HINDSIGHT
Big-Boxes Trounce Department Stores
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Now more than ever, shoppers are looking for bargains -- and they've been trooping to big-box discount stores to find them. The big-box discounters -- a group made up of just four companies: Wal-Mart, BJ's Wholesale Club, Costco and PriceSmart -- have trounced department stores, including Target, over the past year. Led by Wal-Mart, the big-box group gained 6 percent between Nov. 20, 2007 and Nov. 19 of this year, while the department stores, including Kohl's, JCPenney, and Saks Fifth Avenue, fell 60 percent.
