If Holiday Retail Stats Don’t Have Economists Saying “humbug,” Tuesday’s Gdp Report Certainly Will
Business
By William Patalon III Executive Editor Money Morning/The Money Map Report If it's good enough for Wal-Mart' Looks like the discounting model pioneered by Wal-Mart Stores Inc. (WMT), the Bentonville, Ark.-based retailing giant, will make its way to some rather unlikely high-end retailers: Barney's New York Inc. and Neiman Marcus Inc. have announced significant price reductions (up to 75%) over the next few days to avoid a disastrous holiday shopping season. For optimists, the message here is ...
Read the rest of this entry »
Read the rest of this entry »
July 25th, 2010



Home