SHFL Entertainment Inc
Latest SHFL Entertainment Inc News and Updates
Key Department Store Stocks Underperform in the Market
As of September 4, department store stocks for Macy’s fell by 11.1% since the start of 2015. Despite 1H15 sales growth, Nordstrom’s stock also fell by 7%.
Must-know update: DE Shaw increases its position in Sears Holdings
DE Shaw increased its position in specialty retailer Sears Holdings (SHLD) from 0.01% to 0.07% in 4Q 2013.
Sears Holdings’ Revenue Fell, Income Rose in Fiscal 3Q15
Sears has a market cap of $2.0 billion. Its YTD price movement both rose and fell in fiscal 2015. After it released its fiscal 3Q15 report, SHLD fell by 6.9%.
Breaking Down Nordstrom’s Revenue Growth
In the last fiscal year, Nordstrom’s revenue growth was 7.7%, a substantial number when compared to its peers.
Key Product Categories for the Back-to-School Season
Let’s take a look at some product categories that benefit from the back-to-school season. They include clothing and accessories, electronics or computer, shoes, and school supplies.
Macy’s target consumers: Do they make a difference?
Macy’s target consumers include Millennials. The company launched collections aimed at Millennials, including QMack, Maison Jules, and Bar III Carnaby.
Best Buy sees better same-store sales in 3Q 2015
Best Buy’s growth rate in same-store sales had been negative since fiscal 2011. Efforts to optimize the shopping experience have changed that.
Renew blue: Best Buy’s turnaround strategy
As part of its turnaround strategy, Best Buy is also revamping its stores and trying to encourage more robust store traffic.