In this video from Wednesday's Investor Beat, host Chris Hill and Motley Fool analysts Jim Gillies and Bill Barker dig into the biggest business stories of the day for Foolish investors.

In this segment, Jim discusses Ascena Retail Group (NASDAQ:ASNA), parent company for Dress Barn among other retail chains, and why he'll be watching this multi-decade success story, while Bill looks at Advance Auto Parts (NYSE:AAP), and why the rough winter weather this year is great news for an auto-parts store.

Bill Barker and Chris Hill have no position in any stocks mentioned. Jim Gillies has options on Ascena Retail Group. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.