While most retailers are simply trying to stay out of Chapter 11, Wal-Mart posted an extraordinary quarter. It was even more impressive because, as the world’s largest retailer, it must fight the…
Douglas A. McIntyre Wal-Mart Stores Inc. (NYSE: WMT) is set to report earnings this coming Tuesday morning before the open. The company already gave an approximate revenues number of $94 Billion. As you will see…
Wal-Mart (WMT) continued to amaze. How does the world’s largest retailer grow faster than almost all of its competition? For the month of April, Wal-Mart’s sales were up 9.8% to $29.8 billion.…
Douglas A. McIntyre The hallmark of some of the most successful companies over the last fifty years is that the CEOs spent a great deal of their time with customers and at company locations around…
Edward S. Lampert, billionaire and hedge fund manager, arrived at the Recession about six months late. The chairman of zombie retailer Sears (SHLD) "said the retailer is taking a conservative stance amid…
In what could be a brilliant move if the recession and drop in retail sales worsen, Target (TGT) has agreed tot sell $3.6 billion of its credit card loan portfolio to JP…
Wal-Mart (WMT) has decided Mom does not want flowers or candy this year. It is aggressively marketing the new Nintendo Wii Fit as a way to pull reluctant and impoverished shoppers into…
Douglas A. McIntyre According to Reuters, the CEO of Microsoft (MSFT) says that the company is close to its next move in its attempted takeover of Yahoo! (YHOO). Reuters reports that Wal-Mart (WMT) will use…
Fresh Del-Monte (FDP) came out with some pretty strong earnings today. Income climbed to $63.6 million, or $1 per share, compared with $51.6 million, or 89 cents per share a year ago.…
There were too many headlines to count when Wal-Mart (WMT) got into the business of selling high-fashion, higher-price clothes a couple of years ago. The number of headlines increased when the project…
Douglas A. McIntyre Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s…
There is an interesting report out of ChangeWave, which shows that higher prices combined with tighter consumer pocketbooks are driving customers significantly. A large-scale movement to discount retailers driven by skyrocketing inflation…
Wal-Mart (NYSE: WMT) has hired a new man to help it move into Russia and Eastern Europe. These are two of the large developed regions where the world’s largest retailer has made…
Douglas A. McIntyre According to Reuters, Northwest (NWA) and Delta (DAL) will merge to create the world’s largest airline. Reuters writes that the profit at Bear Stearns (BSC) fell 79%. Reuters reports that Continental (CAL)…
It is the kind of deal that investment bankers trying to save their jobs and desperate CEOs might dream up. Blockbuster (NYSE:BBI) has proposed to buy Circuit City (NYSE:CC) for $6 to…