Hints and tips:
...The company announced more raises last year; Wall Street punished it again....
...Mackey on his frustration with Wall Street: Our business model’s not broken. We’re still extremely healthy. We had eight per cent growth in same-store sales for thirty-five years....
...carrying higher costs. 2) How can Wal-Mart afford to have such low prices and still be so profitable?...
...For years, investors and analysts have asked what Wal-Mart de México y Centroamérica, Mexico’s largest retailer, was doing with a chain of budget restaurants....
...Elsewhere, poor manufacturing data out of Europe and renewed concerns over instability in the eurozone added to Wall Street’s woes on Monday....
...Wal-mart suit: The second largest U.S. public pension fund said on Thursday it had sued current and former executives and board members at Wal-Mart Stores Inc, alleging bribery and a cover-up in the company...
...His comments follow the retailer’s R32bn ($4.6bn) offer for Massmart, South Africa’s third-largest retailer, which led several Wall Street analysts to question the likely returns on the investment, that...
...As Fortune magazine put it in a recent piece entitled “Why we don’t hate Wal-Mart anymore“: The evil empire doesn’t look so bad, now that Americans have Wall Street to kick around and a new appreciation...
...As the Wall Street Journal reported: Wal-Mart informed its suppliers in a Nov. 2 letter of its new “Supplier Alliance Program,” in which eligible suppliers can get payment for their orders in 10 to 15 days...
...” … The story of MGM’s rise and fall features a starry cast of Wall Street dealmakers and A-list acting talent. The biggest star of them all was the studio’s co-founder, Louis B....
...With Wal-Mart also pushing suppliers to use Wal-Mart TV, growth “is outpacing the early days of the internet twofold”, he adds....
...Consumer discretionary stocks were watched closely after the sales figures and Wal-Mart’s results....
...Wal-Mart, the largest US retailer, no longer reports same store sales on a monthly basis....
...“Our standard description is [that] it’s a very competitive environment out there,” David Dillon, Kroger’s chief executive, told Wall Street analysts....
...This diversification has made Amazon the most visited online retail site in the US, after Wal-Mart and Target.com....
...Although Wal-Mart no longer contributes monthly sales figures to the index, its shares climbed 1.6 per cent to $51.74 as the retailer was also expected to have been popular with frugal back-to-school shoppers...
...Retail Metrics, which tracks the monthly figures, says the consensus of analyst estimates points to a 6.6 per cent decline in its monthly index, excluding data from drug store chains and from Wal-Mart, which...
...Brian Sozzi, retail analyst at Wall Street Strategies, said he believed Wal-Mart’s move reflected its management’s desire to get investors to focus on its long term outlook, reflecting its shift from being...
...The company, which also operates Ralphs and Food 4 Less stores, has come under pressure to slash its prices in the recession to compete with low-price competitors such as Wal-Mart....
...At Wal-Mart, for instance, more than 40 per cent of the online orders on the retailer’s website are sent for pick-up at a local store, as customers seek to avoid the costs and timing uncertainties of home...
...Retail Metrics, which tracks the monthly figures, said its index of same-store sales fell 4.3 per cent for the month, slightly better than Wall Street investors had expected....
...In corporate news, Wal-Mart, the world’s largest retailer, said it would create more than 22,000 jobs this year in new or expanded US stores. Wal-Mart shares were flat at $50.87....
...In corporate news, Wal-Mart, the world’s largest retailer, said it would create more than 22,000 jobs this year in new or expanded US stores. Its shares were up 2.7 per cent for the week at $51.07....
...Wal-Mart, the largest US retailer, reported that comparable sales at its Supercenters and discount stores increased just 0.6 per cent, below Wall Street’s expectations....
...Wal-Mart, the largest US retailer, continued to benefit from budget-focused shoppers, reporting a stronger-than-expected 5 per cent increase in comparable store sales and gains in customer traffic....
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