Hypermarkets & Super Centers

Costco Wholesale (NASDAQ: COST) today reported net sales of $6.9 billion for the month of August, the four weeks ended August 28, 2011, an increase of 17 percent from $5.9 billion during the similar period last year. This year's four-week period included sales from the Company's Mexico joint...

Warren Buffett certainly knows a good thing when he sees it. When Buffett, 81, announced earlier in the month he had a position in Dollar General (NYSE: DG), many thought it was a shrew move. After today's earnings beat, it looks like an even shrewder move. The Goodlettsville, Tennessee-based...

Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Bad Economy Good for Dollar Tree, PriceSmart More people are shopping at discount retailers due to the difficult economy and that's translating into sales, says Brian Lazorishak, manager of the Chase Mid-Cap...

With so much uncertainty in the U.S. economy, it is easy to see why there is tremendous interest in the dollar store space. Apparently though, money does not grow on trees, Dollar trees that is. Dollar Tree, Inc. (NASDAQ: DLTR) shares are getting rocked this morning, after the company came out...

comScore, Inc. (NASDAQ: SCOR) today released a report on selected global retail and auction sites based on data from the comScore Media Metrix service. The study found that of the destinations analyzed, Amazon (NASDAQ: AMZN) Sites reached the largest global audience with more than 282 million...

Staples Inc (NASDAQ: SPLS) reported a 36% rise in its fiscal second-quarter profit. Staples' quarterly profit surged to $176.4 million, or $0.25 per share, from $129.8 million, or $0.18 per share, in the year-ago period. Its sales climbed 5.2% to $5.82 billion. Excluding a $21 million tax refund,...

BJ's Wholesale Club Inc (NYSE: BJ) reported a 28% rise in its second-quarter net income. BJ's reported its quarterly earnings at $45.7 million, or $0.84 per share, up from $35.7 million, or $0.67 per share, in the year-ago period. However, analysts were expecting earnings of $0.77 per share. Its...

According to Jefferies, Wal-Mart Stores (NYSE: WMT) reported continued sales softness. Jefferies said that it showed a $0.01 beat following unusual expenses, a lower than expected tax rate and currency exchange benefits. US Division sales were consistent with the model, but better than informal...

According to Citi, Wal-Mart Stores (NYSE: WMT) price target is lowered to $63. Citi said that WMT reported 2Q11 EPS from continuing operations of $1.09 (incld. certain discrete items), a penny above estimate and consensus of $1.08, vs. guidance of $1.05 to $1.10, and vs. $0.97 last year. “We are...

According to Goldman Sachs, Wal-Mart Stores (NYSE: WMT) 2Q results came in light of expectation, they beat consensus by a penny even though US comps declined 0.9% and margins were flat. Goldman Sachs said that WMT's U.S. comp improved sequentially in every month during the quarter, with July...