retail

Why CarMax Earnings Look So Good to Investors

CarMax Inc. (NYSE: KMX) reported fourth-quarter and full-year 2019 results before markets opened Friday. The used-car retailer reported quarterly diluted earnings per share (EPS) of $1.13 on revenues of $4.32 ...
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The Place That Sold the Most Cars in 2018 Is Not Even a Dealership

The largest retail automobile dealership group in the United States based on the number of new vehicles sold is AutoNation. Last year the company sold more than 538,000 new and ...
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How Many McDonald’s Workers Will Be Pushed Out by Technology?

McDonald's Corp. (NYSE: MCD) just bought a tech company that can change store menus based on the weather, what customers might add to menu items they already have selected and ...
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Auto Dealer Confidence Inches Higher in Q1

U.S. auto dealers are now slightly more optimistic about demand for new cars than they were in the fourth quarter of 2018, but the outlook for 2019 sales remains negative ...
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These Are the 3 Pieces Amazon Could Be Broken Into

Presidential candidate Senator Elizabeth Warren wants Amazon.com, Google and Facebook to be broken into pieces and intends to do so if she wins the election. Robert Reich, a former Secretary of ...
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Will 80,000 Seasonal Workers Improve Home Depot’s Customer Service?

Cold, snowy weather is not a harbinger of spring. Seasonal hiring at home improvement stores is, however. Home Depot Inc. (NYSE: HD) announced plans Tuesday morning to hire up to ...
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Sears, Walmart Post Lowest Customer Satisfaction Ratings Again in 2018

The 2018-2019 American Customer Satisfaction Index (ACSI) for retail stores and websites shows that customer satisfaction continues to slide from a record high of 78.4 in 2016, through 78.1 in ...
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Evaluating Our Amazon + Target Prediction

By Gene Munster and Andrew Murphy of Loup Ventures We were wrong in predicting Amazon would acquire Target in 2018. It was the boldest of our 8 predictions for the ...
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Amazon and Walmart Are Taking Aim at Each Other

By Andrew Murphy of Loup Ventures On June 16, 2017, at 9:01 am ET, Amazon announced its agreement to acquire Whole Foods Market for $13.7B. Four minutes later, Walmart announced ...
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Holiday Shopping Season Spending Forecast: $1 Trillion

The U.S. economy is putting up some impressive numbers: a headline unemployment rate of 3.7%, the lowest in half a century; strong job creation; rising wages; falling gasoline prices; and ...
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Walmart Ups Its Investment in Streaming Video Content

Following on Monday's announcement of a streaming video deal with MGM Studios, Walmart Inc. (NYSE: WMT) on Thursday said it has entered a joint venture with Eko, a developer of ...
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Walmart, MGM Studios Strike Video Production Deal

There's one big advantage for streaming video companies that produce their own content: they own all the rights to the content. But there's also one big disadvantage: producing shows is ...
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Shopping Mall Rents Falling Ahead of Holiday Shopping Season

The vacancy rate in U.S. shopping malls rose to 9.1% in the third quarter, up half a point from the 8.6% vacancy rate in the second quarter. That's the highest ...
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JC Penney Heads Toward Penny Stock Land

J.C. Penney Co. Inc. (NYSE: JCP) is among the old-world retailers not expected to survive. It took another step it cannot afford backward as the company announced the departure of ...
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Did Amazon Just Target All Dollar-Store Shoppers?

The endless wave of changes in retail just never seems to end. In the 1990s it was Walmart Inc. (NYSE: WMT) that killed thousands of retailers. Now it is ...
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