Wal-Mart (WMT) same-store sales rose 2.4% for the five weeks ending on January 4. Revenue at the big retailer was up 8.4% for the period to $46.6 billion. International sales moved higher…
Douglas A. McIntyre Dell (DELL) is trying to pick which products it wants to give to retailers like Best Buy (BBY) and Wal-Mart (WMT) and which it wants to sell on the internet. Maybe it…
According to several media reports, Wal-Mart (WMT) has shut its movie download business. It blames the fact that Hewlett-Packard (HPQ) is discontinuing the technology platform which makes the service work. It is…
According to Reuters, Merrill Lynch (MER) plans to lay-off 1,600 people. Reuters writes that US durable goods numbers were worse than expected for November. Reuters writes that Wal-Mart (WMT) will end its…
Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies without borrowing a dime. Berkshire’s chief, Warren Buffett could put his money…
It makes all of the sense in the world. The stores offering the best discounts are getting most of the traffic this holiday season. But, that may be a mixed blessing. According…
According to Reuters, retailers offering the sharpest discounts got the lion’s share of this year’s holiday customers. CostCo (COST) and Wal-Mart (WMT) made the list. The Wall Street Journal writes that a…
Wal-Mart (WMT) and Macy’s (M) are going to throw the retail ball up in the air just before Christmas and hope that the consumer catches it. Both stores plan to open some…
So far shares of Best Buy (NYSE:BBY) have managed to escape the retail woes seen at many specialty retailers. It does after all have a huge selection of PC’s, smartphones, iPods, video…
Rite Aid (NYSE:RAD) is a turnaround story that frankly has never ceased being a turnaround story. Can you remember the mid to late 1990’s stock trading? One great stock in the drug…
comScore today released data that shows households with incomes under $50,000 are not lifting their online spending much from the holiday season last year. Sales from this demographic group are up only…
The online e-commerce business is booming this year. The total value of goods bought online is up 19% for the period from November 1 through December 11 to $20.49 billion. This past…
Wal-Mart (WMT), which is opening its 100th store in China, says that it expects 30% annual growth in that country. But, according to Reuters recently "the All China Federation of Trade Unions…
Douglas A. McIntyre December 6 was the biggest online sales day in history, at least according to comScore. Online buyers spent $803 million dollars that day. up 28% from the same day last year. It…
Over 50% of holiday shoppers are wandering through malls baiting retailers. They are saying "We are here, but we ain’t buying yet." Reuters writes that consumer-behavior marketing firm America’s Research Group found…