NutriSystem Inc. (NASDAQ: NTRI) has worked out a deal to have its weight-loss products sold at Costco (NYSE: COST) stores. Until now, Nutrisystem products had been sold almost exclusively through the company's website and TV commercials.
NutriSystem's Senior Vice President of Business Development Will Auchincloss said that "We see Costco as a great partner during these tough economic times, and are excited to leverage our direct to consumer model in the retail channel with Costco. Through their gift card program, Costco will allow us to expand our existing customer base in the retail channel and capitalize on our strong consumer brand."
I'm not so sure how exciting this is: Nutrisystem has grown rapidly over the past few years with a strong marketing campaign and non-traditional distribution model. It's not like this is the first time that it's occurred to them that they could partner with retailers so the question is: Why now?
The deal with Costco isn't completely outside of NutriSystem's model, as the food will still be delivered by mail. So far investors appear to be shrugging it off.
Dragged down by plunging gasoline prices and an auto industry struggling for survival, retail sales fell by 1.8% in November for a record fifth straight month, according to the U.S. Commerce Department.
But a historic drop in retail gasoline prices and auto sales may have exaggerated the decline. Filling-station sales mirrored the recent ...
This week started with a positive momentum as the auto industry bailout seemed to have a chance of passing, and President-elect Obama announced a huge stimulus plan, including infrastructure investment that could boost the weak job market.
For a few days, things seemed like they were almost back to normal. Until Thursday -- when the Senate failed to pass the bailout. This was aggravated by news of the ex-Nasdaq chair being accused of a massive $50 billion 'Ponzi scheme,' and economic indicators that actually were not as bad as expected.
Still, if the automakers manage to get assistance from somewhere else, we might see some sort of stabilization. If that happens, some investors may choose this time to return to the market. This week's theme among BloggingStocks contributors seemed to revolve not just around 'cheap' but also on yield. Competent management also plays a bigger role these days when picking stocks.
Here are some picks from this week:
Jim Cramer took a hard look at these high yielders: Dow Chemical (NYSE: DOW), General Electric (NYSE: GE), Du Pont (NYSE: DD) and Intel (NASDAQ: INTC). He cautions against jumping in without considering "which companies have gone into survival mode to get there? Which companies will even make you money if they cut the dividend?"