Family Dollar Reports Miserly Q1 Earnings
Family Dollar says quarterly earnings rose by less than three percent, falling shy of Wall Street expectations. And the discount store doesn't see things getting much better.
Family Dollar says quarterly earnings rose by less than three percent, falling shy of Wall Street expectations. And the discount store doesn't see things getting much better.
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.
You would think the biggest discounts could be found at dollar stores. If it's a dollar, it must be a discount. But a discount is more than just the cost of an item -- it's the amount that item is discounted versus the competition.
The end of Walmart's giant discount stores? That's what one astute industry observer predicts. It may seem far-fetched, but John Rand thinks smaller Walmart stores will replace them. Here's why he may be right:
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. The cheaper upstarts have replaced no-name products with nationally known brands and revamped their interiors to lure in a new crop of bargain hungry customers.
Fund manager Neil Hennessy believes investors should target retail stocks that are likely to thrive in slow-growth economic conditions -- but which also stand to benefit when the economy picks up again. Here are some of his favorites.
The earnings spotlight falls on retailers this week, and expectations are high for many of them, including Abercrombie & Fitch and Dollar Tree, which has benefited from the recession and slow recovery.













