CEO Peter Lynch

(Reuters) - Winn-Dixie Stores Inc <WINN.O> posted a wider quarterly loss and gave a weak 2010 outlook as recession-hit consumers shopped for lesser number of items on every visit to its stores, sending the supermarket chain's shares down 13 percent. Same store sales -- a key measure of retail health -- decreased 1.5 percentage for the first quarter compared with the year-ago period. The company also said sales were hurt as consumers shifted toward generic pharmaceuticals and an absence of... Read Full Story

Grocery-store operator Winn-Dixie Stores Inc. said Monday that its fiscal first-quarter loss widened as revenue declined due to storm-related sales and several store closures. The company's shares sank 10 percent in after-hours trading. For the quarter that ended Sept. 16, Winn-Dixie reported a loss of $8.1 million, or 15 cents per share. This included an impairment charge of 6 cents per share related to the closures of six stores, and compares with a loss of $2.3 million, or 4 cents per... Read Full Story

By Jeremy Gray — The Birmingham News November 28, 2009, 6:12PM A man with a handgun robbed the Winn-Dixie at 3925 Crosshaven Drive in the Cahaba Heights community of Vestavia Hills shortly after 10:30 p.m. Friday. The gunman led three employees and a customer into the store’s office, where he made a store manager open the safe . The robber took more than $4,800. Birmingham police also had several recent crimes involving guns... Read Full Story

(Reuters) - Supermarket chain Winn-Dixie Stores Inc <WINN.O> posted a wider quarterly loss, hurt by consumers shifting toward generic pharmaceuticals and the absence of storm-related sales, and cut its 2010 EBITDA outlook, sending its shares down 13 percent after the bell. The company cut its full-year 2010 earnings before interest, taxes, depreciation and amortization (EBITDA) outlook to between $140 million and $160 million. For the latest first quarter, the company posted a loss of $8.1... Read Full Story

Shares of Winn-Dixie Stores Inc. continued to drop on Tuesday, a day after the grocery-store operator posted a wider loss in its first quarter and gave a weak forecast for fiscal 2010. BMO Capital Markets analyst Karen Short in a note to investors called Winn-Dixie sales a"wild card." She said there is a chance that Winn-Dixie might not meet its lower outlook, suggesting sales at stores open more than a year between a range of a 1 percent decline and a 1 percent rise. Short said she doesn't... Read Full Story

He probably wouldn’t now, but he may have 18 months ago… One up on Wall Street A few years back I read Peter Lynch’s classic One up on Wall Street , which is a great book for any beginning investor (as I was) to read. Lynch is arguably one of the top ten investors of all time and his success was largely based on his ability NOT to follow the crowd and looking for opportunities where others missed them. One of the points that Peter mentions in the book is that often times the biggest... Read Full Story

Lakeland Grocery Stores – A Comprehensive Comparison Whether you are brand new to the area and need some direction, or just want to refresh your information, I hope you find the following useful: *Note that the overall grades are concurrent with the average of the total stores combined. I realize that there are a few stores who deserve a much higher grade, the grade given is for overall, and is not site specific (Cleanliness/Appearance) -- (Coupons) -- (Prices) -- (Online) Publix -- (A... Read Full Story

Lab Puppies go to Winn Dixie socializing the puppies in town 12 weeks old today! diamondbarkennel.tripod.com From: panzertoo Views: 60 0 ratings Time: 04:05 More in Pets & Animals Read Full Story

Here are the call from late Monday and this morning. UPGRADES: Edison (EIX) = Buy Energy East (EAS) = Hold Winn-Dixie Stores (WINN) = Outperform National City (NCC) = Hold Pearson Plc (PSO) = Buy Sirius Satellite (SIRI )= Buy LivePerson (LPSN) = Hold Infineon (IFX) = Strong Buy DOWNGRADES: Buffalo Wild Wings (BWLD) = Sell CEC Entertainment (CEC) = Mkt Perform Amgen (AMGN) = Equal-weight Cinemark (CNK) = Hold Shore Bancshares (SHBI) = Hold Jackson Hewitt JTX Sector Pefrom Enter your Email... Read Full Story

This is our group blog, which is unique because any Zimbio member can post an entry to it. Some members blog about recent news and trends related to the portal topic, others recount relevant personal stories. You can also comment on and rate existing blog entries, to voice your opinion and to help the community identify which members and entries on the portal are must-reads. Got an interesting idea or story to share with other members of this portal? Well, then put on your journalist's cap... Read Full Story