economy

McDonalds Profits Falter For The First Time Since 2003
They made it through the recession seemingly unscathed.  During the most-recent economic downtown, McDonalds enjoyed plenty of black ink while their rivals saw red.  Now it seems that the tables might be turning.
McDonald's Corp. says a key revenue figure came in flat in July, its wors…
Hooters-Style Restaurants Thrive Despite The Bad Economy
Financial watchers are divided on how restaurants fare during a downturn in the economy.  Some schools say that the food and restaurant industry is "bullet proof" - and that food is a necessity;  Others say that going out to eat at a restaurant is a "disposable p…
Retail Sales Slow To A Crawl
Despite the rosy reports coming from Washington, it appears that retail sales have slowed down to a stand-still.  The Commerce Department reported that retail sales figures grew only 0.1% in the the month of April - and forecasts for the summer aren't looking any better...
JCPenney’s Morale Problem
Earlier this year, JCPenney rolled out their new look and approach to retail sales - with a reduced emphasis on "sales" and "clearance" and more of an up-scale feel to their operations.  It was a direct effort to combat sluggish sales across the board in thei…
Appetite For Kids Meals Wanes
The love/hate relationship that Americans have with fast food kids meals seems to be taking another turn.
Long portrayed as a key contributor to childhood obesity, fast-food kids meals may be losing their appeal to youngsters — and, more importantly, their parents...

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