Bed Bath & Beyond Will Be Gone This Year
The Bed Bath & Beyond balance sheet is too poor to support the company for more than a few months.
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Amazon Drops 50%
Amazon shares have fallen by half in the last year. This compares to a 33% drop in the Nasdaq. While its cloud business remains the largest and most profitable in the US, its e-commerce…
Bed Bath & Beyond and Other Companies Will Disappear
Bed Bath & Beyond is among several companies that will not survive by the end of next year.
Starbucks Keeps Battling The Union
There is a story in The New York Times in which billionaire and longtime CEO of Starbucks, Howard Schultz, describes his relationship with Starbucks store employees. . It says he is not against the…
Costco’s Online Business Craters
Costco's online sales have faltered badly, contributing to poor quarterly results and showing that management continues to move the company in the wrong direction.
Carvana’s Stock Heads Toward $0
After news that two large creditors plan to cooperate in dividing up the assets of used car company Carvana, the stock collapsed.
Customers Are Stealing From Walmart
Walmart has a shoplifting problem that has grown so much that management may start to close some stores.
America’s Worst CEOs of the Year: Ernest Garcia III
24/7 Wall St.'s second candidate for the Worst CEO of 2022 is Ernest Garcia III of Carvana.
Costco Takes a Brutal Beating From Walmart
Big-box retailers compete for their share of America’s shoppers. Costco lags Walmart in this race by a large margin.
Paid and Fake Product Reviews Are Aimed at Your Wallet
Amazon, Walmart and other big online retailers have programs for vendors to pay for placement of product reviews. How can a shopper know what's fake and what's real?
Earnings Previews: Dollar General, Kroger
Two major retailers are on deck to report quarterly results before U.S. markets open on Thursday.
JCPenney Has 670 Stores Left
Like other retailers whose businesses have weakened significantly in recent years, 2022 will make or break JCPenney.
28 Shopping Days Until Christmas
Black Friday has ended. Cyber Monday is hours away. By next week, December will begin. The shopping season has begun, and the runway retailers have to make money has begun to shorten quickly. For…
Earnings Wrap for Wednesday, November 23
Rising claims for jobless claims are putting some under equities ahead of the Thanksgiving Day holiday.
Apple’s iPhone Sales Catastrophes Mount
Apple is the leader in smartphone sales in the world by a large margin. Samsung is its only major competitor. While the iPhone 14’s sales have not been on fire, they have been steady…