Starbucks Offers Free WiFi, No Strings Attached
Starbucks (NASDAQ: SBUX), following in the footsteps of McDonald’s (NYSE: MCD) and most small municipal libraries, will begin to offer free WiFi beginning July 1. No reason for the delay was given.
Retail
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Newest first · Page 326Amazon Atop Another Useless Retail Study
Amazon.com (NASDAQ: AMZN) is by a number of measures the most visited retail site in the US, the most successful e-commerce company in the world, and the online retailer with the biggest selection of…
New Apple iPhone Faces Overexposure
Apple Inc. (NASDAQ: AAPL) will sell its new iPhone in its own retail stores and in Walmart (NYSE: WMT). The should allow the handset and consumer electronics company will have the iPhone available nearly…
Retail Sales Collapse
The U.S. Census Bureau announced that advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $362.5 billion,…
Wal-Mart Tries for $15 Billion More in Share Buybacks (WMT, RTH)
Wal-Mart Stores, Inc. (NYSE: WMT) is going for the headline effect this morning at its 40th Annual Meeting of Shareholders. The company announced that its Board of Directors has just approved a new $15…
ICSC: Retail Sales Up 2.6% In May
The retail shopper may be running low on steam. The ICSC says its data shows that retail sales were up only 2.6% in May. Tight credit, a flight to savings, and worries about employment…
McDonald’s Recalls 12 Million “Shrek” Glasses
McDonald’s (NYSE: MCD) describes its collaboration with the producers of the animated “Shrek” movie, which appeals to youngsters, as a way “to encourage kids around the world to make balanced eating choices. ” It…
Walmart To Aid Employees To Get College Educations
Walmart (NYSE: WMT) plans to help 1.4 million of its US workers to get a higher education. The company announced that “Walmart’s Lifelong Learning Program will make it more convenient and more affordable for…
Toys ‘R’ Us: Flat Revenue, Bad IPO
Toys “R” Us has filed its S-1 with the SEC as it prepares its IPO. The retailer plans to raise $800 million. The company has been private for half a decade. It’s time to…
Costco: The Resurrection Of The American Consumer?
Costco (NASDAQ: COST) announced very impressive earnings for the quarter ending May 9. Revenue rose from $15.5 billion to $17.4 billion. Net income jumped from $210 million to $306 million. Same-store sales were up…
Nordstrom Takes Up The Dividend Fight With Peers (JWN, JCP, M, DDS, SKS, KSS, SHLD)
Nordstrom, Inc. (NYSE: JWN) has raised its dividend, and the raise is substantial even if the yield is not. The higher-end and luxury apparel retail department store hiked its dividend from $0.16 previously up…
Starbucks Moves Way Down Market With Flavored Coffee
On May 12th, Starbucks (NASDAQ: SBUX) announced it would strengthen its Seattle’s best brand by building relationships that would get the brew into 30,000 locations by the end of the year. Here is how Starbucks described…
Nordstrom: Value & Reality Catch the Stock (JWN, KSS)
Nordstrom, Inc. (NYSE: JWN) may serve a different tier of the retail market than Kohl’s Corp. (NYSE: KSS), but it is sharing the same trend: selling off after earnings as valuations caught up to…
Walmart To Spend $2 Billion To Relieve US Hunger
According to the US Agriculture Department, 15% of Americans do not have access to an adequate supply of nutritious food. Walmart (NYSE: WMT) means to relieve a large part of the problem and will devote a large investment to the cause.…
Green Mountain Now One With Diedrich, Time To Execute (GMCR, PEET)
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has completed its acquisition of Diedrich Coffee. Peet’s Coffee & Tea Inc. (NASDAQ: PEET) was in a fight to secure Diedrich, but Green Mountain emerged victorious… sort…