Retail is Dying. But You Already Knew That.

From the LA Times, and titled “In the Age of Internet Shopping, Even Big Retailers Are Closing Stores At American Malls”,  this article really won’t surprise anyone.  As someone who does more than 50% of his non-food shopping online, mostly through Amazon, the trend is definitely not going away soon for me and certainly not Read More…

The Wealthy Don’t Need Free Desserts

Working in retail, I encounter people who lie to get freebies all the time.  “I left my coupon at home.”  “The item wasn’t put in my bag.”  “I didn’t know the sale ended, can’t you make an exception for me?” and so on.  I tell myself that they are short on money, perhaps barely getting Read More…

CVS: Poor Results, But They Exceeded Expectations

  Interesting news from CVS, as they reported a 16.9% decrease in net income but stated that their results “Exceeded their expectations.”  They continue to show drops in same-store sales (almost 5% year over year!!) and decreased revenue from their store business but most of it is being offset by an increase in their pharmacy Read More…