Jul. same-store sales (actual vs. Briefing.com estimate), update #4: BJ +2.8% vs. +4.6%. DDS -3%...


Jul. same-store sales (actual vs. Briefing.com estimate), update #4:
BJ +2.8% vs. +4.6%.
DDS -3% vs. +1.5%.
HOTT -9% vs. -2.7%.
JCP -0.6% vs. +2.2%.
SMRT -2.6% vs. -2%.
5 misses, 0 beats for a total of 12 misses, 1 in-line and 9 beats.
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Comments (8)
  • Jason Tillberg
    , contributor
    Comments (1328) | Send Message
     
    and inflation is really starting to kick in.

     

    purchasing power is going down and there is no investment class that can help now at these prices.

     

    Everyone will be poorer as a whole.

     

    Less spending on discretionary stuff we don't need anyway.
    5 Aug 2010, 09:31 AM Reply Like
  • Diggintunnels
    , contributor
    Comments (331) | Send Message
     
    Shouldn't same store sales be up significantly since there have been so many small main street type stores going out of business in the last year? The survivors should pick up incremental gains from the 'death' of smaller retailers.
    5 Aug 2010, 09:32 AM Reply Like
  • Danny Furman
    , contributor
    Comments (1009) | Send Message
     
    The concept of retail is simply stupid/elitist. Why do we need entire middle men businesses to sell clothes made by manufacturers to jobless consumers? Even in a good economy technology has eliminated the need for these leeches.
    5 Aug 2010, 09:37 AM Reply Like
  • Bear Bait
    , contributor
    Comments (931) | Send Message
     
    That sounds socialist or communist to me..........at the very least not capitalist.
    5 Aug 2010, 10:19 AM Reply Like
  • Danny Furman
    , contributor
    Comments (1009) | Send Message
     
    Capitalism implies production and demand. What do retail stores produce? Jobs for idiots? Anyone who derives pleasure or value from being served would've preferred this country 200 years ago.
    5 Aug 2010, 10:21 AM Reply Like
  • mike8599
    , contributor
    Comments (589) | Send Message
     
    You've got to be kidding me.... so any business that provides a service should be closed because they don't produce tangible goods ?
    5 Aug 2010, 11:53 AM Reply Like
  • Danny Furman
    , contributor
    Comments (1009) | Send Message
     
    What service do retail stores provide? They are not doctors, bus drivers or even grocers. The brick and mortar/human element of "retail" is entirely demented given modern technology. Why shouldn't people buy from wholesalers or manufacturers? All retail does is detract from productivity, causing inflation and psychosocial retardation. Have fun at the mall!
    5 Aug 2010, 12:01 PM Reply Like
  • mike8599
    , contributor
    Comments (589) | Send Message
     
    Danny, I don't know about you but I really don't have the time to shop and compare every manufacturer for what I buy. A store is a marvelous invention - it lets me see and compare price, quality, etc, before I spend my money. It's not that I don't use on-line or direct buying - but retail stores have their place too.

     

    You sound like you want to go back to days of the old Sears catalogue with a modern day twist.
    5 Aug 2010, 10:07 PM Reply Like
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