tagged w/ Retailers
The discussion of the comics medium continues.
Feb. 1 (Bloomberg) — The Obama administration wants to increase taxes on Americans earning more than $200,000 by almost $970 billion over the next decade and take in an additional $400 billion from businesses even as it retooled a proposed crackdown on international tax-avoidance techniques.
For the Full Story of the Attack on Capitalism and Death Of Business from OVER TAXING... Must READ>>>http://ctpatriot1970.wordpress.com/2010/02/01/more-broken-promises-obama-budget-has-1-9-trillion-tax-rise-jfk-video/
The budget released today would reinstate 10-year-old income tax rates of 36 percent and 39.6 percent for single Americans earning more than $200,000 and joint filers who make more than $250,000 as part of a broad $1.9 trillion tax increase proposal. It proposes to eliminate preferences for oil and gas companies, life-insurance products, executives of investment partnerships and U.S.-based companies that operate overseas.Feb. 1 (Bloomberg) — The Obama administration wants to increase taxes on... more
Despite the fact the fashion press AND designer Emanuel Ungaro called Ms Lohan's efforts as a creative consultant for the Ungaro line "a complete disaster", the label has decided to keep Lindsay on board for financial reasons. Lucky for the troubled Starlet, the line performed well in stores. High end retailers including Harvey Nichols, Harrods, Bloomingdales in NYC, and a long list of Japanese establishments had all expressed interest in seeing more Lohan inspired creations. Fingers crossed that the actress dazzles the press as well as retailers next Paris Fashion Week.Despite the fact the fashion press AND designer Emanuel Ungaro called Ms Lohan's... more
We recently found that retail salespeople at big box stores like Best Buy and Wal-Mart can be pretty ignorant about netbooks, telling our secret shoppers some misleading information or outright falsehoods. Knowing that Toys R Us also sells netbooks we thought it would be fun to see if their sales people were just as clueless.
Turns out the answer is no. When we visited the Toys R Us flagship in Times Square the two salesmen in the electronics section were helpful, courteous, and very knowledgeable about computers in general and the netbooks on display. Now why is it that Wal-Mart can't hire the same caliber of salesperson?
http://blog.laptopmag.com/toys-r-us-employees-know-more-about-netbooks-than-retail-salespeopleWe recently found that retail salespeople at big box stores like Best Buy and Wal-Mart... more
Immigration activists are calling on retailers to stop selling a controversial “Illegal Alien” Halloween costume featured on the websites of Walgreens, Toys R Us, Target, Meijer, Amazon, and other retailers. It includes an orange prison jumpsuit with the words “Illegal Alien,” a fake “Green Card,” and an alien mask.
After receiving complaints about the costume, the Coalition for Humane Immigrant Rights of Los Angeles wrote a letter to retailers asking them to stop selling the item. Executive director Angelica Salas called it “distasteful, mean-spirited, and ignorant of social stigmas and current debate on immigration reform.” Target has complied and apologized, saying, “This was never intended to be part of our assortment. We are moving as quickly as possible to remove it from our Web site.” The costume is also no longer on the Toys R Us website.
This morning, however, the hosts of Fox and Friends couldn’t get enough of the costume. Steve Doocy exclaimed, “It’s a joke! Where’s your sense of humor America?” Brian Kilmeade called it “fantastic,” adding, “If you’re here illegally, go to your local police station and tell them how outraged you arebecause you’re an illegal alien and this costume offends you!”Immigration activists are calling on retailers to stop selling a controversial... more
Here's OK Magazine's take on the news that Debenhams are now selling underpants designed for left-handed blokes.
The British department store is claiming this to be a world first - and that it's their way of offering a helping hand to 10% of the male population.Here's OK Magazine's take on the news that Debenhams are now selling... more
Wal-Mart has said it will add Thin Mints and Tagalongs to their "Great Value" lable of copy-cat products. Although they have been some-whatt successful with taking on some major companies and products with this label, now they are really picking on the "little guy"..or...""little girl" Although they may not see the return on their investment that they hope for, is nothing sacred anymore?Wal-Mart has said it will add Thin Mints and Tagalongs to their "Great... more
Wow! They've now managed to shrink the Capitalist year to 3 major events:
Christmas ChristMAS CHRISTMASSSSS!!!!!
Before Xmas, December days leading up to Xmas and after Xmas sales!!!
Wow! Things must be really really bad in the North Pole (Uhhh, I mean Sears Headquarters!).
Do they honestly think people will begin spending $$$ they don't have in July for gifts instead of buying clothing for their kids, school supplies, food for the table and health/medical bills???Wow! They've now managed to shrink the Capitalist year to 3 major events:... more
Retailer Marks & Spencer backed down over charging more for their bras for bigger busted women. M&S's original decision to charge more for larger bras led to a Facebook campaign - Busts for Justice - with more than 8,000 members outrage at M&S's decision & also Asda launched a "one size fits all" £4 bra in a bid to gain extra sales.
Ads from M&S went out to say that they had "boobed". They've also discounted bras to help soften the blow. Wonder if this will be enough to get them back in favour - or perhaps it would have been better if they'd never charged more in the first place?Retailer Marks & Spencer backed down over charging more for their bras for bigger... more
Budding style stars Malia and Sasha Obama are proving to be fashion loyalists.
What is this going to do to unemployment? I don't think the majority of American's understand just how bad this economic collapse is going to be...
