General Merchandise Stores

Brian Sozzi of Wall Street Strategies was just on CNBC and he said, if you like taking risk, that potentially Coach (NYSE: COH) and Wal-Mart (NYSE: WMT) are good shorts here. Sozzi said that he likes Coach's growth story, but he believes valuations are stretched at these levels. Regarding Wal-Mart...

On CNBC's Fast Money, Patty Edwards recommended Target Corporation (NYSE: TGT) as a buy. Target Corporation (TGT) gained 0.10% today, and closed at $59.95. Brian Kelly likes Morgan Stanley (NYSE: MS). He explained that Morgan Stanley (MS) traded higher on the bad news, and that is a very bullish...

According to an article from TheStreet.com, retail sales last week fell 4.1% from the prior year, as the giant snowstorm in the Northeast probably cost retailers $1 billion in sales. ShopperTrak, which tracks retail shopping data, said foot traffic data was down 11.2% from a year ago on the day...

Initial Claims for Unemployment Insurance fell by 3,000 last week to 420,000 (last week was also revised up by 3,000, so one could see it as unchanged). This was better than the expected level of 425,000. The recent trend in claims has been downward, but the path has been erratic. It still looks...

Initial Claims for Unemployment Insurance fell by 3,000 last week to 420,000 (last week was also revised up by 3,000, so one could see it as unchanged). This was better than the expected level of 425,000. The recent trend in claims has been downward, but the path has been erratic. It still looks...

Big Lots Inc.'s (BIG) third-quarter 2010 earnings missed both the Zacks Consensus Estimate and its own outlook. The company also delivered disappointing comparable store sales results, rising marginally by 0.7% as against growth of 2% to 4% forecast by management. The lower-than-expected third-...

Family Dollar Stores' (FDO) strategic initiatives to improve merchandising and store operations have helped grow the top and bottom lines. The company's point-of-sale technology and store realignment initiatives are helping to drive traffic. There is tremendous opportunity to increase gross margin...

Family Dollar Stores' (FDO) strategic initiatives to improve merchandising and store operations have helped grow the top and bottom lines. The company's point-of-sale technology and store realignment initiatives are helping to drive traffic. There is tremendous opportunity to increase gross margin...

Big Lots Inc.'s (BIG) third-quarter 2010 earnings missed both the Zacks Consensus Estimate and its own outlook. The company also delivered disappointing comparable store sales results, rising marginally by 0.7% as against growth of 2% to 4% forecast by management. The lower-than-expected third-...

Leading U.S. drug retailer Walgreen Company (WAG) reported first-quarter fiscal 2011 (ended November 30) earnings of 62 cents per share, comfortably beating the Zacks Consensus Estimate of 54 cents while exceeding the year-ago earnings of 49 cents. The year-ago quarter's results include 3 cents...

Leading U.S. drug retailer Walgreen Company (WAG) reported first-quarter fiscal 2011 (ended November 30) earnings of 62 cents per share, comfortably beating the Zacks Consensus Estimate of 54 cents while exceeding the year-ago earnings of 49 cents. The year-ago quarter's results include 3 cents...

Brian Sozzi of Wall Street Strategies upgraded shares of Target (NYSE: TGT) this morning. Shares of Target are not active in pre-market trading, and closed at $59.70 yesterday.