2 Retail Bargains to Run All Summer

It turns out the consumer isn’t dead; he was only face down on the couch, mining the cushions for change.

US retail sales slipped 0.2% in May, as economic malaise and Japanese quake disruptions clipped auto sales 2.9%. But the core retail trade — excluding auto sales and gasoline — proved surprisingly resilient, creeping up 0.2% from April and rising more than 6% year-over-year.

And that was not the only bit of good news for the recently slumping retail sector Tuesday. Longtime underperformer Best Buy ( BBY ) topped profit estimates, thanks to rising tablet sales and share buybacks, and the CEO said on the conference call he felt “good” about sales trends over the last two weeks.

Best Buy’s beleaguered stock bounced 4%, but was overshadowed by another would-be Cinderella. JCPenney’s ( JCP ) lackluster sales and frumpy brand had left its stock down 24% since May 4, amid the general disillusionment with retailers. But the stock recouped about half of that loss in one fell swoop, after a kindly wizard came along in the guise of Ron Johnson, the guy who turned Apple ( AAPL ) stores into places of worship.

Johnson’s hiring as the next Penneys CEO increased the company’s market cap by $1.1 billion in a day. Who would have thought poor, tired JCPenney was capable of that, just for starters?

We’re entering a season of traditional strength for retail stocks, lasting roughly from Independence Day to Black Friday. There are no guarantees that the broader market will be able to string together consecutive gains, much less an extended rally. But it’s certainly not overbought. So this could be a good time to shop for some other likely winners in the space.

I have two to recommend, and both happen to offer home furnishings. Both are highly successful companies mentioned three weeks ago in an Investor’s Business Daily story about improving home-goods sales. But to understand just how successful they’ve been, let’s put recent gains by the home-furnishings sector into a longer-term context.

In April, home-furnishings stores nationwide rang up $3.1 billion in sales, out of the $347.8 billion US total, according to the Department of Commerce. That means home-furnishings receipts haven’t increased in 11 years, while total retail sales rose 45% over the same span.

Over the same 11-year span, sales at Bed Bath & Beyond ( BBBY ) have risen from $2.4 billion to $8.8 billion, sending rival Linens n’ Things into liquidation in the process. The company is still co-chaired by the founders who started it in 1971, and run by a CEO who’s in his 15th year on the job.

Aarons Sales And Leasing - News


2 Retail Bargains to Run All Summer

Aaron's is leasing expensive items at a juicy markup to customers, who are getting by without other credit in many cases. Like Bed Bath & Beyond, it is a very strong player in a struggling industry, one poised to cash in once the housing market starts



2 Retail Bargains to Run All Summer

Aaron's is leasing expensive items at a juicy markup to customers—who are getting by without other credit, in many cases. Like Bed Bath & Beyond, it is a very strong player in a struggling industry, one poised to cash in once the housing market starts



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Since Seattle planned to tear up the street for the installation, the city requested proposals from private Internet providers to lease access to the conduit. Todd Elliot, regional director of enterprise sales for Comcast, said the company had wanted



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Accelerating gasoline prices and food costs coupled with the anemic job market will limit the likelihood that Aaron's can boost same-store sales and EPS estimates during the next two to three quarters, Northcoast says. Abercrombie & Fitch Co.



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Accelerating gasoline prices and food costs coupled with the anemic job market will limit the likelihood that Aaron's can boost same-store sales and EPS estimates during the next two to three quarters, Northcoast says. Abercrombie & Fitch Co.




Aaron's Sales & Leasing | BlueMauMau

I am seriously looking at an Aaron's franchise. They are aggressively expanding into Canada. I live in the G.T.A. (Greater Toronto Area) and would be looking at a location in the area. I know the demographics are $50,000 family income. The stores do well in the U.S. I'm not sure whether they will be as successful here. Aaron's Rents is one of the few companies on the NYSE to increase their guidance for the next quarter. Apparently this recession helps them?? Does anyone have more information or personally knows someone who owns a franchise. Most store owners are multiple franchise owners as well. I suppose that is a good sign, as you would not open an additional store, if the first one sucked. Most McDonald Z's are multiple owners as well and they are profitable. I think most owners sign up for a territory and commit to opening 2-3 stores in that territory, in a short span (2-3 years). Any information, good or bad will help. Growing up Ron aka DIVERSE

Growing up Ron aka DIVERSE was surrounded by a musical family, from playing his grandparents upright piano to playing drums in the high school jazz band, music was a part of his everyday life. Some of his Influences are Beethoven, Miles Davis, Michael Jackson, Elton John, Led Zepplin, The Beatles, Pete Rock, Timbaland, Dr Dre, Eminem and the list goes on. Ron has been perfecting his skills as a Producer/ Song writer/ DJ for the past seven years. He originally started as an Emcee/ DJ called THA WIZARD for a group called Another Blunted Crew or A.B.C in 1996 which consisted of five emcees. Soon after Ron became fascinated with the production side of the music. testking 640-802 He then co produced his first solo album entitled Schizophrenic Menis in 97, which sold hundreds of copies throughout the east end of Toronto, and even in BC. In 98' he created an independent record label called BEAT BANDIT productions. The goal was to create an arsenal of talented artists that would all collaborate as one team to expose the unnoticed unsigned talent in the underground music scene. With artists from around the world such as Detroi

young drivers Pro Challenge Race Cars and Team United sanctioning Association (TUSA) have announced that Aaron’s Sales and Lease Ownership will be the Title sponsor of the 2006 Aaron’s Pro Challenge Racing Series and the Aaron’s Dream Team. Aaron Rents, Inc.


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Million dollar directory

Million dollar directory

Todd Peten •Гг. Robert Cavanaugh AARONS SALES Ы LEASE SeeARMCOLLC AARONS SALES fc LEASE OWNERSHIP See SULTAN FINANCIAL CORP DUNS 80-773-4611 AARONSON ...

Directory of corporate affiliations

Directory of corporate affiliations

(212) 495-1784 Toll Free (800) 524-4458 Subsidiaries: First Leasing & Rental Corporation (1) PO Box 2489 Toa Baia. PR 0O951-2489 PR Tel. ...

Forbes

Forbes

If you're a serious investor, call 'em/1 Rohnn Lampi Aaron 's Sales & Leasing AARON'S SALES AND LEASING AVERAGE PER STORE ANNUAL REVENUE: S1,1HL479 ANNUAL ...

An All Night Man

An All Night Man

Jai threw an armful of case files onto her big cushioned sofa she had gotten from Aaron's Sales and Leasing. On her salary, she couldn't afford to go out ...

Atlanta

Atlanta

... pleased to announce the following sales and lease transactions: Regions Bank ... Suite 1100, Atlanta, GA Bonnie Miller Aaron Rents 8228 SF Retail Lease ...

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