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.