Walmart Raises Sales Outlook, Lowers Earnings Outlook, as Inflation Bites: Shares -10% Afterhours. Target, Amazon Sag by Wolf Richter • Jul 25, 2022 • 118 Comments Food sales are hot, but some other merchandise, “particularly apparel,” requires markdowns to get moving.
Americans Not in the Mood for a Recession: Splurging on Goods, Flocking to Restaurants by Wolf Richter • Jul 15, 2022 • 294 Comments But inflation is eating everyone’s lunch.
Here’s Where the Inventory Shortages Are, and Where Retailers Are Overstocked, by Retailer Category by Wolf Richter • Jun 22, 2022 • 132 Comments It’s still supply-chain chaos for retailers, but different retailers face different kinds of chaos.
Retail Sales Report, May: In Foulest Mood Ever, Consumers Still Spent Hugely at Retailers, Fighting Inflation where they Can by Wolf Richter • Jun 15, 2022 • 130 Comments Spent $20 billion more at gas stations, from a year ago, due to spiking prices; came out of hide of other retailers. Inflation eats everyone’s lunch.
Bad Breath of Inflation Sinks Target, Walmart, Other Retailers on Surging Costs of Products, Labor, and Transportation by Wolf Richter • May 18, 2022 • 124 Comments Not a revenue-shocker (they were up even from stimulus-miracle a year ago), but a cost-shocker. Unable to pass on all the cost increases, their margins got squeezed.
Americans Are in a Sour Mood, But it Didn’t Dampen their Spending: Splurging at Retailers, Especially Some Retailers by Wolf Richter • May 17, 2022 • 191 Comments Retail Therapy at Bars & Restaurants, Cannabis Stores, and Ecommerce? Other retailers not so lucky.
Massacre of the Online Retail Stocks Amazon, eBay, Wayfair, Etsy, Shopify, Chewy, The Honest Co., as Folks Shift Spending from Goods Back to Services by Wolf Richter • May 5, 2022 • 243 Comments On crappy earnings and lowered guidance, many of these highflyer stocks kathoomphed -70% to -85% from highs last year.
Retail Sales v. Raging Inflation, Stimulus Miracle March, and the Red-Hot Shift to Services by Wolf Richter • Apr 14, 2022 • 212 Comments It’s rough out there in multiple ways.
After Having Blown $31 Billion on Share Buybacks to Prop Up its Shares, Starbucks Ends Them, to Invest in “Our People and Our Stores.” The New Old CEO Gets It. Shares Tank by Wolf Richter • Apr 4, 2022 • 106 Comments Great news, but not for the stock. Share buybacks gutted Starbucks. The SEC should again rule them illegal market manipulation, as it had until 1982.
Americans Make Huge Efforts to Keep up with Raging Prices by Wolf Richter • Mar 16, 2022 • 138 Comments Retail sales amid record worst inflation in durable goods and red-hot inflation in nondurable goods.
