What Walmart sales and Rolex prices reveal

James G. Cole

This story was originally published on Tker.com. You might expect high-income households to fare relatively well during challenging economic periods. But they too are changing the way they spend as inflation eats away at purchasing power. Consider this anecdote about Walmart evolving customer mix (via CNBC): More high-income consumers, penny-pinching […]

‘It’s hard to imagine how inept they are’

James G. Cole

Kohl’s train-wreck of a 2022 is rolling right along, and a top institutional shareholder in the retailer tells Yahoo Finance that it all points back to a poor job by execs in the C-suite and those hanging out on the company’s board yearning to collect checks. “It’s hard to imagine […]