Other retail stocks slumping suddenly from positive territory on worries kickstarted by...


Other retail stocks slumping suddenly from positive territory on worries kickstarted by Wal-Mart's payroll tax warning: COST -0.6%, DKS -0.9%, PSMT -1.4%.

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Comments (4)
  • Tack
    , contributor
    Comments (16141) | Send Message
     
    We have one research firm "claiming" WMT sales are down, contrary to all other recently-reported retail data, but that doesn't stop the emotional types from pushing the sell button.

     

    http://bit.ly/XDJT6w
    15 Feb 2013, 02:19 PM Reply Like
  • Topcat
    , contributor
    Comments (571) | Send Message
     
    A WMT exec confirmed the research report...this was kind of expected, in that the people most affected by the return to the regular payroll rate would be Wallmart shoppers...things will settle in next month probably...
    15 Feb 2013, 02:29 PM Reply Like
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    U think there'sa a big difference between the shoppers at Wmt and COST and TSCO and DKS and HIBB and CAB and TGT????

     

    Don't think so....maybe TIF and LULU but not the former
    15 Feb 2013, 02:40 PM Reply Like
  • jhollieb
    , contributor
    Comments (44) | Send Message
     
    I don't know where you get your information wapiti, but as far as Costco is concerned, Costco shoppers have an average income of $96,000 according to a 2012 Washington Post article by Danielle Douglas.
    15 Feb 2013, 04:15 PM Reply Like
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