what is this item about?
they say that its shaping up to be another poor holiday season.they reported 3.2% profit increase for the October quarter in walmart over a year ago to 84 cents a share. they say sales inched up only 1% to $99.4 billion, including a 0.4% dip in same-store sales. in khols had a 6.5% gain in profit of 63 cents a share, compared with 52 last year. and Macy's announced a 3.6% drop in same-store sales from last year. they say 51% of consumers plan to spend less money for holiday gifts. but they still believe that they will have a great holiday season tho.
why did you choose it?
its time for christmas and for buying presents for friends and family. im still trying to find out what to get them. this article helps me to see what stores are doing good and bad from the previous years.
do you agree with what happening in the news item you choose? why or why not?
yes because even if i spend a lil less money this year than last year it will still be a great holiday sseason.
do you think the info has been presented fairly? why or why not?
yes i do think that the information was presented fairly. they had percentages and even down to the cents of profit from the previous year.
would you use this news source again?
yes i would.
http://www.forbes.com/2009/11/12/wal-mart-kohl-business-retail-christmas.html?partner=relatedstoriesbox
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Kathleen, Isn't it interesting how your personal experience of spending just slightly less is reflected in national statistics?
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