courtesy of Wal-Mart Stores Inc.The 500 largest corporations in the United States posted profits of more than $1 trillion last year, the first time ever to reach that level and, of course,…
The strikes by Amazon.com warehouse workers in Germany are no longer just a pesky problem. The Verdi labor union wants to move to collective bargaining to improve the lot of almost 10,000…
Following an initial rush of enthusiasm after the company reported fourth-quarter results in late February, shares of J.C. Penney have traded in a band between about $7.25 and $9.75.
thinkstockMay 29, 2014: Markets opened higher on Thursday following reports that U.S. GDP contracted by 1% in the first quarter and that new claims for jobless benefits fell to 300,000. Pending home…
Walmart needs a new board. The conclusion of a recent report about Walmart's need for more independent directors was not aggressive enough to solve Walmart's severe governance flaws.
Douglas A. McIntyre ThinkstockBy the end of last week, some 70% of retailers on the Retail Metrics Retail Earnings Index had reported first-quarter earnings, and the news has not been good. Retailers are missing expectations…
Google further cemented is position as the number one Web property in the United States based on April data. comScore reports that Google sites had 192.3 million unique visitors.
As retailers post poor earnings, the possibility that major retailers will eliminate thousands of locations in total has increased. Some announcements about "downsizing" have already been made.
7-Eleven Inc.From a single location in Texas in 1927, the 7-Eleven empire has grown to more than 52,000 stores in 15 countries. Those stores are no longer owned by a U.S. company…
E-commerce revenue is not rising at the rates it was several years ago, but it is still rising faster than retail in general. Desktop retail e-commerce spending rose 12% in the first…
In three of the past four years, Walmart has posted a year-over-year decline in U.S. same-store sales, and the gain the company posted in its 2012 fiscal year was a skimpy 0.2%.
courtesy of Whole Foods MarketInflation always seems like a dirty word we don’t want to talk about. In reality, the Federal Reserve is praying for some, and there are sectors that actually…
courtesy of WhiteHouse.govBerkshire Hathaway Inc. (NYSE: BRK-A) has released its holdings as of the end of the first quarter of 2014. We were originally not expecting many major changes to the portfolio.…
thinkstockMay 15, 2014: Markets opened lower on Thursday and traded lower all day as the market headed for its second straight losing day. The 10-year Treasury note was in demand again today,…
When retail behemoth Walmart reported its first-quarter earnings, the headlines and the reaction were atrocious. Now that the dust has settled, the question to ask if these results were really that bad.
Jon C. Ogg 
