Wal-Mart’s Strategy for Getting Sales on the Upswing

Although the retailing behemoth reported strong profit growth, sales at stores open for a year or more dropped 1.2%. And first-quarter guidance is tepid. But company execs say they have plans to turn sales around. Investors will be watching.

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Wal-Mart’s Strategy for Getting Sales on the Upswing originally appeared on DailyFinance on Thu, 18 Feb 2010 10:50:00.

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Wal-Mart’s Strategy for Getting Sales on the Upswing

Retailers Got No Love on Valentine’s Day

It looks like Valentine’s Day got cold feet. Heavy snows caused retail sales to sink in the week ending Feb. 13, according to the tally by the International Council of Shopping Centers.

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Retailers Got No Love on Valentine’s Day originally appeared on DailyFinance on Wed, 17 Feb 2010 09:30:00.

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Akio Toyoda Bows Out of U.S. Hearings, Admits Corolla Recall Is Possible

Mr. Toyoda won’t be coming to Washington after all, as local execs will testify before Congress. And his company is considering a recall of the popular Corolla for steering problems.

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Akio Toyoda Bows Out of U.S. Hearings, Admits Corolla Recall Is Possible originally appeared on DailyFinance on Wed, 17 Feb 2010 09:20:00.

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Deere Triples Analysts’ First-Quarter Earnings Estimate

The farm- and construction-equipment maker shattered expectations, earning 57 cents per share, vs. estimates of 19 cents, largely through rigorous cost-containment and lower raw material costs. It also raised revenue guidance for 2010.

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Deere Triples Analysts’ First-Quarter Earnings Estimate originally appeared on DailyFinance on Wed, 17 Feb 2010 09:18:00.

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Daily Blogwatch: Why This Market is Dirt Cheap; Ten Highest-Paying College Majors

Some of the best stories for investors from the Internet, including high-yield stock picks, the 10 best-paying college majors, and why this market is dirt cheap.

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Daily Blogwatch: Why This Market is Dirt Cheap; Ten Highest-Paying College Majors originally appeared on DailyFinance on Wed, 17 Feb 2010 08:48:00.

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Daily Blogwatch: Why This Market is Dirt Cheap; Ten Highest-Paying College Majors

Retailers’ Holidays Sales Were Just Good Enough to Get By

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The final numbers are in, and strong online sales, picky late shoppers and targeted discounting helped lift December retail sales above last year’s totals — but it won’t be enough to put 2009 in the plus column. January’s clearance sales won’t be much help either; they will be shorter and more thinly stocked this year.

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Retailers’ Holidays Sales Were Just Good Enough to Get By originally appeared on DailyFinance on Thu, 07 Jan 2010 13:37:00.

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Big Snow Storm of ‘09 Could Hurt Retail Sales

Retailers have been hoping that this holiday season would at least be as good as the disastrous one in 2008. But early numbers from retailer associations, the federal government and private research firms show brick-and-mortar store sales running flat compared to last year. The National Retail Federation is forecasting that sales for the holidays will be down 1%.

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Big Snow Storm of ‘09 Could Hurt Retail Sales originally appeared on DailyFinance on Sat, 19 Dec 2009 09:05:00.

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Low Holiday Inventory Means IOUs Under the Tree

Shoppers looking to buy popular toys, clothes and electronics as gifts this holiday season may end up leaving stores with rain checks instead. It looks like retailers weren’t kidding when they warned earlier this year that they were cutting back on inventory to avoid markdowns. Those sale laptops and cashmere sweaters will run out quickly this year and likely won’t be restocked.

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Low Holiday Inventory Means IOUs Under the Tree originally appeared on DailyFinance on Fri, 18 Dec 2009 09:45:00.

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AutoblogGreen for 12.15.09

It’s worse than we thought: GM commissions Chevy Volt dance to go with song
O.M.G.
Toyota officially launches plug-in Prius program, retail sales in 2011
600 units coming in the next six months.

Honda decides eco-features, not hot people at the beach, should define Insight ads
Don’t call it a relaunch.
Other news: