Walmart’s (NYSE: WMT) domestic sales may have stumbled, but its online presence is still dominant. July Comscore figures show that Walmart’s sites had 38.7 million unique visitors. That is nowhere close to the world’s…
William Ackman’s Pershing Square Capital Management has dumped more money into J.C. Penney. It is a mistake, unless he has some undisclosed plan to mine assets which are not obvious or break the retail…
Apple Inc. (NASDAQ: AAPL) is supposed be invincible. Apparently, as your size grows your problems can grow as well. Apple’s Online Store website is down. http://store.apple.com is the failed site at the moment. The…
Target Corp. (NYSE: TGT) reported earnings this morning and the second quarter results were solid if not spectacular. Target posted EPS of $1.03 vs. expectations of $0.97. Net profit rose from $679 million in…
Sam Walton left his children his share of the world’s largest retailer–Walmart (NYSE: WMT). The family still has the control block–1.68 billion shares or over 48% of outstanding. S Robson Walton is the company’s…
Wal-Mart Stores Inc. (NYSE: WMT) has continued to be the most dominating brick and mortar force in retail, even if it is far from the most attractive and even if it has never been…
Covering gainers on a day when the DJIA rose more than 400 points after a 600 point drop the prior day can be a bit challenging because many moves are exaggerated. What is not…
McDonald’s Corp. (NYSE: MCD) announced this morning that US same-store sales in July increased by 4.4%. In the announcement, the company noted especially its McCafe drinks and its “market-leading breakfast.” World-wide, same-store sales grew…
When Kraft Foods Inc. (NYSE: KFT) announced its deal to acquire Britain’s Cadbury in May 2010, investor Warren Buffett proclaimed it a “dumb” deal and promptly cut his holdings in Kraft stock by more…
Costco Wholesale (NASDAQ: COST) is the first retailer to report results each month. Its July numbers were particularly strong. Sales for the four weeks of July were higher by 10%. Wall St. expected that…
Budweiser released a new can. It has been using the old design for ten years. Beer cans don’t sell beer. “Shipments of Budweiser to wholesalers, a measure of sales volume, fell 7.3% last year…
The world’s population is likely to reach 10.1 billion people by the end of the century up from 7 billion this year. It will reach 9.3 billion along the way–probably in 2050. There is…
Americans often say they eat unhealthy foods because the healthy alternatives are more expensive. For consumers willing to put in a little bit of effort, however, healthy, fresh foods are inexpensive and available. One…
Amazon.com Inc. (NASDAQ: AMZN) has another report that may be baffling for some investors. The online retailer of just about everything reported that income fell 8% to $191 million or $0.41 EPS and a…
The consumer economy is not entirely moribund. Retail sales rose .1% in June. It was not a sharp jump, but a modest sign that the American public has not locked themselves away in their…