Friday, October 28, 2011

October 2011 New Store Announcements

BJ’s Wholesale Club – Burlington, NC
Books A Million – Auburn, ME
Books A Million – Bangor, ME
Books A Million – Butler, PA
Books a Million – Charleston, SC
Books A Million – Monaca, PA
Books A Million – Portland, ME
Books A Million – Rapid City, SD
Books A Million – Waterford, CT
Buy Buy Baby, Dress Barn, Omega sports, TJ Maxx, Target – Morrisville, NC
Dick’s – Heath, OH
Dick’s – Lexington Park, MD
Dick’s – Liberty, KS
Hobby Lobby – Merced, CA
Hobby Lobby – Modesto, CA
Hobby Lobby – Northport, AL
Hobby Lobby – Roseville, CA
HomeGoods – Swampscott, MA, 25,000 SF
HomeGoods– Madison, MS
Michael’s– Madison, MS
Old Navy – Louisville, KY
Petco – Madison, MS
Petco – Queensbury, NY, 18,300 SF
Petsmart – Cerritos, CA
Publix – Gardendale, AL
Rack Room Shoes – Olive Branch, TN
Shoe Carnival - Louisville, KY
TJ Maxx – Gardendale, AL
TJ Maxx – Somerset, KY
Toys R Us – Honolulu, HI
Toys R Us/Babies R Us – Cedar Hill, TX, 35,000 SF
Toys R Us/Babies R Us – Huntsville, AL, 58,000 SF
Toys R Us/Babies R Us – Southlake, TX, 35,000 SF
Tractor Supply – Houlton, ME
Walmart – Bayonne, NJ
Walmart – Miami, FL, 160,000 SF
Walmart Express – Snow Hill, NC

Monday, October 17, 2011

Gap to Close More Than 100 Stores

Gap is planning to close more than 100 stores by the end of 2013.  

Business First Article

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

Wednesday, October 12, 2011

Wal-Mart Comp Sales Down 9 Straight Quarters

How do you raise your stock price?  Answer: Increase same store sales.  

In the face of stiff competition, Wal-Mart 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

Monday, October 10, 2011

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

Thursday, October 6, 2011

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 it compares to competitors as well as other well known anchors.  As far as FCF is concerned in this brief comparison, Home Depot comes out ahead of the others.  This explanation of FCF will help too in your monitoring of other companies.  

Motley Fool Article

Tuesday, October 4, 2011

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

Monday, October 3, 2011

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.  

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, GA (50,000)
JC Penney – Dallas, TX
JC Penney – Seattle, WA
Kohl’s – Roanoke, VA
Kohl’s – Encinitas, CA
Kohl’s – Easton, MD
Michael’s – Orlando, FL
Restoration Hardware – Boston, MA
Sam’s Club – Tulsa, OK, 130,000 SF
Sports Authority – Hyannis, MA
Sports Authority – Long Island, NY, 13,600 SF

Sunday, October 2, 2011

BJ's Acquisition Completed

The acquisition to acquire BJ's Wholesale Club and take it private is complete.  

Bloomberg Business Week Article

Retailers on Fortune's Top 50 Most Admired Compaines

Congrats to McDonald's, Walmart, Starbucks, Nordstrom, Target, Costco, Best Buy, Yum Brands, and  Lowe's.