The Michaels Companies Inc

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  • Michaels and Instacart app
    Consumer

    Craft Retailer Michaels Offers Same-Day Delivery Through Instacart

    Leading arts and crafts retailer Michaels now offers same-day delivery through its partnership with Instacart. How does the partnership work?
    By Danielle Letenyei
  • uploads///BRCM
    Earnings Report

    Highfields Capital exits its position in Broadcom

    Highfields Capital sold its position in BRCM in the third quarter. The position accounted for 1.66% of the fund’s 2Q14 portfolio. Broadcom makes semiconductors for wired and wireless communications.

    By Diana Key
  • uploads///Part
    Company & Industry Overviews

    Home Depot: Margins Up on Higher Sales, Lower Expenses

    Home Depot’s margins are ahead of those reported by the number-two home improvement (XHB) (ITB) retailer, Lowe’s (LOW), over the past twelve months.

    By Phalguni Soni
  • uploads///SHighfields Q positions
    Financials

    Highfields Capital Management’s positions in 3Q14

    Highfields Capital Management LP is based in Boston. The fund was founded by Jonathon Jacobson in 1998. The fund’s US long portfolio declined slightly to $12.8 billion in the third quarter.

    By Diana Key
  • uploads///Part
    Macroeconomic Analysis

    IKEA Tests the Small-Store Format in Select Markets

    Earlier this year, privately-held big box furnishing chain IKEA announced that it may open small-format stores in Canada. These will be a place for customers to pick up online orders.

    By Phalguni Soni
  • uploads///Part
    Macroeconomic Analysis

    Home Depot’s Online Ticket Size Soars Past In-Store Spending

    The ticket size for Home Depot’s online sales is significantly higher than the average in-store spend of $55–$65 per transaction.

    By Phalguni Soni
  • uploads///Part
    Company & Industry Overviews

    Home Depot Stock Outperforms Peer Group

    Home Depot’s (HD) stock has performed well over the past five years. In fact, it’s been the best-performing stock in its peer group.

    By Phalguni Soni
  • uploads///ENB
    Earnings Report

    Highfields Capital opens new position in Michaels Companies Inc.

    Highfields Capital initiated a new position in MIK in the third quarter. The position accounts for 1.38% of the fund’s 3Q14 portfolio. Michaels is the largest arts and crafts specialty retailer in North America.

    By Diana Key
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