10 hrs ago | MarketWatch
“Overall, the picture looks pretty. When you dig in the numbers, you see consumers are trading down. From Target to Wal-Mart and Abercrombie to Aeropostale. Parents are trading down and teens are trading down.”
Consumers seeking value and buying groceries and other necessities bolstered April sales at discounters, and a tighter hold on wallets led to cautious spending in discretionary items, yielding mixed results for ... via MarketWatch
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Costco Wholesale Forum & PollsSunday May 11 | SmartMoney
“Entrepreneurs are buying as much as they can”
BARRING ANY SIGNIFICANT cutbacks in your dietary habits, it's nearly impossible these days to keep your food bills from getting fatter. via SmartMoney
Friday May 9 | Denton Record-Chronicle
Retailers report mixed picture for April
By MARIA HALKIAS / The Dallas Morning News mhalkias@dallasnews.com J.C. Penney Co. via Denton Record-Chronicle
Thursday May 8 | Reuters
Shoppers go after bargains in April
“The economy continues to get tougher and the 'paycheck cycle' is more pronounced for customers than in past months”
Apparel chains struggled through another dismal month in April as they tried to bring in cash-strapped shoppers, but discounters fared well as consumers hungered for bargains to buy necessities. via Reuters
Thursday May 8 | WNED.org
Futures point to rebound on Costco, Wal-Mart
“Costco's numbers were good and the market's expecting to see some more decent numbers because you've got the rebate checks just starting to hit the system”
Stocks looked set to rebound on Thursday as Costco Wholesale Corp and Wal-Mart Stores Inc were among retail chains posting higher-than-expected monthly sales figures. via WNED.org
Thursday May 8 | CBS 5 | Posted by CBS 5
Retailers Post Mixed Results In April
“They are feeling the pinch on multiple fronts.”
Consumers gave some of the nation's retailers a little relief in April following months of dismal sales, but business was helped along by heavy discounting that could hurt first-quarter earnings.
Early sales reports issued Thursday showed that shoppers - who are contending with rising gas prices, sagging home and worries about their jobs - bought the basics at discounters and wholesale clubs. That made Wal-Mart Stores Inc. and Costco Wholesale Corp. among the top performers last month, while most mall-based apparel stores, whose merchandise falls into the category of discretionary items, struggled. Read more
Wednesday May 7 | MarketWatch
Calendar shift to lift April sales, but weak trends still visible
“Mass merchant sales should continue to benefit from food, household product and gas price inflation. Demand for apparel and other discretionary items remains weak.”
Retailers' sales in April are expected to rebound from a downbeat March, boosted by warmer weather in the first half of the month and a calendar shift in Easter that resulted in an extra selling day. via MarketWatch
Monday May 5 | Alaska Journal of Commerce
Sam's Club, Costco limit rice purchases amid shortages
“We are not seeing any signs of concern in the supply chain that would cause us to limit the sales of any items”
The two biggest U.S. warehouse retail chains are limiting how much rice customers can buy because of what Sam's Club, a division of Wal-Mart Stores Inc., called "recent supply and demand trends." The broader ... via Alaska Journal of Commerce
Saturday May 3 | Wage Law
Court Orders Production of Costco's Attorney-Client Communication in Overtime Class Action
In an unusual opinion, the Second District Court of Appeal ordered Costco Wholesale Corp. via Wage Law
Thursday May 1 | Bookofjoe
“We are not seeing any signs of concern in the supply chain that would cause us to limit the sales of any items”
And also at Sam's Club, though - for now - Wal-Mart will let you buy as much as you want. via Bookofjoe
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