Retail

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Rite Aid, No New Surprises (RAD)

Rite Aid Corp. (NYSE: RAD) is getting a bit of a boost after earnings, despite there being no major success nor a major turnaround in the near future.  The drug store chain posted narrower…

Douglas A. McIntyre · 17 years ago

Wal-Mart (WMT) Under Siege For Extravagant Ad Claim

Shoppers can save $700 billion a year shopping in Wal-Mart (WMT), according to the company. It actually can’t come up with facts to support that claim. Wal-Mart would have to know where people who did…

Douglas A. McIntyre · 17 years ago

Giving Away Vegas To Get Traffic in Vegas (WYNN, LVS, MGM)

If you have ever stayed at the Wynn resort or the even newer Encore in Las Vegas, you will know that calling either a high-end resort and casino destination may represent an understatement of…

Douglas A. McIntyre · 17 years ago

Chart Alert: Wal-Mart (WMT, TGT, COST)

Wal-Mart Stores Inc. (NYSE: WMT) is supposed to be the retail winner in a depression or recession as more and more consumers are forced to shop at the world’s largest retailer whether they want…

Douglas A. McIntyre · 17 years ago

Starbucks (SBUX): Another Quick Fix That Is No Fix

The latest mad plan by Howard Schulz and his executive team to fix Starbucks (SBUX) is to have stores grind beans each time they make a new pot of coffee. Apparently, the beans are…

Douglas A. McIntyre · 17 years ago

Crocs Closer To Raising Cash (CROX)

CROCS Inc. (NASDAQ: CROX) may be closer to a capital raise if an amended filing from tonight clears the bar to allow it to sell securities.  It was just May 22 when it filed…

Douglas A. McIntyre · 17 years ago

Fewer Green Shoots at Best Buy (BBY)

Best Buy Co. Inc. (NYSE: BBY) reported earnings which look solid when you compare them to  estimates.  The electronics retail giant posted $0.36 net EPS and $0.42 non-GAAP EPS and $10.095 billion in revenues. …

Douglas A. McIntyre · 17 years ago

Average Purchase At Darden (DRI) Unit Falls

Over the past week, the 24/7 Wall St.–The Channel Checkers poll surveyed various Red Lobster locations, part of Darden Restaurants (DRI), to gauge trends in the casual dining business.  We asked the following questions: 1. Is this location…

Douglas A. McIntyre · 17 years ago

Sales At Ann Taylor (ANN) Hold Steady

Over the past week, the 24/7 Wall St.–The Channel Checkers poll surveyed Ann Taylor (ANN) locations to gauge business trends at the ten retailers.  We asked the following questions: 1. On a scale of 1-5 with…

Douglas A. McIntyre · 17 years ago

Starbucks (SBUX) Raises Earnings By Cheating Customers?

It is a devilishly clever way for a company with flagging revenue to raise sales. Cheat customers by double charging them. According to several media outlets, as many as one million Starbucks customers were charged twice…

Douglas A. McIntyre · 17 years ago

McDonald’s Seeing Some Slowing Growth (MCD)

McDonald’s Corp. (NYSE: MCD) is trading lower after the fast food giant posted some mixed same store sales data for the month of May.  The golden arches posted +5.1% same store sales, above the…

Douglas A. McIntyre · 17 years ago