Gap to Close More Than 100 Stores
Gap is planning to close more than 100 stores by the end of 2013. Business First Article Clothing retailer The Gap Inc. plans to close more than 100 more of its namesake stores in the United States by the end of 2013. The move is part of a plan to reduce the company’s total […]
Lowe’s Closing 20 Underperforming Stores, Future Growth Limited
Lowe’s will be closing 20 underperforming stores in 15 states. Future growth will include approximately 10 to 15 new stores per year rather the anticipated 30 stores. See the Lowe’s press release for a list of towns where the stores will close. Market Watch Article Lowe’s Press Release
Ross Best Relative Performance
Ross is on top as far as relative performance is concerned. Financial News Network Online Article
Walmart Comp Sales Down 9 Straight Quarters
How do you raise your stock price? Answer: Increase same store sales. In the face of stiff competition, Walmart is adding new products to the stores, working with different prototypes and shipping online purchases to the stores. The question still looms. Will it work? Reuters Article
BJ’s Not Going West
It appears that BJ’s plan for at least the next five years will focus on growth in the existing core markets. Learn More at the Boston Herald
Is Home Depot’s Stock Cheap?
The Motley Fool helps us to analyze Home Depot and how it stacks up to its competition and other big boxes over the past five years and the coming five years using growth, P/E Ratio, EV/FCF Ratio, Net Income Margin, and Cash Flow Margin. The Motley Fool
Home Depot’s Free Cash Flow (FCF)
Back when the economy really started to change, I recall Home Depot being one of the first anchors to pull back on new store expansion, so I have kept somewhat of a watchful eye on them. The article below is a very basic view into the Free Cash Flow (FCF) of the company and how […]
Kohl’s Opens 30 Stores in 20 States
The following press release provides a good run-down on Kohl’s today. Most importantly, on September 28 Kohl’s opened 30 stores and created approximately 4,000 jobs across the country. In 2011, the company has also remodeled approximately 100 stores, which is an 18% increase over 2010. Market Watch Article
New Store Announcements, Week of 9/26/11
I haven’t seen or heard much from Dick’s or Sports Authority in the last few months. However, this month seems to be the exception. New Store Announcements – Week of 9/26/11 buy buy Baby – Farmington Hills, MI, 29,000 SF Dick’s – Broken Arrow, OK Dick’s – Yonkers, NJ Dick’s – Norcross, […]
BJ’s Acquisition Completed
The acquisition to acquire BJ’s Wholesale Club and take it private is complete. Bloomberg Business Week Article