McDonald’s Corp. and Wal-Mart Stores Inc. are getting a boost from value-minded consumers as rising commodity costs constrain discretionary income and confidence in the economy wanes.
RadioShack Corp., the electronics retailer trying to shake its reputation as a relic, tumbled the most in more than four months after sales missed estimates and the chain announced plans to close about a fifth of its stores.
With Europeans and Asians buying fewer $65,000 diamond necklaces and $10,000 amethyst earrings, Tiffany & Co. may be in for a less-than-glittering 2012.
"This is good news."
- David Schick on Dec 04, 2014