It's a big day for retailers. Costco reported a big earnings and revenue miss, and Safeway is said to be closing in on a big LBO. Along with Costco's disappointing numbers, Staples missed analyst expectations when it reported earnings and the company says it will shutter more than 200 stores as it looks to clean up its books. Plus, Jim Cramer is looking at Anadarko as a petroleum play. TheStreet's Jon Marino reports from the Nasdaq MarketSite in Times Square.

If you liked this article you might like

This Is How to Avoid Becoming Amazon Roadkill

How to Make Your Life Successful Just Like Billionaire Warren Buffett

Amazon Unleashes New Assault On Grocery Stores Like Costco

How to Eat Lunch With Billionaire Warren Buffett

Cramer: Dominoes Are in Play Today