BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Target (TGT) warns of September sales slowdown]]>http://www.bloggingstocks.com/2007/09/27/target-tgt-warns-of-september-sales-slowdown/http://www.bloggingstocks.com/2007/09/27/target-tgt-warns-of-september-sales-slowdown/http://www.bloggingstocks.com/2007/09/27/target-tgt-warns-of-september-sales-slowdown/#commentsFiled under: ,

Target Corp.'s (NYSE: TGT) is now warning the market of a slower September sales month after coming off several months of better-than-expected same-store sales. The nation's second-largest discount retailer seemed to set a scary precedent for other retailers as well, with the market thinking that a slow holiday season could set in as October approaches and the holiday shopping season begins in November.

But alas, retailers (and other companies) are known to downgrade guidance only to then beat expectations by a long shot. It's a standard tactic with many public companies, although Target's volume of housewares equipment and cheap but fashionable clothing could suffer from the housing market downturn and uncertainty about gas prices. Umm, hello? These factors have existed at the front of the line for quarters now, so why attribute possible holiday season shopping slowdowns to the most oft-mentioned causes?

On one level, it makes sense. Discretionary spending becomes tight when mounds of gift purchases are at stake, and the housing market tumble could cause skittishness in the buying public in terms of how much it spends this year for holiday gifts. This week, Target, cut its forecast for September same-store sales (sales from stores open at least a year) to 1.5% to 2.5% -- quite a drop from the previous 4% to 6%. In a sign that maybe the housing market was playing a factor, the retailer stated that sales in Florida was particularly sluggish. The state is sharing the top spot with California in terms of housing foreclosures and mortgage flops.

Target (TGT) warns of September sales slowdown originally appeared on BloggingStocks on Thu, 27 Sep 2007 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>holidayinthenewssalessame-storeshoppingslowdownTarget Corp.TargetCorp.TGTThu, 27 Sep 2007 16:30:00 EST<![CDATA[Paul McCartney should lift Starbucks' same-store sales]]>http://www.bloggingstocks.com/2007/06/13/paul-mccartney-should-lift-starbucks-same-store-sales/http://www.bloggingstocks.com/2007/06/13/paul-mccartney-should-lift-starbucks-same-store-sales/http://www.bloggingstocks.com/2007/06/13/paul-mccartney-should-lift-starbucks-same-store-sales/#commentsFiled under: , , ,

Eight days ago, Starbucks (NASDAQ: SBUX) began selling the new CD from former Beatle Paul McCartney titled Memory Almost Full. Currently, the CD is only available from Starbucks stores in all 27 countries and on Amazon.com (NASDAQ: AMZN). The CD may be the spark that Starbucks needs to get its stock going, as it is selling extraordinarily well and may lift Starbucks' June same-store sales.

Starbucks is a long-term, excellent growth story. The company currently operates almost 12,000 stores, with a stated corporate goal of growing to over 40,000 units in the next decade. This year so far has been a frustrating one for Starbucks as its stock has traded as high as $36, but is sitting at its low point right now at $27.74.

Update June 13, 2007, 4:36 p.m.: "First-week sales of 160,541 copies marked a 33% improvement over those for Flaming Pie."

The first quarter earnings for Starbucks came in right at consensus expectations: no upside surprise. The market reacted with a rather large yawn and the stock has been trading sideways since. The Paul McCartney CD may be the catalyst necessary to get the stock and the same store sales popping in sync.

Continue reading Paul McCartney should lift Starbucks' same-store sales

Paul McCartney should lift Starbucks' same-store sales originally appeared on BloggingStocks on Wed, 13 Jun 2007 06:23:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cdmccartney cdMccartneyCdmccartney]memory almost fullMemoryAlmostFullpaul mccartneypaul mccartney cdPaulMccartneyPaulMccartneyCdsame-storesame-store salesSame-storeSalessbuxstarbucksstarbucks musicstarbucks same-store salesStarbucksMusicStarbucksSame-storeSalesstarbuxkwsWed, 13 Jun 2007 06:23:00 EST<![CDATA[Why Wal-Mart is losing to Target]]>http://www.bloggingstocks.com/2006/10/30/why-wal-mart-is-losing-to-target/http://www.bloggingstocks.com/2006/10/30/why-wal-mart-is-losing-to-target/http://www.bloggingstocks.com/2006/10/30/why-wal-mart-is-losing-to-target/#commentsFiled under: , , , ,

my son everett and my shopping at targetFor many investors, putting money in Wal-Mart Stores, Inc. (NYSE:WMT) is like investing in America. Wal-Mart stands for everything that your stereotypical middle American does; sprawling properties, gigantic packages of Suave(TM) and Snickers(TM) and Snoop Dogg (TM, probably). Wal-Mart is to retail what the Hummer is to automobiles. Big, resource-hungry, and not entirely respectful of the little guy. And along with America, Wal-Mart seemed like the never-ending growth story. Sometimes I thought the Waltons' place in the billionaires' top 10 would never be equalled.

But some days, like today, the news seems to go a different way. Wal-Mart, emperor of homogenization, king of the price cut, sultan of squashing its competitors, posted a teensy 0.5% same-store sales growth in October. There's talk that the retailer might even (yikes! double yikes!) post so-called "negative growth" a.k.a. shrinking in the months to come.

Where Wall Street comes from, negative growth is a synonym for "run for the hills." From whence cometh our help, Americans?

In my opinion, our help cometh from Target Corp. (NYSE:TGT).

Continue reading Why Wal-Mart is losing to Target

Why Wal-Mart is losing to Target originally appeared on BloggingStocks on Mon, 30 Oct 2006 14:23:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>negative growthNegativeGrowthoctoberoctober 2006october retail salesoctober salesOctober2006OctoberRetailSalesOctoberSalesretailsame storesame-storesame-store salesSame-storeSalesSameStoretargettgtwal-martwal-mart octoberWal-martOctoberwmtMon, 30 Oct 2006 14:23:00 EST