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Editorial Results (free)

1. Wal-Mart, Amazon Show Changing Shopping Habits -

NEW YORK (AP) – The financial strains and shifting shopping habits of Americans have led to uneven fortunes for retailers.

Traditional consumer companies like Wal-Mart and Mattel have continued to struggle as Americans spend more cautiously in the uncertain economy. Meanwhile, Amazon.com has flourished as shoppers increasingly buy online rather than head to stores.

2. Wal-Mart Lowers Quarterly, Yearly Profit Expectations -

Wal-Mart said Friday its fiscal fourth-quarter and full-year adjusted earnings from continuing operations may come in at or slightly below the low end of its prior forecasts.

The latest comments reflects accounting for some Brazil-related charges and other items. Chief Financial Officer Charles Holley said that these additional items were not anticipated when Wal-Mart previously provided its forecasts.

3. Americans Not Willing to Spend Without Deals -

NEW YORK (AP) – This holiday season, Americans may not spend their green unless they see more red.

Despite signs that the economy is improving, big store chains like Wal-Mart and Kohl's don't expect Americans to have much holiday shopping cheer unless they see bold, red signs that offer huge discounts. As a result, shoppers are seeing big sales events earlier and more often than in previous holiday seasons.

4. Tepid US Retail Sales Raising Doubts About Economy -

WASHINGTON (AP) – Bleaker outlooks at retailers like Wal-Mart and Macy's are raising doubts that consumers will spend enough in coming months to lift the still-subpar U.S. economy.

Though the economy is growing steadily, Americans are being hampered by weak pay, higher taxes and tepid hiring. Sluggish overseas economies are also slowing sales for U.S. retailers. It's a picture the Federal Reserve will weigh in deciding whether to scale back its bond purchases as soon as next month.

5. Masson Named Senior Director at Caissa -

Rick Masson has joined Caissa Public Strategy as senior director. Masson, former chief administrative office for the city of Memphis, was also recently named special master to oversee the city-county schools merger. (For details, see the Monday, March 11, edition of The Daily News.) In his new role at Caissa, Masson will provide consultation and leadership on business development and project management.

6. Wal-Mart Q2 Profit Up 5.7 Pct on Overseas Strength -

NEW YORK (AP) – Wal-Mart Stores Inc. posted a second-quarter profit increase of 5.7 percent on Tuesday and raised its outlook for the year as it benefits from international sales growth and cost cutting measures. But the world’s largest retailer was unable to stop a two-year sales slump at its Walmart stores in the U.S as customers continued to grapple with job security and other economic woes.

7. Wal-Mart: A Year of Taking Stock to Regain Footing -

NEW YORK (AP) – Wal-Mart is in a race against time to give the people what they want before they get comfortable shopping elsewhere.

Shoppers who switched to other stores when Wal-Mart decided to ditch best-selling toothbrush brands, craft supplies and bolts of fabric may be hard to win back.

8. Rising Pump Prices Add to Wal-Mart Uncertainty -

NEW YORK (AP) – Rising gas prices are adding another obstacle to Wal-Mart Stores Inc.'s campaign to reverse a two-year U.S. sales slump.

9. Consumer Comeback Skips Wal-Mart's Aisles -

NEW YORK (AP) – Wal-Mart is missing out on the consumer comeback.

The world's largest retailer failed to reverse an almost two-year slide in a key revenue measure in its fourth quarter, it said Tuesday, after all but promising in November it would do just that.

10. Wal-Mart's 4Q Profit Rises; US Sales Still Slump -

NEW YORK (AP) – Wal-Mart Stores Inc. reported a 27 percent increase in fourth-quarter net income as the world's largest retailer benefited from cost-cutting and strong sales overseas.

11. Wal-Mart Names Senior Vice President, Treasurer -

BENTONVILLE, Ark. (AP) – Wal-Mart Stores Inc. will promote its senior vice president of finance and strategy to senior vice president and treasurer.

12. Wal-Mart Names New CFO as Schoewe Plans to Leave -

NEW YORK (AP) – Wal-Mart Stores Inc. Chief Financial Officer Tom Schoewe is retiring, the retailer announced Wednesday, and it has promoted Charles Holley to be his replacement.

13. Wal-Mart Profit Flat on Impact of Strong Dollar -

LITTLE ROCK, Ark. (AP) - Wal-Mart Stores Inc., which posted flat first-quarter earnings Thursday, will spend another summer marketing its wares to families who want to have fun even in hard times.

14. Change of Face -

Editor's Note: This is the last in The Daily News' five-part Retail Reinvented series about the past - and future - of the local shopping landscape.

Most shoppers only vaguely remember the days when Carrefour at Kirby Woods, Germantown Village Square and Park Place Mall were enclosed shopping centers. Most of the malls opened in the late 1970s or early 1980s, and all had converted to outdoor malls by 1999.

15. Archived Article: Market Briefs - International Trade Centers-Tennessee Small Business Development Centers, Memphis Regional Chamber and the University of Memph

International Trade Centers-Tennessee Small Business Development Centers, Memphis Regional Chamber and the University o...

16. Archived Article: Memos - Drs Sue Harpole has been named the new vice chancellor for development at the UT Health Science Center. She earned bachelors and masters degrees from Mississippi State University. Harpole was assistant vice chancellor for financial aid at UT from 19...

17. Archived Article: Attorney Graph - Attorney Attorney Judgments Amount ------------------------------------------------ ----------- -------------------------- Gordon & Feldbaum 226 $220,174.79 Baer Baer & Baer 220 $348,622.30 Mccullough Law Firm ...

18. Archived Article: Real Fcs Box Lj - lj 10/5 cates Home Builders Association of Memphis board members and staff participated in a planning retreat in Hot Springs, Ark., in November and formulated a number of goals for the upcoming year. They include: 1. Develop an operating reserve (ra...