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	<title>Stock Blog Hub &#187; Overstock.com Inc.</title>
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		<title>(KR) Retail Industry &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/06/23/kr-retail-industry-zacks-analyst-interviews/8779</link>
		<comments>http://www.stockbloghub.com/2009/06/23/kr-retail-industry-zacks-analyst-interviews/8779#comments</comments>
		<pubDate>Tue, 23 Jun 2009 21:59:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Grocery Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[GameStop Corp.]]></category>
		<category><![CDATA[GME]]></category>
		<category><![CDATA[J. C. Penney Company]]></category>
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		<category><![CDATA[Kroger Company]]></category>
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		<category><![CDATA[Safeway Inc.]]></category>
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		<description><![CDATA[Through the middle of June, the S&#38;P Retail Index (RLX) is sitting on gains of about 13% year-to-date. The strong relative performance of retailing stocks thus far has been due to low expectations coming into 2009, &#8220;less bad&#8221; sales declines and cost cutting efforts. This combination allowed retailers to easily beat first quarter earnings estimates. Going forward, however, retailers are going to have a harder time beating estimates because expectations have climbed higher, while &#8220;less bad&#8221; results and cost cuts are already reflected in analyst estimates. Moreover, for the retailers to deliver better-than-expected results in the months ahead, the upside will have to come from an improvement in sales growth. This is unlikely because there are simply too many headwinds for the consumer to overcome. These headwinds include wealth destruction ]]></description>
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		<title>(KR) Retail Industry &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/06/22/kr-retail-industry-industry-outlook-2/8730</link>
		<comments>http://www.stockbloghub.com/2009/06/22/kr-retail-industry-industry-outlook-2/8730#comments</comments>
		<pubDate>Mon, 22 Jun 2009 21:00:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Grocery Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[GameStop Corp.]]></category>
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		<category><![CDATA[J. C. Penney Company]]></category>
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		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[OSTK]]></category>
		<category><![CDATA[Overstock.com Inc.]]></category>
		<category><![CDATA[Safeway Inc.]]></category>
		<category><![CDATA[SWY]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=8730</guid>
		<description><![CDATA[Through the middle of June, the S&#38;P Retail Index (RLX) is sitting on gains of about 13% year-to-date. The strong relative performance of retailing stocks thus far has been due to low expectations coming into 2009, &#8220;less bad&#8221; sales declines and cost cutting efforts. This combination allowed retailers to easily beat first quarter earnings estimates. Going forward, however, retailers are going to have a harder time beating estimates because expectations have climbed higher, while &#8220;less bad&#8221; results and cost cuts are already reflected in analyst estimates. Moreover, for the retailers to deliver better-than-expected results in the months ahead, the upside will have to come from an improvement in sales growth. This is unlikely because there are simply too many headwinds for the consumer to overcome. These headwinds include wealth destruction ]]></description>
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		<title>(KR) Retail Industry &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/03/03/kr-retail-industry-industry-outlook/3862</link>
		<comments>http://www.stockbloghub.com/2009/03/03/kr-retail-industry-industry-outlook/3862#comments</comments>
		<pubDate>Wed, 04 Mar 2009 04:06:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Grocery Stores]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Cost Plus Inc.]]></category>
		<category><![CDATA[CPWM]]></category>
		<category><![CDATA[GameStop Corp.]]></category>
		<category><![CDATA[GME]]></category>
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		<category><![CDATA[Kroger Company]]></category>
		<category><![CDATA[OSTK]]></category>
		<category><![CDATA[Overstock.com Inc.]]></category>
		<category><![CDATA[PetMed Express Inc.]]></category>
		<category><![CDATA[PETS]]></category>

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		<description><![CDATA[In February, we&#8217;ve seen several retailers deliver better-than-expected results for the fourth quarter. That resulted in some eye-popping one-day gains of 10%, 20% and even 30%. In most cases, the upside was due to extremely low investor expectations associated with the 2008 holiday season and not an improvement in their underlying business. Despite the positive reaction to retail earnings reports, we remain negative on the retail industry. Our negative view of the group is based on the weak economic environment, higher savings rates and de-leveraging in the financial system. These factors all point to continued pressure on consumer spending. The weak economy has caused many to lose their jobs, while many others live in fear of losing theirs. This elevated level of fear is causing many consumers to cut back ]]></description>
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