May 2011 – Stan Tashman & Associates, Inc.

Dollar General to Debut Stores in California

May 31, 2011/in Dollar Stores /by tashman

Dollar General Corp. (NYSE: DG) today announced that it plans to open its first stores in California in 2012 following successful expansions in other western states such as Arizona and Colorado in recent years.

“Our California stores will mark a significant milestone for Dollar General, giving us a coast-to-coast presence for the first time,” said Rick Dreiling, chairman and CEO. “Our team is excited about carrying our mission westward and delivering value and convenience, our hallmarks for over 70 years, to new customers.”

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As reported in BusinessWire

99Cent Only Stores Report 4th Quarter Fiscal 2011

May 31, 2011/in 99Cent Only Stores /by tashman

99 Cents Only Stores® (NYSE:NDN) (the “Company”) announced its financial results for the fourth quarter and full-year fiscal 2011 ended April 2, 2011. The Company’s fiscal 2011 began on March 28, 2010 and ended on April 2, 2011, and consisted of 53 weeks, with one additional week included in our fourth quarter. The Company plans to file its Annual Report on Form 10-K for fiscal 2011 tomorrow, May 26, 2011.

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As reported by 99Cents Only Stores

Lowe’s Embraces Change at Shareholder’s Meeting

At its annual meeting, Lowe’s chairman and CEO Robert A. Niblock continued to hammer on the theme of transformation at the nation’s second-largest home center chain.

“Making home improvement simple for customers starts with making it simple for our employees by providing them with the right technology and resources,” said Niblock. “Throughout our 65-year history, Lowe’s has changed many times. To be successful in the future, we must transform the shopping experience for customers wherever and however they choose to shop with Lowe’s.”

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As reported by Home Channel News

Home Improvement Store Sales are Set to Grow

May 23, 2011/in Lowe's Home Improvement Warehouse, The Home Depot /by tashman

Sales at home-improvement stores likely have bottomed out and are expected to turn around, providing some optimism for improved performance making the stock for the major chains more attractive. Revenue for Lowe’s Cos. and Home Depot Inc. has been weak as the early spring weeks have been cool and wet in some parts of the country, including the Northeast.

As reported in Bloomberg Business

Mahurin’s Moves to Orchard Supply Hardware

May 5, 2011/in Home Channel News, Orchard Supply Hardware /by tashman

Steve Mahurin, the former Home Depot and True Value Co. merchandising executive, will take over as the senior merchant at San Jose, Calif.-based Orchard Supply Hardware. Mahurin’s appointment as executive VP and chief merchandising officer takes effect May 2. He will replace Steve Olsen, who has been named senior VP and chief strategy officer for the California hardware chain. Both men will report to Mark Baker, who was named CEO earlier this year.

(As reported by Home Channel News)

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Home Depot Hosts First Quarter Earnings Conference

May 5, 2011/in The Home Depot /by tashman

The Home Depot®, the world’s largest home improvement retailer, announced today that it will hold its First Quarter 2011 Earnings Conference Call on Tuesday, May 17, at 9 a.m. ET. A webcast will be available by logging onto the website and selecting the First Quarter Earnings Conference Call icon. The webcast will be archived and available beginning at approximately noon on May 17.