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Home Depot, Sears: Setting Trend For Retail Stocks?
2007-07-10 19:16:00
Posted By:Margaret BrennanIt has been a tough time to be short retail stocks, even with same store sales likely to be even weaker than expected. Today though the short call is working and many of those short sellers may be willing to step back from the ledge given word from Home Depot and Sears that their earnings will disappoint. That word is countering the positive force of the rumor mill of retail buyouts that have buoyed stock prices despite slumping sales.   Read MoreTopics:Consumers | Stock Picks | Stock Market | Mergers & Acquisitions | Private Equity | Retail SalesSectors:RetailCompanies:Target Corporation | Jones Apparel Group Inc | Sears Holdings Corp | Home Depot IncMEDIA:PHOTO Permalink
More About: Stocks , Trend

Macy's, Target, Wal-Mart: Watch Them For State of Retail
2007-07-09 20:29:00
Posted By:Margaret BrennanIt's spring cleaning in the summertime for retailers right now and profit taking time for investors in retail stocks (it would seem.) From what I'm hearing, the disappointing sales we saw today from Children's Place may be setting the tone when it comes to retail sales results. Same store sales declined 4% in June coming in below expectations. CEO Ezrah Dabah cited continued declines in mall traffic--NOT the weather, NOT high gas prices, NOT inventory management issues--for causing sales to fall off at the start of the summer.    Read More Companies:Charlotte Russe Holding Inc | Limited Brands Inc | Abercrombie & Fitch Company | Wal-Mart Stores Inc | Target Corporation | Children's Place Retail Stores Inc | New York and Co | Ann Taylor | Tween Brands Inc | Zale Corp | Citi Trends Inc | Talbots Inc. | Aeropostale Inc | Wet Seal IncMEDIA:PHOTO Permalink
More About: Watch , Wal-Mart , State

Macy's, Target, Wal-Mart: Watch Them For State of Retail
2007-07-09 20:29:00
Posted By:Margaret BrennanIt's spring cleaning in the summertime for retailers right now and profit taking time for investors in retail stocks (it would seem.) From what I'm hearing, the disappointing sales we saw today from Children's Place may be setting the tone when it comes to retail sales results. Same store sales declined 4% in June coming in below expectations. CEO Ezrah Dabah cited continued declines in mall traffic--NOT the weather, NOT high gas prices, NOT inventory management issues--for causing sales to fall off at the start of the summer.   Read MoreCompanies:Charlotte Russe Holding Inc | Limited Brands Inc | Abercrombie & Fitch Company | Wal-Mart Stores Inc | Target Corporation | Children's Place Retail Stores Inc | New York and Co | Ann Taylor | Tween Brands Inc | Zale Corp | Citi Trends Inc | Talbots Inc. | Aeropostale Inc | Wet Seal IncMEDIA:PHOTO Permalink
More About: Watch , Wal-Mart , State