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Sears Holdings (SHLD) has received approval from the US Bankruptcy Court to go ahead with the potential sale of its top 400 stores.

Sears Holdings (SHLD) has reportedly received a $60 million offer for its home improvement business from Service.com.

Sears filed for protection under Chapter 11 of the United States Bankruptcy Code. Sears stock has lost more than 88.6% of its value in 2018.

JCPenney stock rose 9.6% in after-hours trading on October 2 following the announcement that Jill Soltau will be the company’s new CEO.

Sears Holdings (SHLD) has received a restructuring proposal from ESL Investments, which is headed by Sears CEO Edward Lampert.

On September 13, Sears stock was trading 21.5% higher in extended trading after the company announced its second fiscal quarter earnings.

On August 28, Sears announced that it had rolled out its ship-to-store tire solution in partnership with Amazon across its entire store base.

On August 23, Sears Holdings (SHLD) stock fell more than 5.9% after the company announced that it will shut down 46 more stores in November.

In its second-quarter 2018 earnings conference call, Simon Property (SPG) stated that it will continue investing in the redevelopment and expansion of its properties.

Simon Property Group (SPG) has been putting a lot of focus on the redevelopment and expansion of its properties.

Sears Holdings (SHLD) has pruned the workforce at its corporate offices in Hoffman Estates. In June, the company fired 200 employees.

Sears has been on a store closing spree as it tries to contain rising costs.

Department store retailer Sears (SHLD) fell 12.5% on May 31 after reporting its fiscal first-quarter results.

Sears Holdings (SHLD) stock was trading 10.3% lower at 7:33 AM EST after announcing its first-quarter earnings today.

Lowe’s Companies, Inc. (LOW) is hiring J C Penny Company Inc.’s (JCP) CEO Marvin R. Ellison as its President and CEO, effective July 2. Here’s what you need to know.

As of May 15, Sears Holdings’ (SHLD) stock is down 2.2% to $3.50 on a YTD (year-to-date) basis.

Sears Holdings (SHLD) is expected to announce first-quarter results on May 23.

Sears Holdings (SHLD) is expected to report a revenue decline of 33.6% to $2.9 billion in the first quarter.

On May 14, Sears stock jumped 6.7% after the company’s announcement that it was considering the sale of some of its assets.

On May 9, Sears Holdings (SHLD) stock jumped 15.9% to $3.20 on the news of a partnership with Amazon (AMZN).

In an environment where retailers ranging from Macy’s (M) to JCPenney (JCP) to Sears (SHLD) are closing stores to cut down costs, Five Below is on a store opening spree.

Deckers (DECK) is emphasizing retail store closures despite labeling them as a vital component of the company’s omnichannel strategy.

Sears Holdings (SHLD) has been in murky waters for quite some time now.

Sears Holdings’ stock price fell 6.6% on March 15, 2018, following the announcement of its fiscal 4Q17 results on March 14.

On February 15, 2018, Sears Holdings (SHLD) announced a financial update for its fiscal 4Q17.

Sears Holdings (SHLD) has been selling both its real estate and some of its brands to pay down debt.

Sears Holdings (SHLD) has been obtaining debt financing from several lenders in order to stay afloat.

To improve productivity, Sears Holdings (SHLD) has been downsizing its store footprint by closing unprofitable stores as well as opening new smaller format stores.

In this series, we’ll study Sears’s meteoric rise and its equally dramatic fall. We’ll also look at the efforts the beleaguered retailer has made to stay afloat and the impact of these efforts on its financial performance.

Walmart is closing 63 Sam’s Club stores, which leaves it with 597 stores out of the current portfolio of 660 stores.

Stanley Black & Decker (SWK) is set to announce its 3Q17 earnings on October 24, 2017. As of October 18, 2017, analysts are expecting it to post revenues of $3.2 billion, a 9.4% rise YoY.

AWS’s revenues increased 43% to $3.66 billion, topping its revenues of $3.65 billion that analysts expected.

Early this year, Amazon (AMZN) introduced the Amazon Prime Rewards Visa Signature Card, a loyalty credit card program aimed exclusively at its Prime shoppers.

Amazon (AMZN) has announced plans to set up a $1.5 billion large air cargo facility at the Cincinnati/Northern Kentucky International Airport.

