4.4 • 3K Ratings
🗓️ 16 May 2014
⏱️ 39 minutes
🧾️ Download transcript
Freakonomics co-author Stephen Dubner talks about his new book, Think Like a Freak. And our analysts discuss Wal-Mart, Coca-Cola, SodaStream, and some of the week's other business news.
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0:00.0 | Everybody needs money. That's why they call it money. |
0:07.0 | From full global headquarters, this is Motley Fool Money. |
0:19.0 | It's the Motley Fool Money Radio Show. I'm Chris L. Joining me in studio this week for Motley Fool One, Jason Moser, |
0:24.0 | for Motley Fool Income Investor James Early, and for Million Dollar Portfolio Ron Gross. |
0:28.0 | Good to see you, Gents. |
0:29.0 | I get it. |
0:30.0 | We got the latest deals in the beverage industry, the restaurant industry, and more. |
0:34.0 | We've got Frekenomics authors. Stephen Dubner, as our guest this week, and as always, |
0:38.0 | we give an inside look at the stocks on our radar. |
0:41.0 | But we begin this week with retail, big cross-section of retailers reporting earnings this week, |
0:46.0 | including Nordstrom, JC Penny, Coles, and Kate Spade, as well as the biggest retailer of them all, Ron Wal-Mart. |
0:54.0 | Which shares down this week after first quarter profit fell 5% and maybe more troubling, |
1:00.0 | fifth straight quarter of same-store sales in the US falling. |
1:05.0 | You can't blame that on weather. |
1:07.0 | Well, you can partly, but retail's tough right now. |
1:10.0 | Definitely almost across the board, but perhaps Wal-Mart is the poster child for it. |
1:16.0 | Continuing, as you said, quarterly declines, especially the US business, really, really weak. |
1:22.0 | They're making moves to try to right-size the business by going to some of those smaller stores |
1:27.0 | to try to compete better with the dollar stores or the drug stores and some of the more discounted stores. |
1:33.0 | But it is tough. They have a lot of competition, online competition, chief among them, |
1:39.0 | and it's not going to be easy to right-size that big issue. |
1:42.0 | What are you going to do your part, Ron, and actually go into a Wal-Mart? |
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