Archive for the ‘retail’ Category
Thursday, January 22nd, 2009
Suggesting that retailers “are closer to working men and women… than any other industry,” Wal-Mart CEO H. Lee Scott addressed the public once more in his farewell address after ten years at the helm of the retail megastore.
Scott offered a candid take on the country’s current economy and where it’s ...
Posted in budgeting, debt, economy, finances, money, retail | No Comments »
Friday, January 16th, 2009
That optimistic stock report we brought you a couple weeks ago is now officially old news. The Dow Jones industrial average dropped for the sixth day in a row yesterday, with its 250 point loss pitting the Dow at its lowest point since December 1.
The same can be said about ...
Posted in economy, money, retail | No Comments »
Monday, December 29th, 2008
Described by industry analysts as one of the worst holiday season sales periods on record, December’s retail sales figures plummeted 4% from last year’s numbers. Retailers are finally coming to grips with the fact that the American public has gone into a full-on savings mode that wasn’t the norm in ...
Posted in finances, money, retail | 3 Comments »