Tuesday, December 02nd, 2008

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Posts Tagged ‘ Wal Mart Stores ’

U.S. Consumers Destined for a Future with Fewer Choices, Much-Higher Costs

Apr 23rd, 2008 | By Peter D. Schiff | Category: Stock Market Investing

As the dollar continues its historic decline, imported goods will become too costly for many Americans.  In addition, more of those products still made domestically will be exported to wealthier foreign consumers whose appreciated currencies increase their purchasing power.



Worst March in 13 Years for Retailers

Apr 11th, 2008 | By Contrarian Profits | Category: Featured, Financial News, Stock Market Investing

American shoppers handed most retailers their most dismal March in 13 years, according to a report on the AP news wire.

As retailers reported sales results on Thursday, Wal-Mart Stores Inc. and Costco Wholesale Corp. were among the few winners, as shoppers stuck to basics. Wal-Mart raised its earnings outlook, noting that better inventory control helped to limit markdowns on merchandise. It also said that April sales should top prior expectations.