Keeping you informed is one of our goals at The Motley Fool. So just in case you missed it, here's a recap of what happened during the week of 10/9/06 - 10/13/06 in the retail sector, as reported from our best and brightest.
Monday
It was a slow day in the world of retail and restaurants. I don't want to brag, but on a side note, I led Arsenal to the FA Cup championship on my PlayStation. So at least the day wasn't a total loss.
Tuesday
Tuesday brought the death of a legend, as Tower Records was sold to a liquidator. Rick Munarriz warns readers not to blame the digital music revolution, however. The record store just didn't keep up with the times when Best Buy (NYSE:BBY) and Circuit City (NYSE:CC) started using CDs as loss leaders.
In other digital media news, Target (NYSE:TGT) decided to fire a warning shot across Hollywood's bow. However, Rick Munarriz (that guy's everywhere), doesn't think its aim is true.
Wednesday
Cheesecake Factory (NASDAQ:CAKE) issued a sales update on Wednesday. The news wasn't good, as growth has been slowing. However, Ryan Fuhrmann wonders whether it's not time to take a look, given the company's strong cash generation.
Thursday
Unfortunately for me, Thursday left no time for PlayStation (I guess I have to go after the World Cup later). Fortunately for readers, that meant lots of great articles.
Did you read the Duel on air mattress peddler and Motley Fool Hidden Gems recommendation Select Comfort (NASDAQ:SCSS)? If you did, I hope you voted. If you didn't, what are you waiting for? Get to it, as that Munarriz guy and Chuck Saletta give you their thoughts here!
Domino's Pizza (NYSE:DPZ) delivered earnings. Unfortunately, they were a little cold, although the Fudgem ovens were warm.
Wrapping up Thursday, we learned that Costco (NASDAQ:COST) can still do a good job even in a tough environment. Unfortunately, our own Nate Parmelee thinks those good results are already baked into the stock price and doesn't find it a compelling bargain.
Friday
Whoa! That's today. Better check out www.fool.com to see what's going on.
So, that's the week in retail. Tune in next week to see what Foolishness our best analysts will have in store for you then.
Best Buy and Costco are Motley Fool Stock Advisor selections. Take the newsletter for a 30-day free trial.
Retail editor and Motley Fool Inside Value team member David Meier does not own shares in any of the companies mentioned. You can view his TMF profile here. The Fool takes its disclosure policy very seriously.
