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Article: Retailers take smaller hit on market cap. (Departments).(market capitalization )
- Article from:
- Home Textiles Today
- Article date:
- March 3, 2003
- Author:
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Greensboro, N.C. -- In last month's edition of the scorecard, Kids Today looked at market capitalization of the publicly-held vendors in the juvenile home furnishings industry. In this edition, Kids Today reviews the publicly-traded retailers in the industry.
Retailer market capitalization makes vendor market cap pale in comparison. From 2000 to 2002, vendor market cap dropped nearly $93 million, compared with $13.5 billion for the retailers. One company, Wal-Mart, had a $14.4 billion drop. Offsetting Wal-Mart's market cap decline were ShopKo Stores, J.C. Penney and Bed Bath & Beyond, all of which saw market capitalization grow substantially in the two-year ...