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…

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…

Whole Foods Is In Trouble

It shouldn’t come as a huge surprise that Whole Foods is struggling these days.  Their first quarter results  show a continuing trend of dropping sales and reduced profitability which has been going on for a while now. Like every other grocery retailer, they face increased competition from online sources (Amazon) and the major markets like Kroger Read More…

Peeps Dethroned? Say It Ain’t So!

It’s the end of an era.  This article from USA Today  has some interesting facts about Easter this year, including the fact that it will be a record year of spending, some 6% over last year.   But more shocking than that is that according to one survey, Peeps are no longer the #1 favorite Easter Read More…