In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Those numbers indicate that Visa’s revenue growth; and perhaps its business model, is not sustainable. Particularly disturbing is the sudden; and inexplicable income, drop which threatens the whole value investment argument for Visa. This company might not be the cash cow that some of us have assumed.
Read More
It looks as if Walmart might become the new leader in the payment solutions industry. One has to wonder how the Apple Zombies will react to that. Will it actually get them to start shopping at Walmart or not?
Read More
Much of Walmart’s success has been based upon its ability to deliver name brands at much lower price than competitors. This is threatened because Americans are no longer buying name brands. Three of the fastest growing retailers; Aldi, Costco and Trader Joe’s, base their business model on a limited selection of low-cost but high-quality private label products.
Read More
Current trends in the retail industry and the economy indicate that we will see a massive wave of store closings in 2016. The most noticeable of these closures will be in the ailing department store, office supply and clothes sectors, but we’ll also see a lot of storefronts shuttered in consolidating sectors like drugs and groceries.
Read More