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Buffalo Wild Wings just reported a wildly disappointing first quarter with same-store sales down 1.7%. That despite the fact that the end of the football season and March Madness both occurred in the quarter. Now the company is hoping that a different type of sport can help bolster sales — soccer. “Soccer is a growing […]
When Apple debuted the iPhone series on June 29, 2007, nobody knew the company had invented a smartphone that would sell one billion units. But that’s exactly what the company is about to accomplish. At the end of 2015 Apple had sold through 896 million iPhone devices. Wall Street analysts’ believe after the company reports […]
Clifford Hudson, CEO of Sonic, believes a minimum wage hike will likely lead to higher menu prices for customers. States from California to New York have already raised wages or are currently working towards that goal. In some states, wages by 2020 will reach $15 per hour for minimum wage employees. “I am not suggesting that […]
Google Fiber is the nation’s premiere internet service provider and it’s about to go old school. The company is planning to launch a landline service for customers, allowing them to maintain a home phone along with their Google Fiber service. For $10 a month (phone not included), Fiber Phone will do all the things landline […]
MasterCard wants customers to take a selfie in order to validate their online purchases. The new platform, launching for mobile devices, allows customers to authenticate their purchases using their fingerprint or by taking a new selfie. MasterCard is rolling out the technology to the US, Canada, the UK, and some European countries over the next […]
Lumber Liquidators Holdings Inc’s shares are crashing on Monday after the Centers for Disease Control and Prevention (CDC) reported on Feb. 18 that people exposed to some types of the company’s laminate flooring were three times more likely to get cancer than previously estimated. The CDC estimates that 6-30 cases per 100,000 people, compared with the 2-9 cases […]
Leaked documents from Amazon show that the company is about to make a big play at surpassing Fedex and UPS as America’s largest shipping company. Analysts have known for a while that Amazon has big plans for its global shipping and logistics business but leaked documents discovered by Bloomberg’s Spencer Soper, show plans on a more […]
Just like people, most corporations tend to swing one way or another on the political scale. This is due to several factors, from the CEO’s political affiliation to that of its stock holders. It also depends on the people who heavily endorse the product. The business world has its own politics game to play and […]
Wal-Mart’s website malfunctioned during the Thanksgiving shopping rush on Thursday morning, just as shoppers flocked to the site. It was the first time Wal-Mart decided to offer its Black Friday ‘doorbusters’ through its website and the company offered those items hours before they were available in U.S. stores. The discounts, which were offered in stores […]
Walmart is the largest retailer in the United States with 4,300 locations, and the largest in the world with 11,000 stores globally. In 2014, the giant corporation brought in $473 billion in sales. With nearly $500 billion in annual sales, the customer base on Walmart is closely monitored to determine who shops at the brick […]
In case vamping up the wardrobe is one of your your new year’s resolutions, I thought you may like to know about a little friend of mine called Recession Chic. (As opposed to the drearier Depression Chic). In short, less is more. The pitiful economy has fashion in a downward spin of less money, less […]
