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Posts related to ‘Retail’

Turnaround on Hold at SUPERVALU… Buyout As Well?

Posted: July 11, 2012 at 4:57 pm

SUPERVALU Inc. (NYSE: SVU) had recently been the beneficiary of some buyout rumors.  It seemed unlikely with its balance sheet and losses, but the rumor mill often is full of ...
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Chuy’s Sets IPO Terms

Posted: July 11, 2012 at 4:37 pm

Another food chain is coming public.  The parent company of the Mexican Food restaurant chain of Chuy's has now set its terms for an initial public offering of 5.833 million ...
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Best Buy Dives on Rival’s Warning

Posted: July 11, 2012 at 1:49 pm

Home electronics giant Best Buy Co. Inc. (NYSE: BBY) has seen its shares plunge today following an earnings warning from much smaller rival hhgregg, Inc. (NYSE: HGG). The Indianapolis-based retailer, ...
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More Trouble At J.C. Penney

Posted: July 11, 2012 at 6:34 am

JCPenny’s (NYSE: JCP) problems get worse and worse. The retailer said it would cut 350 people at its headquarters, which barely scratches the surface of its cost problems, nor altars ...
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Five Great Stocks Entering a Dividend Bubble

Posted: July 11, 2012 at 6:13 am

Income investors need to be careful with some of the best companies in America. A dividend bubble appears to be forming in many great stocks. Dividends have been one of the ...
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Did The Coldwater Creek Turnaround Really Get Saved?

Posted: July 10, 2012 at 10:30 am

Coldwater Creek Inc. (NASDAQ: CWTR) is nothing short of a highly unusual winner today.  The news is that the women's apparel retailer announced the closing of a five-year, $65 million ...
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Consumer Credit On The Rise

Posted: July 9, 2012 at 3:17 pm

Consumer credit is still on the rise. Is it due to the public borrowing for summer vacations, or is it something else?  The latest report from the Federal Reserve shows ...
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Layoff of 2,400 Workers Will Not Help Best Buy

Posted: July 9, 2012 at 5:59 am

Best Buy (NYSE: BBY) recently laid off 2,400 people. Wall St. has watched for a much more substantial sign, on the heels of years of poor performance and the departures of ...
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US Bootmaker Acquired by Japanese Retailer

Posted: July 6, 2012 at 10:36 am

LaCrosse Footwear Inc. (NASDAQ: BOOT), a maker of work and outdoor boots, has agreed to be acquired by Japan’s ABC-MART Inc. in an all-cash deal worth $20/share, or about $138 ...
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Retail Spending Meets Low Expectations

Posted: July 5, 2012 at 11:05 am

Retail sales growth in June were expected to be weak compared with sales a year ago, and the predictions came true. Sales growth last June was a tough comparison because ...
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New Car Sales Rise 38% at AutoNation

Posted: July 5, 2012 at 7:52 am

Auto retailer AutoNation Inc. (NYSE: AN) reported this morning that June sales rose 38% compared with June 2011, to 22,862 units. The company sells vehicles made by Ford Motor Co. ...
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Costco Takes On Water In June

Posted: July 5, 2012 at 6:22 am

Costco’s (NASDAQ: COST) results for June showed that one of the most successful retailers in the United States stumbled. Costco tends to cater to high-end shoppers, so its same-store sales ...
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Preliminary Data Shows Retail Sales Floundering in June

Posted: July 2, 2012 at 11:12 am

Retail Metrics is out with its preliminary targets on June same-store sales and the report is one of caution.  The firm is now expecting only a 1.0% growth in the ...
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Reevaluating a Best Buy Buyout

Posted: July 2, 2012 at 10:54 am

Best Buy Co., Inc. (NYSE: BBY) is surging in early trading on this merger Monday.  While there is no direct Best Buy news this morning there is ample speculation that ...
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Cost Plus Shareholders Tender Shares in Takeover

Posted: June 29, 2012 at 11:16 am

Retailer Bed, Bath & Beyond Inc. (NASDAQ: BBBY) announced this morning that its tender offer of $22/share for Cost Plus Inc. (NASDAQ: CPWM), which expired last night, garnered approximately 92% ...
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