Word: wals
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...Mammoth discounter Wal-Mart looks to be the big winner so far in a dismal Christmas season for retailers, happily reporting Wednesday that its holiday sales for the period between Thanksgiving and Christmas Eve came in above company expectations of a 4-6 percent year-over-year increase. Rival Kmart, meanwhile, said its sales from Nov. 22 to Dec. 23 came in at the low end of expectations, but picked up considerably in the last few shopping days before Christmas, with winter apparel - thanks to some cold days - finally getting off the ground. And the ultimate in lazy...
Traditional toys and games account for two-thirds of the $24 billion toy market. And retailers Wal-Mart and Target report that toys are one of the few categories showing sales growth this season. That's welcome news for toy giants Mattel and Hasbro, and even more encouraging for retro-toy niche players like K'Nex, which projects revenue growth of 30% this year...
PHONE CARDS Through the efforts of AT&T, Wal-Mart and the U.S.O., shoppers can donate phone cards to the troops, either at Wal-Mart stores or at walmart.com...
...week, to absolutely no one's surprise: the U.S. is in a recession. Tough times for retailers, right? It depends on what you're selling. In a tightened economy, everyone is looking for a bargain, which is bad for high-end stores but good for discounters like Target and Wal-Mart, both of which have seen sales spurts. It's also a boost for products that people turn to when times are tough...
...their hometown of New Haven, Conn., Ricks and Gillespie attract some "good-natured" comments. But they recall with a chill a road trip through Mississippi where they met with "scathing" stares when they held hands in a Wal-Mart. And while they and couples like them work on narrowing the divisions between groups in America, one couple at a time, their parents fret about their challenges. While Ricks' mother Loeida, a school librarian in LaPlace, La., gamely asserts, "My parents didn't choose for me, and I don't choose for my children," Ricks' father Thomas, a career military...