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...casual eatery Ruby Tuesday (down 86%, to $1.38). But there have been standouts too. Some are thrift-conscious companies that make for classic recession plays: Dollar Tree (up 61%, to $41.61), 99 Cents Only Stores (up 39%, to $11.05), Family Dollar (up 27%, to $24.51) and Wal-Mart (up 15%, to $54.63). Others, though, are less predictable, including shoe chain Finish Line (up 134%, to $5.66), teen clothier Hot Topic (up 33%, to $7.73), and sandwich shop Panera Bread...
...which has become the hottest thing in the computer world. Tens of millions of people will own one by the end of next year; before the recession hit, some analysts predicted that as many as 45 million folks would buy one. (That figure may hold as Apple moves into Wal-Mart at the end of the month.) Even at the current rate, 1 billion applications for the device could be downloaded by the middle of next year. That alone could generate as much as $1 billion in new revenues from applications; never mind how many more songs, movies...
iPhones at Wal-Mart? Rampant rumors that Wal-Mart is planning to sell a 4-GB version of the iPhone for a mere $99 aren't true, unfortunately. But sources close to the retailer say Wal-Mart will begin carrying the same iPhone available from AT&T, Apple and Best Buy - the cheapest of which costs $199 and has 8 GB of memory - if not by Christmas, then by the end of December...
Let’s put down the fruitcake, step away from the mistletoe, and gain some perspective. If the Wal-Mart fiasco isn’t a wake-up call, I don’t know what is. Finding the perfect gift for a loved one can be satisfying, but I’m pretty sure that Jesus would have thought twice before trampling someone on his way to get a discounted...
...ASDA, Britain's second largest supermarket chain and a subsidiary of Wal-Mart, offal sales were up 20% last month compared to November 2007. Sainsbury's, the country's third largest supermarket chain, is selling 48% more pig livers, 22% more chicken livers and 8% more pig kidneys than it was last year. Overall, sales of offal in the U.K. are expected to reach more than $62 million this year, according to industry analysts Mintel...