Discount stores

Walmart Shares Down as International Growth Slows

Wal-Mart Stores Inc's full-year profit may miss analysts' expectations as growth slows in its international markets, pressuring the company even as its U.S. discount stores continue to prosper.

5 Things to Watch Next Week on Wall St.

Next week brings more earnings reports from big-name companies, including several home improvement giants, a couple of "good enough" computer makers, penny-pinching discount masters, and office supplier Staples -- whose results might stand as an indication of the broader economy's health.

Mancession Offers Insight Into Male Shopping Trends

Men have endured slightly higher unemployment rates than women, and as a result, they've been taking on more of the household shopping. The trend hasn't boded well for stores: On average, men spend less than women on each trip.

Dollar General to Hire 6,000 for 2011 Expansion

Dollar General announced Monday morning that its 2011 expansion plan to open 625 new stores will allow it to hire 6,000 workers this year. The discount retailer plans to add stores in markets across its existing 35-state operating area, as well as in three new states: Connecticut, Nevada and New Hampshire.

TJX to Cut 4,400 Jobs, Eliminate A.J. Wright Brand

The TJX Companies announced Friday that it was shutting down its A.J. Wright brand, converting 91 of its 162 stores to those of its other brands -- T.J. Maxx, Marshalls or HomeGoods -- and closing the rest. The move will eliminate 4,400 jobs, about half of them part-time positions.

How Dollar Stores Are Eating Walmart's Lunch

Thrifty shoppers looking for low prices on basics are frequently passing up the big boxes of Walmart for the tighter aisles of their local dollar stores, which have replaced no-name products with nationally known brands and revamped their interiors to lure in a new crop of customers.

Five Retail Stocks Worth Putting on Your Shopping List

We started with Citi Investment Research's top global retail picks for an "hourglass" recovery (benefiting retailers on the high and low ends). After drilling down into the fundamentals and valuations, here are our five favorites.

Face-Off on Stocks: Costco, BJ's, Wal-Mart

Retail stocks tend to rise ahead of other sectors in the early stages of an economic recovery, and so far, following a familiar pattern, both up-market and discount chains have benefited at the expense of middle-market players. So is this the time to buy stock in wholesale clubs?

Family Dollar Stores Quarterly Profit Jumps 19%

Discount retailer Family Dollar Stores, Inc. (FDO) said profit in the third quarter of fiscal 2010 rose 19% from a year earlier. Net income was $104.4 million, or 77 cents per diluted share, for the quarter. Sales for the quarter gained 8.4% to $1.997 billion, with comparable store sales rising 7%, the company said in a statement. The value of the average transaction at the company%u2019s stores was flat.

An Overlooked Bargain: 99 Cents Only Stores

The deep-discount chain is one of the most ignored stocks in retailing. Investors who pay no attention, however, are missing a company in the midst of a strong turnaround -- and with solid prospects for coming years.