What's next? The bailout of the retail industry?
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Dec. 29 (Bloomberg) -- U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month as holiday sales are shaping up to be the worst in 40 years.
Retailers may close 73,000 stores in the first half of 2009, according to the International Council of Shopping Centers. Talbots Inc. and Sears Holdings Corp. are among chains shuttering underperforming locations.
More than a dozen retailers, including Circuit City Stores Inc., Linens ‘n Things Inc., Sharper Image Corp. and Steve & Barry’s LLC, have sought bankruptcy protection this year as the credit squeeze and recession drained sales. Investors will start seeing a wide variety of chains seeking bankruptcy protection in February when they file financial reports, said Burt Flickinger.
“You’ll see department stores, specialty stores, discount stores, grocery stores, drugstores, major chains either multi- regionally or nationally go out,” Flickinger, managing director of Strategic Resource Group, a retail-industry consulting firm in New York, said today in a Bloomberg Radio interview. “There are a number that are real causes for concern.”What is this going to do to unemployment? I don't think the majority of... more
At about five o'clock Thursday afternoon, there were four people waiting in line at a Best Buy on Chicago's North Side. At 10 o'clock, that number was up to 45.
The doors don't open until 5 a.m. Friday.At about five o'clock Thursday afternoon, there were four people waiting in line... more
NEW YORK - Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit as the world’s largest retailer’s renewed focus on low prices is attracting financially squeezed shoppers around the world.
The company, however, trimmed its profit outlook amid a weak economy and unfavorable exchange rates.
The Bentonville, Ark.-based retailer said Thursday that profits rose to $3.14 billion, or 80 cents per share, in the quarter ended Oct. 31. That compares with $2.86 billion, or 70 cents per share, a year earlier.NEW YORK - Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit... more
Electronics retailer Circuit City has announced that it will be shutting down 155 of its retail stores, along with reducing new store openings.
Citing the poor economy, weakened consumer confidence, and a rough retail environment, the company says that its profit margin has been impacted to the point that a reduction is necessary.
In addition, the Circuit City claims that the federal government owes an $80 million tax refund towards the company that has not been paid. The affected stores won't be opening today, and store closing sales will begin tomorrow, November 5. Electronics retailer Circuit City has announced that it will be shutting down 155 of... more
It appears the victim and the shooter (another young boy) were playing outside when a pellet gun was fired with a pellet striking the victim in the head. The boy was rushed to hospital and put on life support although he was not expected to survive. It appears the victim and the shooter (another young boy) were playing outside when a... more
Wal-Mart Stores reported Wednesday that sales in September were at the low-end of of its own forecast as its mostly paycheck-to-paycheck customers continued to pull back on discretionary purchases other than clothing and groceries.
The No. 1 retailer said sales at its stores open at least a year, a key measure of retail performance known as same-store sales, rose 2.4% last month. Wal-Mart (WMT, Fortune 500) had forecast a gain of between 2% and 3%.
Wal-Mart said gains were led by grocery and clothing purchases, and that other discretionary purchases were soft.
For October, the company said it expects same-store sales to increase between 1% to 2%.
Ken Perkins, president of sales tracker Retail Metrics, said he expects other discount chains to report similar trends as more consumers clamp down.
"The financial crisis that's taken place leading to a credit market freeze is clearly hurting an already soft spending environment," Perkins said. "Today's sales numbers will provide a clear-cut warning signal that we're heading for a very difficult holiday sales season," he said.
That's a huge problem for retailers given that the gift-buying months of November and December account for more than half of merchants profits and sales for the year.
"From here on, it will be a fight for survival for most retailers," he said, adding that he doesn't expect a pick-up in retail sales until late 2009.
"Consumer debt levels are high, access to credit has evaporated and the job market is weak," Perkins said. "Consumers will try to stretch every dollar and they aren't going to do that at department stores."
Sales tracker Thomson Reuters expects total September sales for 35 of the nation's largest chains it tracks to have increased 1.5%, in-line with last year's gain for the same period.
So far, 12 of the 35 retailers it tracks have reported their same-store sales. The firm said 64% missed their sales estimates, 24% beat and 9% met forecasts.Wal-Mart Stores reported Wednesday that sales in September were at the low-end of of... more
As advanced as we have come in modern day America, why is it that we have to arduously sift through our cars, homes and trash cans to prove we bought something with a credit/debit card? The retailer that starts waving proof in a tiny sliver of paper will forever be in my good graces. Long live the indestructible electronic retail trail!As advanced as we have come in modern day America, why is it that we have to arduously... more
"Around half the profits from Product Red products goes straight into the bank accounts of executives at enormous corporations, who use it to alleviate chronic luxury car famines.
Lizzie Matumba, 14, of Ivory Coast, said: 'The knowledge that Steve Jobs arrives at Product Red press conferences in a brand new Aston Martin has made the death of my entire village much easier to bear.'"
-thedailymash.co.uk"Around half the profits from Product Red products goes straight into the bank... more
Just ring us up already.
We've rounded up the most common complaints from posters on our message boards eager to let off a little steam before the holiday fray. By far their top complaint? It's the experience at the cash register.
Rude help. Intrusive questions. And how about trying to sell us even more stuff when we're already at the cash register?
We don't want credit cards. We don't want extended warranties or service plans. We don't want extra batteries or plushy insoles. And we really don't want to give you our phone numbers.Just ring us up already. We've rounded up the most common complaints from... more