Picture of the Day: More Bad, Bad Grammar
Tuesday, June 8th, 2010 Posted in Uncategorized | No Comments »Another example above of bad, bad grammar that you see everywhere. For an explanation of why this is wrong, go here. I think most Wal-Mart stores actually have correct grammar for their express lane signs ("Everyday Correct Grammar"), unlike Target, ...
Globalization: Trade Works Both Ways
Tuesday, June 8th, 2010 Posted in Uncategorized | No Comments »First it was Starbucks entering the Indian market, then Wal-Mart, then Foot Locker and now Procter and Gamble is set to enter the Indian skin care market with a range of products, read more here. (HT: Sanil Kori)
Wal-Mart and Waltons Gave Almost $600M in 2007
Tuesday, June 8th, 2010 Posted in Uncategorized | No Comments »Top 10 Organizations for Annual Giving, 2007 (Source: Annual Reports) BENTONVILLE, Ark., Feb. 25, 2008 – Wal-Mart announced that the company and its Foundation gave $296 million in 2007 – $5.6 million per week – benefiting more than 4,000 U.S. ...
Target Clinics Open in Minnesota and Maryland
Monday, June 7th, 2010 Posted in Uncategorized | No Comments »I have posted previously on low-cost, consumer-friendly, market-driven, walk-in retail health care clinics in retail stores like Walgreens, CVS and Wal-Mart, see here, here, here and here. Now Target has joined the market for retail clinics by opening Target Clinics ...
Wal-Mart Enters India in Early 2008
Monday, June 7th, 2010 Posted in Uncategorized | No Comments »NEW DELHI - "The Bharti-Wal-Mart retail partnership is looking at opening its first clutch of retail stores - around half a dozen - sometime early next year. Bharti Enterprises group chairman and CEO Sunil Mittal today said: “We will start rolling ...
Wal-Mart’s Strong International Sales Boost Profits
Monday, June 7th, 2010 Posted in Uncategorized | No Comments »WSJ--Wal-Mart Stores Inc. reported today a 6.9% rise in profit for its fiscal first quarter, helped by strong international sales and a tighter grip on inventories and markdowns. International sales jumped 22%, pushing operating income up 16%. Wal-Mart's expansions into international ...
Quote of the Day: Lessons from the Bridge
Sunday, June 6th, 2010 Posted in Uncategorized | No Comments »We should all learn this lesson from the bridge collapse: nearly every newsworthy tragedy we see would be less common if those who could have prevented it were subject to the harsh and impartial oversight of the free market. At ...
Loonie-$ Parity: Good News, Bad News; U.S. Now a Giant Wal-Mart, Everyday Low Prices for Canadians
Saturday, June 5th, 2010 Posted in Uncategorized | No Comments »WALL STREET JOURNAL---With the Canadian dollar surging against the U.S. greenback, Robert Katzman is dealing with situations they don't teach in Economics 101. The owner of five strip clubs in Detroit and Windsor, Ontario, says American dancers are heading to Canada ...
U.S. Companies With Global Sales Perform Better
Saturday, June 5th, 2010 Posted in Uncategorized | No Comments »From today's Financial Times (paid subscription required): When Isaac Merritt Singer set up a branch of his sewing machine maker in Paris in 1855, he probably did not think he was blazing a trail U.S. companies would still be following ...
Interesting Wal-Mart Fact of the Day
Monday, May 31st, 2010 Posted in Uncategorized | No Comments »Based on August retail sales reported in the WSJ, Wal-Mart ($28.2 billion) is twice as big as the next 13 retailers on the list combined (Target, Costco, J.C. Penny, TJX, Gap, Abercrombie and Fitch, American Eagle, Saks, Aeropostale, Ann Taylor, ...