Retail

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Can Amazon.com See The Ghost Of Christmas Past? (AMZN)

Online retail giant Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after today’s close.  Despite the fact that Amazon.com is now a fully profitable industry leader is probably not going to be enough…

Douglas A. McIntyre · 18 years ago

Why Would Wal-Mart (WMT) Push China Suppliers To “Go Green”?

The Wall Street Journal reports that Wal-Mart (WMT) is "hitting its Chinese suppliers with a slate of stringent environmental and safety mandates, just as the manufacturers face rising costs and dwindling demand for their…

Douglas A. McIntyre · 18 years ago

And We Thought Spam Was Recession-Proof (HRL)

There was an interesting warning on 2008 earnings this morning, although it seems almost counter-intuitive.  Hormel Foods Corp. (NYSE: HRL) is almost back at 52-week lows this morning.  The company is citing weak financial…

Douglas A. McIntyre · 18 years ago

Circuit City (CC): A Chapter 11 Or Just Massive Cuts?

The Wall Street Journal reports that Circuit City (CC) is finally addressing just how desperate its situation is. The company is reportedly considering a plan to close 150 stores and slash jobs in an…

Douglas A. McIntyre · 18 years ago

All Clear in InBev-Bud Merger Financing? (BUD)

Anheuser-Busch Companies Inc. (NYSE: BUD) has been seeing its stock whip around as though the company was not a being bought out.  Its stock hit $64.00 early last Thursday, and by Friday it spent…

Douglas A. McIntyre · 18 years ago

Domino’s Serves Partially Hydrogenated Earnings (DPZ)

Domino’s Pizza Inc. (NYSE: DPZ) is looking more and more troubled.  The company has given a poor earnings report and it is facing much more important top-line issues.  This is showing up in franchise-owned…

Douglas A. McIntyre · 18 years ago

Starbucks (SBUX) Goes Into Litigation After Store Closings

The turnaround at Starbucks (SBUX) has been tough since Howard Schultz returned as CEO in January. The stock is down nearly 50% year-to-date as the company returns it focus to coffee, rearranges it scheduling…

Douglas A. McIntyre · 18 years ago

Carlos Slim Adds to Saks Stake (SKS)

Saks Inc. (NYSE: SKS) may have gotten a better endorsement than if Warren Buffett or Bill Gates bought into the retailer.  Mexican billionaire and the second richest man in the world Carlos Sliim has…

Douglas A. McIntyre · 18 years ago

Gap (GPS) Gets Killed, Same-store Down 11%

In what will probably be viewed as bad news by most people, Gap’s (GPS) same-store sales dropped 11% last month. And the chain sells dirt-cheap clothes. Net sales dropped 6% to $1.34 billion. So…

Douglas A. McIntyre · 18 years ago

Wal-Mart (WMT) September Sales A Bit Light, Who Cares?

Wall St. expected Wal-Mart (WMT) same-store sales to be up 2.5% in September. They only rose 2.4%. It was a brilliant showing. Almost all data from retail associations said sales across the industry were…

Douglas A. McIntyre · 18 years ago

Consumer Walked Out On Economy In September (MA)

Economists thought the consumer was heading toward the exits. Actually, based on new data, he left the building. According to Reuters, the Mastercard Advisors service reported that "Overall September apparel sales fell 5.5 percent…

Douglas A. McIntyre · 18 years ago

Crocs Shrinkage (CROX)

Crocs, Inc. (CROX) is showing yet again that its growth days are history.  The fad shoe maker has announced that it sold certain assets of its Foam Creations business unit in Quebec City, Quebec…

Douglas A. McIntyre · 18 years ago

Wal-Mart (WMT): Coal In The Retail Industry’s Stocking

"Everyday low prices" are getting out of hand. Wal-Mart (WMT) already is cutting what it charges for toys and the holiday season has really not begun. According to The Wall Street Journal, the world’s…

Douglas A. McIntyre · 18 years ago