Retail

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Stock Market Votes for Walmart Over Amazon as Holidays Start

Amazon.com (NASDAQ: AMZN) is supposed to thrash Walmart (NYSE: WMT) in sales increases this holiday season. That should make Amazon the better investment. Wall St. believes otherwise, though. Over the past month, shares in Walmart are flat, while those…

Douglas A. McIntyre · 15 years ago

The Last Stand for Gap and Best Buy CEOs

The CEOs of Gap (NYSE: GPS) and Best Buy (NYSE: BBY) are at the ends of their respective ropes. If each company has poor holiday sales, as is expected, both chief executives likely will be…

Douglas A. McIntyre · 15 years ago

The Sodas America No Longer Drinks

The soda industry has a problem. Some of the industry’s largest selling and most famous brands have lost well over a third of their sales in the last decade. When those brands include Sprite,…

Douglas A. McIntyre · 15 years ago

No Turnaround Under New Sears (SHLD) CEO

The turnaround efforts of new Sears Holdings (NASDAQ: SHLD) CEO Lou D’Ambrosio have died almost before they started. Sears reported especially poor earnings for the quarter that ended October 31. The figures show that the…

Douglas A. McIntyre · 15 years ago

Black Friday Retail Sales Outlook Dims

US retailers expect holiday sales to experience weaker growth than last year’s 5.2% increase. For Black Friday, the day after Thanksgiving, retail sales growth is pegged at an increase of 1.6%. less than half…

Paul Ausick · 15 years ago

Target’s Website Crash: The Arrogance of Originality

Target (NYSE: TGT) announced in late 2009 that it would no longer use Amazon.com’s (NASDAQ: AMZN) tech platform to run Target.com. The country’s second largest retailer wanted to completely control its online operations. However,…

Douglas A. McIntyre · 15 years ago

Tiger Woods Nabs a Name for His Bag (DROP, T)

When I clicked on the link to Fuse Science, Inc. (OTC: DROP), the browser informed me that the page was in Russian and asked me if I wanted a translation. Since the language appeared…

Paul Ausick · 15 years ago

The Poor Lose the Ability to Buy Food

Because of the recession, the poor continue to lose the ability to pay for sufficient food. It is another sign that the financial situation of the lower class has become decoupled from that of…

Douglas A. McIntyre · 15 years ago