Hypermarkets & Super Centers

BJ's Wholesale Club, Inc. (NYSE: BJ), today announced that its Board of Directors, upon the recommendation of a committee of independent directors, has decided to explore and evaluate strategic alternatives, including a possible sale of the Company. The independent committee has engaged Morgan...

Cusick'sCorner Well, the weather in Chicago did turn into a snownami and the market is moving like a car on Lakeshore Drive here in Chicago -- nowhere! The S&P 500 trading range over the last 5 sessions has been 1265-1306, but this latest rally has just stuck to the highs, 1300 on the S&...

Shares of Wal-Mart (NYSE: WMT) were downgraded this morning at Deutsche Bank (NYSE: DB) from Buy to Hold. The firm believes that WMT will benefit less from an uptick in consumer spending because its core customers continue to be burdened by high unemployment and rising commodity costs. The stock...

Shares of Costco Wholesale (NASDAQ: COST) are lower on the session by 1.01%, currently trading at $71.69. 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...

In December, Personal Income rose 0.4%, matching the 0.4% rise in November, and just below the 0.5% increase in October. However, both November and October were revised up by a tick, so relative to where we thought personal income was, this is actually an acceleration. It was, on the other hand,...

Wal-Mart Stores, Inc. (NYSE: WMT) has fallen sharply over the last two trading days. The stock had been on a recent spike for two straight weeks. This pull back offers a solid short term swing trading long opportunity. This level is the 20 moving average on the daily chart. WMT should see a 1-2...

In December, Personal Income rose 0.4%, matching the 0.4% rise in November, and just below the 0.5% increase in October. However, both November and October were revised up by a tick, so relative to where we thought personal income was, this is actually an acceleration. It was, on the other hand,...

Leading drugstore chain operator Rite Aid Corp. (RAD) reported growth of 1.1% in same-store sales for the four weeks ended January 22, 2011. The company reported two consecutive months of same-store sales increase after 18 consecutive months of decline ever since May 2009, when it had registered...

Leading drugstore chain operator Rite Aid Corp. (RAD) reported growth of 1.1% in same-store sales for the four weeks ended January 22, 2011. The company reported two consecutive months of same-store sales increase after 18 consecutive months of decline ever since May 2009, when it had registered...

In the fourth quarter, the economy grew at an annual rate of 3.2%, up from 2.6% in the third quarter, and up from the 1.7% pace in the second quarter of 2010. The growth rate was somewhat below consensus expectations, 3.5%, and frankly a bit lower than I was expecting. However, the quality of the...

Brian Sozzi of Wall Street Strategies is out with a research report on Wal-Mart (NYSE: WMT), after the company announced that Duncan MacNaughton will become the position of EVP and Chief Merchandise Officer of the U.S. operation. In the note, Sozzi writes, "We would have viewed more favorably...

In the fourth quarter, the economy grew at an annual rate of 3.2%, up from 2.6% in the third quarter, and up from the 1.7% pace in the second quarter of 2010. The growth rate was somewhat below consensus expectations, 3.5%, and frankly a bit lower than I was expecting. However, the quality of the...

It's not easy for large institutions to reinvent themselves. Look at Blockbuster (BLOAQ.PK) - the video rental outlet was asleep at the wheel while Netflix (Nasdaq: NFLX) and Coinstar (Nasdaq: CSTR) zipped right past it to grab market share. Blockbuster soon crumbled...