Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Walmart Loses Money outside the United States

Grocery Wars

Has Walmart really turned Around?

The only bright spot here is that Amazon does not appear to be taking business from Walmart. Instead it appears that Amazon’s growth is coming at the expense of more upscale retailers such as Target and department stores like Macy’s (NYSE: M). Macy’s sales are so bad that chain is planning to close around 100 stores this year.

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