Word: profitably
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...recent history of retail suggests that size alone may not work. The most successful retailers have found their footing by focusing on one slice of the market. Luxury purveyors like Neiman Marcus, Nordstrom and Bloomingdale's (the only other brand that will stay in Federated's portfolio) have boosted profit margins by catering to the affluent. Discounters like Wal-Mart and Target have captured the bargain hunters. The stores that tried to appeal to a broad middle-income audience, as Macy's hopes to, have struggled. Former No. 1 retailer Sears merged with former No. 1 discounter Kmart...
...sales. Deborah Weinswig, a financial analyst with Citigroup, says shoppers are likely to find more of that kind of merchandise in the months to come. The strategy has worked well for J.C. Penney. That chain, pegged to a slightly lower income demographic than Macy's, goosed its third-quarter profit 17% with lines that are only available at Penney, like Nicole Miller dressy-casual women's wear...
...Numbers $36.1 billion Profit reported by Exxon Mobil for 2005, the largest ever for an American company $22.9 billion Profit reported by Royal Dutch Shell for 2005, the largest ever for a U.K.-listed company...
...billion ExxonMobil's profit in 2005, a 43% increase from 2004 and the largest annual net income in U.S. history...
...Chinese have credit cards, but when they do, Google's shareholders are going to be peeved if it doesn't host a chunk of the ads that will woo them. And the owners showed their ire last week, not over censorship, but over the crass fact that Google's profit increased a mere 82% in its last quarter. That's not enough for a $433 stock, which became a $381 stock in the days after the announcement. Google may foster a perception that it is beyond the muck of the marketplace, but Wall Street is rapidly getting wise...