Consumerist
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Posts Tagged “
Profits
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fads
For the retail managers lurking here: an analysis of data from a "US specialty retailer" shows that not reducing staff during lean times leads to an increase in profit margins. [The Times South Africa]
wholesale
Costco Is On Fire, Profit Up 31%
Costco has announced that their 2nd quarter profits are up 31%! That's a lot! More »
banking
U.S. Banking Profits Plunge To Lowest Levels In 16 Years
Banks just aren't making the same profits they used to says the Federal Deposit Insurance Commission. More »
losses
Sears Expects To Lose 60% Profit This Quarter. Good.
Sears Holding Company, a conjoining of two defective retail companies, Sears and Kmart, expects to lose 60% this quarter. "Come see the poorer side of Sears." Lack of price competition, Abysmal customer service, warranty repair services contracted out to incompetent skeezebags, oh, and let's not forget two bollixed attempts at getting jiggy with the internets only to violate customer's privacy (exhibit A, exhibit B)... what's there to like? That shiner looks good on you, baby, you deserve it.
Sears Expects 60% Drop in Profit for Quarter [NYT]
(Photo: meghannmarco)
High fuel prices won't help gas station owners retire anytime soon. According to the National Association of Convenience Stores, station owners make less than one penny for every gallon pumped. [YumaSun]
Maybe not you, but someone's been doing a lot of shopping at Best Buy this year, because they just posted higher 3rd quarter earnings than they had predicted, based on "strong sales." Sales were $238 million versus $150 million a year ago. [Reuters]
subprime meltdown
Massachusetts Mortgages To Become Safer, Fairer
Massachusetts Attorney General Martha Coakley last week unveiled aggressive regulations designed to curb the orgy of irresponsible lending that led to the subprime meltdown. The measures, among the strictest in the nation, enjoin lenders from profiteering or ignoring a prospective borrower's financial situation. More »
schadenfreude
What's Wrong With Macy's? Second Quarter Profit Drops 77%
According to the Chicago Sun-Times, Macy's has cut their yearly outlook after their second quarter profits dropped 77%. What's the big problem? More »
monsanto
Monsanto Has Trouble Getting Out Of Bed In The Morning
After losing the first round of Worst Company In America, Monsanto suffered from low self-esteem and decreased motivation. More »
walmart
Walmart Loses Money For First Time in 10 Years
Rising fuel costs for customers and Walmart itself, among other factors, led to Walmart's first quarterly profit loss in a decade. (Thanks to Graham!) More »
complaints
• The public library is ready to search your house for overdue books. [I Had an Idea This Morning]
• Sprint doesn't care about New Orleans being flooded, your credit is still expired. [A Purposeful Pirate]
• "Whenever a customer feels misled, mistreated, ignored, or coerced, then profits from that customer are bad." [The Checkout]
• This guy was way ahead on the milk is especially fantastic bandwagon. [Bunnyspatial]
Blogobitchin!
• DO NOT EAT PRINGLES FAT FREE POTATO CHIPS. THEY WILL GREASE YOUR ASS. [Craigslist]• The public library is ready to search your house for overdue books. [I Had an Idea This Morning]
• Sprint doesn't care about New Orleans being flooded, your credit is still expired. [A Purposeful Pirate]
• "Whenever a customer feels misled, mistreated, ignored, or coerced, then profits from that customer are bad." [The Checkout]
• This guy was way ahead on the milk is especially fantastic bandwagon. [Bunnyspatial]
cingular
