Retail sales growth in June were expected to be weak compared with sales a year ago, and the predictions came true. Sales growth last June was a tough comparison because sales in…
Costco’s (NASDAQ: COST) results for June showed that one of the most successful retailers in the United States stumbled. Costco tends to cater to high-end shoppers, so its same-store sales could indicate…
Douglas A. McIntyre Costco’s (NASDAQ: COST) results for June showed that one of the most successful retailers in the United States stumbled. Costco tends to cater to high-end shoppers, so its same-store sales could indicate that the…
Discount retailer Family Dollar Stores Inc. (NYSE: FDO) reported results for its third fiscal quarter this morning that were pretty much in line with expectations. EPS came in at $1.06 compared with…
Retails sales for the month of June are expected to show only modest growth according to research firm Retail Metrics Inc. June is not a particularly good month for most retailers, and…
Over the last three months shares of Sears Holdings Corp. (NASDAQ: SHLD) have lost about a quarter of their value, falling from near $85 to around $52. In the three months preceding…
Target Corp. (NYSE: TGT) did manage to deliver on a dividend hike today. It is not very fun to claim, but the 20% hike creates a small analysis situation when you consider…
RadioShack (NYSE: RSH), at 90 years old, operates in over 7,200 locations. Even with those advantages, the company might as well fold. The company stands as a fine example of how better-run…
Wal-Mart Stores Inc. (NYSE: WMT) is back on the chart breakout watch and it has risen at a time that the broader markets have been selling off. The shareholder vote last week…
Retailers are reporting May same-store sales today and it looks like the predictions for modest growth are being realized. Research firm Retail Metrics Inc. forecast that same-store sales would grow by just…
James Gorman, the CEO of Morgan Stanley (NYSE: MS), went on the record to say his firm’s behavior was perfect as it led the initial public offering of Facebook (NASDAQ: FB). Morgan…
Costco (NASDAQ: COST) continues to be the cream of big box retailers. May sales were up 7% to $7.67 billion. Same store sales were up 6%. Costco is not as large as…
The three major US stock indexes opened lower this morning following a weak report on Chinese and German PMI readings (our coverage here and here). New US jobless benefits claims came in…
Retailers have fared better than many other sectors over the past year, with the majority of share prices having risen although price to book values remain negative. Thus, either the sector is…
Oil has hit an extraordinarily low price, below $90 a barrel for WTI crude. That is the lowest level since October. It shows no inclination to spike back up. PMI data from Europe and China actually…
