Hot tempered and charming as ever, Frank unloaded this little rant at Ollie’s place, talking about Wal-Mart:
Yeah, Merl, a story about one of the most successful businesses in the world – I repeat, one – is “evidence” to you.
But who is the real dumbass here?
Wal-Mart, the world’s biggest retailer, announced its second quarter earnings this week. While profits were up, sales were down in the U.S. It’s the ninth consecutive quarter that important number has declined. Because of Wal-Mart’s size, economists are paying attention. Analyst Brian Sozzi talks to Renee Montagne about what Wal-Mart can learn from other retailers.