In this edition of Where the Money Is, Motley Fool Analysts Nathan Hamilton and Sean O'Reilly discuss major events this week in the world of consumer goods stocks. To start, they discuss the ramifcations of the recent announcement that several well known retail names, including Best Buy (NYSE:BBY) and Wal-mart (NYSE:WMT), are teaming up to create an alternative to Apple's (NASDAQ:AAPL) recently announced Apple Pay. They also discuss what Macy's (NYSE:M) recently announced store opening in Abu Dhabi, United Arab Emirates means for Macy's shareholders. Finally, they discuss recent earnings from the likes of Denny's (NASDAQ:DENN) and DineEquity (NYSE:DIN).
Nathan Hamilton owns shares of Apple. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.