The Value of SUPERVALU (SVU, KR, SWY, WMT, TGT)
We wrote this morning about the ongoing M&A chatter about SUPERVALU Inc. (NYSE: SVU). The store is seeking a buyer for the whole company, but so far most of the interest has come from…
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Newest first · Page 294SUPERVALU M&A Chatter Picks Up
SUPERVALU Inc. (NYSE: SVU) is down and out, and the question is whether it is so down that it is out of time. Shares closed at $2.12 on Thursday against a 52-week range of…
Chili’s Rules! Brinker Hikes Dividend 25%
Jon OggBrinker International, Inc. (NYSE: EAT) is trying to show that it has earnings power and anticipates earnings growth ahead. The company is hiking its dividend payout by 25%. Business at Chili’s and Maggiano’s must…
Media Feature: The Beginning of the End for Ron Johnson at JCPenney
Wikimedia CommonsBloomberg TV has been running a special this morning about the poor turnaround that Ron Johnson has engineered at JCPenney Co. Inc. (NYSE: JCP). Our take is that this is the beginning of…
Major League Baseball, Budweiser in New Deal
With the addition of a one-game playoff between the two best runners-up in each league, Major League Baseball made an offer that one of its biggest advertisers could not refuse. Anheuser-Busch InBev NV (NYSE:…
Discover and PayPal Team for Brick-and-Mortar Store Payments (DFS, EBAY)
“Can I just PayPal that?” is a question you do not hear too often inside of retail stores, where credit cards have ruled over cash for about two decades. That is about to change as…
American Eagle Outfitters Jumps on Results
American Eagle Outfitters Inc. (NYSE: AEO) reported an adjusted second fiscal quarter EPS of $0.21 on $740 million in sales before markets opened this morning. In the same period a year ago, the teen…
Barnes & Noble Opens Higher on Smaller Q1 Loss
A pickup in sales of digital content and the popularity of the Fifty Shades of Grey series helped Barnes & Noble Inc. (NYSE: BKS) narrow its fiscal first-quarter net loss, boosting shares in early…
Best Buy Getting Clobbered After Earnings Miss
Best Buy Co. Inc. (NYSE: BBY) reported adjusted 2013 second fiscal quarter EPS of $0.20 and $10.55 billion in sales before markets opened this morning. In the same period a year ago, the consumer…
Another Mixed Reading for August Retail Sales, Watch Higher Gasoline Prices
A report from The International Council of Shopping Centers showed that the ICSC-Goldman Sachs (ICSC‐GS) chain store sales index continued to post mixed results, with sequential performance off by 1.5% for the week ending August…
Some Americans Still Cannot Afford Food
As extraordinary as it may seem, one in four people in Mississippi could not afford to buy food at least once in the past year, according to Gallup. Perhaps it makes sense that the…
Urban Outfitters’ Earnings Report Lives Up To The Hype!
Urban Outfitters, Inc. (NASDAQ: URBN) had already hit a new 52-week high today ahead of its earnings report. Now that high is going even higher after the lifestyle specialty retail company announced net income…
Market Tears Lungs Out of Best Buy, Shares Off 7%
Either the market does not believe that Best Buy’s (NYSE: BBY) new CEO Hubert Joly, former head of hotel operator Carlson, can turn the consumer electronics retailer around, or fears have grown that founder…
The Nook Is Headed for the U.K.
courtesy Barnes & Noble Inc.Barnes & Noble Inc. (NYSE: BKS) announced today that it will be bringing the Nook e-reader and the associated digital bookstore to the United Kingdom this autumn, the Nook’s international…
A Call For Kors to Go Even Higher
Michael Kors Holdings Ltd. (NYSE: KORS) has been on a tear since coming public. The luxury apparel and accessories designer and retailer continually leads the same-store sales results from retail chains each month with massive…