Word: lasting
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...better days. Yes, profits rose 22%, to $4.63 billion, in the fourth quarter of '09. Even coming out of the Great Recession, many consumers are trading down to shop at the discount superstore. However, for the third straight quarter the store saw negative same-store sales growth; during the last three months of 2009, same-store sales dropped 2%. Overall traffic in Walmart stores was down too. To Walmart executives and investors, this disturbing trend has to be reversed; despite the earnings growth, Walmart's stock fell 1.1% on the day earnings were announced. "We want to see top-line...
...share). The company's plan also indicates that a significant swath of American consumers are still hunting for value in the economic rebound, and many of those who "traded down" during the worst of the recession are "staying down." Walmart wants to keep them there. "Over the last few years, we haven't really seen a Walmart initiative that screams 'Price! Price! Price!' says Weinswig. "We're seeing that here." Although the worst of the recession is long over, the American consumer can still use such good news...
...Connor] scored more points in the tournament than he has in the last three months,” Weiss said. “He was dominating throughout the whole tournament. He’s never wrestled better—it was amazing...
...last year’s national championship, [O’Connor] lost to Pami with like 12 seconds left,” Weiss said. “I knew that would be a motivating factor...
...despite all the problems, Putin insists that everything in Sochi is fine. "So far, both the timeline and the financing [are] going according to plan," he told RIA Novosti last month. For him, the stakes are enormous, as he made it his personal mission two years ago to win the Olympics for Russia. He even delivered a speech to the International Olympic Committee in English - a first for a Kremlin leader before a Western audience - and promised members that the Sochi Games would be "safe, enjoyable and memorable." He even guaranteed that there would be snow. With the Olympics...