Stock Market News & Stocks to Watch from StraightStocks » retail presence

DrStockPick.com Stock Report! 10/23/09, BLDR, CSRH, AVVH, NPD, RPM, CBRX

Dr. Stock Pick — Fri, 23 Oct 2009 13:56:20 +0000

Dr Stock Pick HOT News & Alerts! _______________________________________ FREE Daily Stock Alerts From DrStockPick.com _______________________________________ Friday October 23, 2009 DrStockPick.com Stock Report! ************************************************************** Consorteum Holdings Inc. (OTCBB: CSRH) announced that it has signed a Letter of Intent with Tactical Connections Inc. to provide various financial services to major tier one US, Canadian and European manufacturing and retail industries. Builders FirstSource, [...]

Telus Expands Retail Networking – Analyst Blog

Zacks Market Commentaries — Wed, 09 Sep 2009 16:10:00 +0000

Telus Corp (TU), Canada’s second largest telecom carrier, has reportedly acquired Black’s Photo Corporation (Black’s), a leading imaging and digital retailer in Canada , for C$28 million (US$26 million). For nearly 80 years, Black’s has been a premier distributor of cameras, accessories, albums and printing services that are complementary to Telus’ wireless offerings.

Telus’ wireless devices will feature in Black’s nationwide retail outlets, addressing the growing demand for mobile handsets embedded with high quality photo and video capability. Telus remains the industry leader in offering the broadest assortment of smartphones in Canada. Strong smartphone adoption and the associated increase in data service usage continue to catalyze wireless data revenue growth.

Telus contends with a weakening Canadian economy and domestic competition, which would intensify with the entry of new wireless players (including Globalive Communications and Quebecor Inc) in late 2009 and early 2010. The company continues to lose local access lines (both business and residential) to competitors.

Telus’ move to buy Black’s was in response to its rival BCE Inc’s (BCE) recent acquisition of the leading Canadian consumer electronics retail chain “The Source". The Source has expanded BCE’s retail outlet count to 1,450 and provided the company the opportunity to distribute its wireless and broadband Internet products and services over 750 retail locations staring early 2010. Moreover, BCE has further strengthened its national retail distribution network with full ownership of Virgin Mobile Canada.

The acquisition of Black’s has expanded Telus’ retail network footprint by adding 113 retail stores across Canada, thereby broadening the nationwide distribution of the company’s wireless products and services. The addition of Black’s retail outlets brings Telus’ total store count to more than 1,000, enabling the company to more effectively compete with its Canadian peers BCE and Rogers Communications (RCI). Moreover, the acquisition will significantly improve Telus’ retail presence in Ontario (Black's stronghold) where the company ranks third in market share.

We feel that Telus’ wireless business prospects remain firm, driven by an increasing customer base, solid spectrum acquisitions, attractive product/service offerings, ongoing technology advancements and expanding distribution capabilities.
Read the full analyst report on "TU"
Read the full analyst report on "BCE"
Read the full analyst report on "RCI"
Zacks Investment Research

Single Touch Systems Acquires Advertising Centric Patent Portfolio for $5.5 Million

Stuart T. Smith — Fri, 17 Jul 2009 16:23:42 +0000

Streaming Advertising Patents Part of the Package SAN DIEGO, June 2 /PRNewswire-FirstCall/ — Single Touch Systems (OTC Bulletin Board: SITO) announces the acquisition of a patent portfolio (the Patent Portfolio). The Patent Portfolio contains multiple patents and patents pending related to mobility, including patents on streaming advertising media to mobile devices. The Patent Portfolio represents a [...]

People’s Liberation, Inc. (PPLB.OB) Subsidiary Opens Los Angeles Retail Store at the Beverly Center

QualityStocks — Thu, 21 May 2009 14:00:08 +0000

People’s Liberation, Inc., the designer of high-end casual apparel under the brand names William Rast™, J. Lindeberg™ and People’s Liberation™, announced today the acquisition and opening of its Los Angeles-based J. Lindeberg retail store in the Beverly Center in Los Angeles. “With the acquisition of this Beverly Center location, we now have a corporately owned [...]

Brite-Strike Technologies, Inc. (BSTI.PK) is Drawing More Customers Through Major Retailers

QualityStocks — Tue, 23 Sep 2008 01:13:15 +0000

Brite-Strike Technologies, Inc. (OTC: BSTI) previously relied mainly on word-of-mouth in order to publicize their products as well as the company’s website and several high-end catalogs, but today their dedicated work to allure customers through a major media advertising campaign is paying off. With their inviting price points, community involvement, and niche focus for [...]

O’Reilly Auto Makes the Best of It

Zacks Market Commentaries — Tue, 26 Aug 2008 16:04:30 +0000

O'Reilly Automotive Inc.'s (ORLY) diluted earnings for second quarter were $0.48 per common share versus $0.45 per common share a year ago. Same store sales were up 3.4%. The company estimates earnings per share are expected to range from $1.57 to $1.61.

The company's recent acquisition of CSK Auto Corp. (CAO) for $1 billion is expected to boost 2009 earnings and would result in about $100 million in annual cost savings from 2010. However, rising competition, high gas prices, slowdown in miles driven as well as overall economic slowdown force us to rate the stock a Hold with a target of $29.

O'Reilly Auto has an excellent growth strategy with an exposure to both do-it-yourself (DIY) and do-it-for-me (DIFM) segments of aftermarket industry. The company is continuously benefiting from its dual-market strategy, strong distribution network as well as unparalleled access to auto parts.

The company is planning to open 205 stores in 2008 in order to achieve greater penetration in existing markets and to expand into new and contiguous markets. A heavy mix of commercial sales provides ORLY with greater exposure to less discretionary sales of hard parts and allows the company to operate in smaller markets that would otherwise not be economically viable with retail presence alone.

Read the full analyst report on ORLY

"ORLY" Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research