General Merchandise Stores

Best Buy Co., Inc. (NYSE: BBY) shares are jumping higher this morning, well off their session lows on rumors that Bill Ackman is going to file a significant stake in the company later today. Ackman spoke at the Ira Sohn conference last week and announced a position in Family Dollar (NYSE: FDO),...

Credit Suisse downgraded its rating on Family Dollar (NYSE: FDO) from Outperform to Neutral. In a research report published today, Credit Suisse states, "Based on current valuation, changing near term competitive dynamics, and potential margin pressure, we believe it is time to take a break...

Tomorrow is a major day in terms of economic reports, with the largest report being the May Nonfarm Payroll report due out before the start of trading. Previewing the various economic reports will give traders a good idea on how to play them, whether it be long or short. At 8:30 a.m., the Bureau...

Goldman Sachs is out with its report today on Family Dollar Stores (NYSE: FDO), commenting on FDO's earnings. In a note to clients, Goldman Sachs writes, "DG reported EPS of $0.48, below $0.50 consensus as gross margins declined 63 bps yoy despite strong SSS of +5.4%. Gross margin weakness was...

Costco Wholesale Corp (NASDAQ: COST) reported a 13% rise in its May comparable-store sales on Thursday. The retailer's net sales surged 17% to $7.14 billion, from $6.09 billion in the year-ago month. However, analysts expected same-store sales to rise 11.2% for the month. Its same-store sales...

Target Corp (NYSE: TGT) reported a 2.8% rise in its May same-store sales on Thursday. Analysts were expecting same-store sales to increase 3.5%. Its net sales for the four weeks ended May 28 surged 3.8% to $$4.8 billion. Target shares fell 0.33% to $48.40 in pre-market trading. Read more from...

Fred's, Inc. (NASDAQ: FRED) today reported sales for the four-week fiscal month of May, which ended May 28, 2011. Fred's total sales for the month increased 1% to $143.5 million from $141.5 million in May 2010. Comparable store sales for the month rose 0.2% compared with an increase of 3.5% in...

Dollar Tree (NASDAQ: DLTR), Family Dollar (NYSE: FDO) and Ninety Nine Cents Stores (NYSE: NDN) are down sharply today, down around 2% as their largest competitor Dollar General (NYSE: DG) reported earnings this morning that missed Wall Street estimates. At last check, Dollar General was off 9% to...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Greece: Avoid Day of Reckoning Like the U.S. Every morning I have to digest a seemingly endless plethora of hair-raising financial news. I've got to worry these days about so many simultaneous crises that my head...

Shares of Dollar Tree, Inc. (NASDAQ: DLTR) are lower on the session by 1.69%, currently trading at $62.66. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...

Dollar General (NYSE: DG) is set to report earnings tomorrow before the bell, and with investors like Bill Ackman, and Nelson Peltz in the space in Family Dollar (NYSE: FDO), perhaps it is time that investors look at the ever growing dollar store space with the industry leader. The company is set...

Dollar General (NYSE: DG) will be reporting its fiscal first-quarter 2011 results tomorrow, June 1, before the opening bell. Investors will be watching to see whether the company can follow up on its record fourth-quarter results and any update on the status of its expansion plans. Analysts are...

Citi initiated coverage of Target Corporation (NYSE: TGT) with a Buy rating and a price target of $64. In a research report published today, Citi states, "While there are many compelling aspects to the TGT story over the next several years (including TGT's Canada entry and potential credit card...

Piper Jaffray commented on Big Lots (NYSE: BIG) in a report released today. In the report, Piper Jaffray was mixed in its assessment of the company. Piper Jaffray writes, "We are maintaining our Neutral rating and lowering our PT to $36 from $37 following BIG's Q1 earnings call. While we are...

The Benchmark Company has lowered the price target on Big Logs (NYSE: BIG) from $50 to $45 and maintains its Buy rating.