Retail

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IRS Possibly Issues $1 Billion Worth Of Bogus Refunds

The sad state of the IRS’s computer networks has been documented in government reports for years.  Now, as the federal government’s deficit balloons past $1 trillion, the notion that the agency’s poor data collection…

Douglas A. McIntyre · 16 years ago

Smith & Wesson Earnings Beat Very Low Estimates On Gun Sales

A cynic might say that the best thing that happened to firearms business was the election of Barack Obama in November 2008. Gun makers and owners, always distrustful of a Democratic administration, feared that…

Douglas A. McIntyre · 16 years ago

The Death Of Credit Cards

Government statistics have shown that for several months American have cut back on the use of credit. The news would seem to be bad for credit card companies, but there has not been much…

Douglas A. McIntyre · 16 years ago

The E-Reader Cuts Its Throat More Deeply

Border’s (NYSE: BGP) has cut the price of most of its e-readers as it tries to improve the tiny market share its has compared to the Amazon.com (NASDAQ: AMZN) Kindle and Barnes & Noble…

Douglas A. McIntyre · 16 years ago

Back-To-School Sales Falter

The back-to-school sales period should be completed within two weeks. New data show that the season failed to produce better results than last year and may even have been worse.  “Americans’ self-reported spending in…

Douglas A. McIntyre · 16 years ago

Starbucks Ready To Expand In Brazil (SBUX)

Starbucks Corporation (NASDAQ: SBUX) has just announced that it is taking control of Starbucks Brazil.  The company has assumed 100% ownership and 100% operating control of Starbucks Brazil through the acquisition of Cafés Sereia…

Jon C. Ogg · 16 years ago

Kohl’s Doesn’t Stand Up to Macy’s (KSS, M)

The earnings report from Kohl’s Corporation (NYSE: KSS) was partly like the Macy’s Inc. (NYSE: M) report yesterday, but the outlook from Kohl’s leaves a simple observation:  Macy’s is taking share from Kohl’s.  That…

Jon C. Ogg · 16 years ago

Sam’s Club Adds Wi-Fi As A Marketing Tool

Free Wi-Fi has been a marketing tool at restaurant and beverage establishments including McDonald’s (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Now Walmart (NYSE: WMT) has decided the service will help it attract and retain…

Douglas A. McIntyre · 16 years ago

McDonald’s Sales Explode Higher

McDonald’s (NYSE: MCD) proved once again that it may be the only company based in America with growth as bulletproof as Apple’s. Same-store sales for July exploded upward by 7%, well ahead of forecasts.…

Douglas A. McIntyre · 16 years ago

Perhaps Walmart Should Go Private

The chance that Barnes & Noble (NYSE: BKS) has decided to consider taking itself private has spawned a cottage industry of picking the next retailers that will make a similar decision. Barnes & Noble…

Douglas A. McIntyre · 16 years ago

Can Moody’s Save Krispy Kreme? (KKD)

Krispy Kreme Doughnuts Inc. (NYSE: KKD) is as much a cult stock as any, even though the stock has fallen off almost every big trader and investor radars after its problems with keeping its…

Jon C. Ogg · 16 years ago