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
Stock Market Cuts Its Losses with a Late Rally
A late recovery on Wall Street wiped out most of the stock market's losses Thursday, leaving the Dow Jones industrial average down just 25 points. The Dow had been down as much as 177 points but came back sharply at the end of the day.
Discount Distortion: How Dollar Stores Actually Charge You More
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.
Could Walmart's Big-Box Stores Disappear in Our Lifetime?
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:
Why Dollar Stores Are Hotter Than Ever (Even for the Rich)
Dollar stores are luring a lot more consumers these days, and their rock-bottom prices aren't the only reason: The chains have undergone major makeovers in recent years, sprucing up their dingy digs and adding better merchandise.
Why Walmart Had to Bring Back Layaways
Walmart is struggling to end its declining same store sales, which have faltered over the past nine consecutive quarters. It's no wonder: With massive unemployment, discount retailers have to pull out all the stops to win over new customers, or even retain the ones they have. Re-enter layaways, which Walmart shelved in 2006.
Week in Preview: December Jobs, Earnings and Retail Reports
The new year's first week will be busy. Due out on Friday is December's umemployment rate, and the consensus is for it to drop to 9.7%. However, few expect real improvement until well into 2011. Also on tap: weekly and monthly chain-store sales, FOMC minutes, ISM services report and more.
Guess Which Stocks Have Led the S&P 500 So Far This Year
As year-end nears, investors are in for a surprise about which stocks in the S&P 500 spearheaded the unexpectedly robust upswing in 2010. Hint: Cummins is the only economy-driven name in the bunch. Plus: Goldman Sachs on how 2011 could turn out.
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. 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.
Week Ahead: Earnings for Walgreen, Family Dollar, Jabil
Pharmacy giant Walgreen's earnings are expected to be flat year-over-year, while Family Dollar Stores and electronics manufacturer Jabil Circuit are expected to post earnings gains.
Nelson Peltz's Trian Group Buys 6.6% of Family Dollar
Billionaire investor Nelson Peltz's Trian Group has taken an approximately 6.6% stake in Family Dollar, saying the stock is currently undervalued in the market, according to a Wednesday SEC filing. Shares of the discount retailer jumped 6.9% in early trading.
Face-Off on Stocks: Dividend-Paying Retail Plays
Retailers posted mixed results for June same-store sales, with some big surprises -- Abercrombie & Fitch -- and some major disappointments -- Target. Take a look at the bull and bear arguments for some retail stock picks.
