It presents a challenge to Wal-Mart, especially in key battleground states like California,
Consumers increasingly have a conscience and are increasingly shifting to competitors.
Consumers are wearing this year what they wore last year. We're already seeing a slowdown in apparel and accessories and that's a pretty bad barometer going into the winter season.
It was a really disappointing year for department stores, particularly those in New York.
He's a brilliant person, but did not have extensive executive experience
For the first time in nearly five years, there is a real softness in the upper-tier department store sector.
Americans are work-stressed, time-stressed, and they're eating out more. Sugar and fat is tasty and it gives immediate gratification.
The biggest implication of Wal-Mart bringing payment processing in-house is the potential for it to save an unprecedented amount of money in yearly fees.
The company is in so much of a free fall. It looks like it's going to get worse before it gets better.
The good news is that a lot of shoppers are postponing purchases and going out the last week of the year. So there will be a real sales surge next week, which will help retailers.
