retail news in context, analysis with attitude

• BJ’s Wholesale Club said that its June sales were down 4.8 percent to $1 billion, from $1.05 billion a year ago. Same-store sales were off 7.5 percent.

• Target Corp. reported that its June sales were down 2.6 percent to $5.69 billion, on same-store sales that were down 6.2 percent.

• Family Dollar reports that its third quarter net profit was up 36 percent to $87.7 million, from $64.7 million during the same period a year ago. Q3 sales were up 8.2 percent to $1.84 billion, on same-store sales that were up 6.2 percent.
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