The ecommerce growth is impressive but it is not cheap. The latest earnings report; that from April 30, 2017, indicates Walmart paid for the ecommerce growth with its net income.Read more
Between February 2016 and February 2017, Rite Aid’s revenues increased by $2.11 billion. The revenues rose from $30.74 billion in 2016 to $32.85 billion in 2017. There’s a lot of cash flowing through Rite Aid that might make somebody a lot of money if he can figure out how to capture it.Read more
There is one scary figure in Berkshire’s first quarter results and that’s cash and short-term investments. Why has Uncle Warren stashed $96.46 billion in the bank?
An obvious and frightening reason is that Buffett and crew think the U.S. economy is on shaky economic ground. They think something is about to give in the American economy, and when it does they plan to go shopping.Read more
Tim Cook’s worst nightmare then would be Walmart accepting Alipay but saying no to Apple Pay.
That would be a real coup for Ant because Walmart operates 4,672 stores in the United States; including 3,522 supercenters and 660 Sam’s Clubs. It might also force Apple and Alphabet to add QR code to their mobile wallets.Read more
Walgreens Boots Alliance (NASDAQ: WBA) appears to be the latest retailer to experience the “Amazon Effect.” The drugstore giant just reported its second straight quarter of declining revenues.Read more
Intuit is not a value investment even though it meets some value criteria. Instead, Intuit is an overvalued stock that his headed for a collapse in price in the near future.Read more
Is improvement really a growth industry or is it a bubble? After all The Home Depot had 2,274 stores in February 2016, and Lowes and its subsidiaries were operating 2,365 locations in 2015. That adds up to 4,639 stores which raises the obvious question: how many stores can the market support.Read more
The thing that stands out most about Bed, Bath & Beyond are its’ revenues. They’ve actually been increasing in a very difficult retail environment. BBBY reported revenues of $12.1 billion in February 2016 that grew to $12.22 billion in February 2017. That’s an accomplishment in a market where similar brands like JC Penny (NYSE: JCP) and Target (NYSE: TGT) are struggling with falling revenues.Read more
Buss based his estimate on the number of store closings reported so far in 2017; 2,880, Bloomberg reported. If Buss’s prediction comes true the number of store closings in 2017 will exceed the record number in 2008, the year of the Great Economic Meltdown.Read more
Every store with the name Sears on it might be history in the very near future. One of the legends of American retail is about to die. One has to wonder if anything named Sears can make money in today’s world.Read more