Silver as an investment

Category Archives: Walmart

Dead Mall Stalking: One Hedge Fund Manager’s Tour Across Middle-America – Part 3

Via AdventuresInCapitalism.com, Part 1 here… Part 2 here… Ever since the first Sears catalog was published in 1888 (the Amazon.com of its day), pundits have called for the death of retail establishments. It’s easy to see why they would think that such a thing was happening—namely stores around them were closing in rapid succession. Of […]

Amazon Slashes Whole Foods Prices As Much As 43%, Channel Checks Reveal

Following up on last week’s story that sent grocer – and Wal-mart – stocks tumbling, when Amazon annonced it would cut Whole Foods prices as soon as Monday, Bloomberg reports that according to channel checks, “Amazon spent its first day as the owner of a brick-and-mortar grocery chain cutting prices at Whole Foods Market” by […]

Retail Rout Returns (But Don’t Blame Amazon)

Authored by Mike Shedlock via MishTalk.com, JCPenney announced a $62 million dollar loss for the quarter. With the announcement, its share price plunged 16% breaking the $4 barrier for the first time. Stocks under $5 are considered “penny” stocks. This was the worst week for Retailers since Dec 2016… Please consider JCPenney Nosedives to All-Time Low on […]

Corporate America Is Suddenly Freaking Out About Amazon

Last night we showed the dramatic impact Amazon has had on the retail sector, where over $6 billion in retail debt has filed for Chapter 11 protection YTD… … a 110% surge compared to the first half of 2016, and pointed out that there was one recurring name mentioned among 2017’s bankrupt retailers listed in […]

Democrats Urge Antitrust Action Against Amazon Over Whole Foods Deal

In the wake of their embarrassing electoral defeat in November, Congressional Democrats are turning against the wealthy tech benefactors who bankroll their campaigns. To wit, a group of 12 Democratic Congressman have signed a letter urging the Department of Justice and the Federal Trade Commission to conduct a more in-depth review of e-commerce giant Amazon.com […]

Wal-Mart Replaces More Than 4,000 Employees With Machines

The Wall Street Journal published a headline today that should strike fear into the heart of every crusaders in the fight for $15: “Robots Are Replacing Workers Where You Shop.” As the story explains, Wal-Mart is replacing some of its non-customer facing workers with robots, like bookkeepers who were responsible for counting and storing the […]

Most Americans Are Unwilling To Pay More For “Made In The USA” Products, Poll Finds

President Donald Trump swept into office in November after promising to protect downtrodden American manufacturers by imposing trade barriers that would make US goods more competitive in the US, and around the world. Yet to the relief of US retailers, Trump has, for now, at least, shelved his threats to impose strict tariffs on Chinese […]

BOJ Plans To Drop Inflation Target At Thursday’s Meeting

The Bank of Japan is finally acknowledging something that Federal Reserve policy makers like San Francisco Fed President John Williams acknowledged months ago, when he published a paper highlighting the growing disconnect between the tightening labor market and consumer prices. As Credit Suisse strategist Burkhard Varnholt explained two months ago, the growing heft of e-commerce […]

It Begins: WalMart Warns Truckers It Will No Longer Work With Them If They Move Goods For Amazon

The cold war between America’s two largest retailers just turned hot. In a note this morning from Deutsche Bank’s freight and logistics analyst Amit Mehrotra, he notes that  the “WMT vs. AMZN battle is heating up” and points to a report by DV Velocity, according to which a well respected transportation industry consultant told attendees […]

Trump Targets Food Stamps With Proposed Fee On Retailers

Trump’s proposal to overhaul the U.S. food stamp program, or the Supplemental Nutrition Assistance Program (SNAP) as it’s currently known, has brought with it a widely overlooked fee that could end up costing food retailers billions.  Per MSN: That provision is a new fee that the White House wants to charge retailers that accept food […]