discount stores

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.

Target getting fresh with food

There's been a lot of talk about lately about limiting the number of products sold at retail, with stores trimming assortment and dropping national...