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“Wal-Mart Anxious to Combat Amazon’s Lead in Web Vendors” by Renee Dudley at Bloomberg. “Wal-Mart Stores Inc. is “anxious” to take on Amazon.com Inc.’s Marketplace, where independent merchants sell millions of products. According to minutes from a Feb. 1 officers meeting led by U.S. Chief Executive Officer Bill Simon, Wal-Mart considers Marketplace Amazon’s “number […]
“2013 World’s Most Admired Companies” at Fortune. “Asked to name the best of the best, 3,800 executives, directors, and analysts chose these businesses. Highlights: #1 – Apple #3 – Amazon #19 – Whole Foods #22 – Target #23 – Costco #27 – Walmart #45 – Home Depot See the full list: https://money.cnn.com/magazines/fortune/most-admired/2013/list/?iid=wma_lp_toprr “Wal-Mart […]
“Walmart ranks dead last in customer satisfaction in Discount stores and Supermarkets according to ACSI’s National Customer Satisfaction Benchmark” See the rankings at: https://www.theacsi.org/acsi-results/acsi-benchmarks-february “Target Earnings Top Forecasts, Despite Holiday Weakness” at CNBC. “After the earnings announcement, the company’s shares initially rose in pre-market trading, but shares have since given up their […]
“Strong sales help Home Depot outshine Lowe’s” at Reuters. “For the 15th straight quarter, Home Depot also bested its rival, Lowe’s Cos Inc, in sales performance at established stores, pointing to an ongoing dominance that analysts say Lowe’s is far from overcoming. “They are getting the assortment right,” said Robin Diedrich, analyst at […]
“Home Depot’s 4th-Quarter Net Jumps 32% on Extra Week’s Results” by Dow Jones Business News via Nasdaq.com. “Home Depot Inc.’s fiscal fourth-quarter earnings jumped 32% as the home-improvement-products retailer was helped by a comparison with a year-ago quarter that included one fewer week, pushing results above Street estimates…”We ended the year with a strong […]
“Why Brands Are Already Looking at Google Glass, and Why Apple Should Be Worried — Experts say product could kill smartphones, alter marketing landscape for years to come” by Christopher Heine & Sam Thielman at AdWeek (Text & “How if Feels” Video). “Will Google Glass kill the smartphone? Reinvent gaming? Steal the second screen […]
“The ‘Silent Killer’ In Wal-Mart’s Business” by Ashley Lutz at Business Insider. “There’s a “silent killer” that became evident in Wal-Mart’s earnings announcement today. “The results announced today are flat-out bad, and its time for shareholders to take management to task for this,” said Brian Sozzi, chief equities analyst at NBG Research. The biggest […]
“Wal-Mart Tops Estimates, but Guidance Is Weak” at CNBC. “Wal-Mart Stores reported quarterly earnings Thursday that topped analysts’ expectations, but its guidance for the first quarter was short of consensus estimates. After the earnings announcement, the company’s shares rose slightly in pre-market trading. The company posted fourth-quarter earnings excluding items of 1.67 per share, […]