it looks like the predictions for modest growth are being realized. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfect as it led the initial public offering of Facebook (NASDAQ: FB). Morgan…
Costco (NASDAQ: COST) continues to be the cream of big box retailers. May sales were up 7% to $7.67 billion. Same store sales were up 6%. Costco is not as large as…
