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 Walmart reported disappointing first-quarter 2015 results before markets opened Thursday morning due to severe weather in the United States.
Paul Ausick Plug Power reported first-quarter 2014 results before markets opened Wednesday morning. The net loss was greater than expected, but so were revenues. Shares fell in premarket trading.
ThinkstockVermont’s legislature did what many members of Congress and the president would like to do. It raised the minimum wage in the state to $10.10 from $8.73. The federal minimum wage is…
Retail behemoth Walmart is expected to post $1.15 in earnings per share (versus $1.14 a year ago) on less than a 2% revenue gain to $116.25 billion when it report its results…
Jon C. Ogg courtesy of Wal-Mart Stores Inc.Wal-Mart Stores (NYSE: WMT), with sales at its U.S. stores flat year-over-year for several quarters, needs strong revenue through the Memorial Day to Labor Day period. If it can…
thinkstockMay 9, 2014: Markets opened mixed on Friday and wobbled along all day to finish with a small gain. Tech stocks got a burst of support in the last half-hour of trading…
Residents of 15 more U.S. cities are now eligible for Sunday delivery of their orders from Amazon.com. The service is available only on some items and in designated cities.
