The Juice: A Little Something Extra for your morning
« Milk's glass is half-full | Main | Contaminated in China »
Singing the Big Box blues
We got some numbers from Wal-Mart and Home Depot this morning that say a lot about the U.S. economy. Wal-Mart turned in smaller-than-expected profits for the second quarter — and cut its profit forecast for the year. CEO Lee Scott blamed economic pressure on his customer base, saying it's no secret people are running out of money toward the end of each month. And Home Depot reported a 15 percent drop in quarterly profits. Just two words explain that one: housing market.
Posted on August 14, 2007 6:21 AM PT | Permalink
Latest Posts
- Now if the weather's bad, you can blame NBC
- Chrysler seeks revival
- The things kids do to pay for college these days
- Beer and chips? How about both at once?
- They know who you are on YouTube
- This probably isn't what they meant by 'stimulus package'
- More like Hotplay
- On a wing and a prayer
- He's a Schwinner
- Steve & Barry could be bankrupt soon
Archives
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 |
sponsor
Latest Comments
- The economy: Not at your service (1)
- Laura Beth wrote: SO WHAT. To me, it is GREAT that the economy is NOT growing.... [read]
- Hard to see a slowdown from a yacht... (1)
- Chuck wrote: Until our elected "leaders" stop taking bribes from the weal... [read]
- It's OK to mix your beer (1)
- dallas latham wrote: diabolical!!!!! ... [read]
- Greenspan's recession more and more likely (2)
- Alan Reynolds wrote: Saying there is a 50-50 chance of something happening is wim... [read]
- SAG wins best supporting union in WGA strike (1)
- Anonymous wrote: thats dissapointing... [read]
sponsor