One of Amazon’s major cost drivers is shipping expenses. Net shipping costs increased 43% to $7.2 billion in 2016, up from $5.0 billion in 2015 and $4.2 billion in 2014.

During Amazon’s 4Q16 earnings call, the management didn’t offer a detailed explanation about how it would create the additional 100,000 full-time jobs it promised last month.

New Coppell warehouse in the works After Amazon (AMZN) pledged to create more than 100,000 new full-time US jobs over the next 18 months, Wall Street has been looking for clues on where the jobs will come from. It seems Amazon is betting on retail infrastructure expansion to produce the jobs it promised, which would […]

Whirlpool (WHR) reported 4Q16 net sales of $5.7 billion—a rise of 1.7% compared to net sales of $5.6 billion in 4Q15.

Whirlpool (WHR) fell 8.0% to close at $170.85 per share during the fourth week of January 2017.

Whirlpool (WHR) has a market cap of $13.0 billion. It fell 8.6% and closed at $173.94 per share on January 26, 2017.

Whirlpool (WHR) rose 0.74% to close at $166.84 per share during the fifth week of November 2016.

Evaluating Coach’s 1Q17 sales Coach (COH) reports revenues under two major segments – the Coach brand and the Stuart Weitzman brand. The Coach brand, the company’s primary business, accounts for more than 90% of its top line. The company reports its North American and international segments separately for the Coach brand. In this section, we’ll evaluate […]

Price movement Whirlpool (WHR) rose 4.0% to close at $167.18 per share during the third week of October 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 4.0%, 1.7%, and 15.8%, respectively, as of October 21. WHR is trading 2.8% above its 20-day moving average, 1.9% below its 50-day moving average, and […]

Price movement Whirlpool (WHR) has a market cap of $12.3 billion. It fell 0.44% to close at $162.29 per share on October 18, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 0.78%, 0.28%, and 12.4%, respectively, on the same day. WHR is trading 0.05% above its 20-day moving average, 5.5% below […]

Whirlpool (WHR) fell 0.01% to close at $162.16 per share during the fourth week of September 2016.

Whirlpool (WHR) has a market cap of $13.4 billion. It rose 1.9% to close at $169.92 per share on September 12, 2016.

Whirlpool (WHR) has a market cap of $13.8 billion. It fell by 0.55% to close at $180.58 per share on August 25, 2016.

Whirlpool (WHR) has a market cap of $13.9 billion. It fell by 1.0% to close at $183.02 per share on August 16, 2016.

Whirlpool rose by 1.4% to close at $190.26 per share on July 25, 2016. The stock’s weekly, monthly, and YTD price movements were 6.9%, 6.4%, and 31.1%.

Whirlpool (WHR) has a market cap of $14.2 billion. It rose by 2.7% to close at $187.61 per share on July 22, 2016.

Whirlpool (WHR) has a market cap of $13.4 billion. It fell by 1.1% to close at $174.43 per share on June 16, 2016.

Whirlpool (WHR) has a market capitalization of $12.9 billion. It fell by 1.1% to close at $166.98 per share on May 18, 2016.

According to data from Lipper, leveraged loan funds saw an inflow for the second consecutive week. The quantum of inflows came in at $176 million last week.

Whirlpool (WHR) has a market cap of $13.1 billion. WHR rose by 1.7% to close at $168.84 per share as of March 15, 2016.

Whirlpool reported fiscal 4Q15 net sales of $5,560.0 million—a fall of 7.4% compared to net sales of $6,003.0 million in fiscal 4Q14.

Whirlpool (WHR) has a market cap of $11.9 billion. WHR rose by 1.8% to close at $154.55 per share as of February 26, 2016.

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%.

In the last fiscal year, Nordstrom’s revenue growth was 7.7%, a substantial number when compared to its peers.

Nordstrom’s stock has been performing quite well on Wall Street, increasing 30.4% in the last three years.

Increase in consumer income and spending is highly positive for the SPDR S&P Retail ETF, which has exposure to 101 of the country’s retail stocks.

On September 8, Macy’s partnership with Best Buy was announced. Macy’s will open licensed Best Buy shops within ten of its stores.

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.

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%.

The US Census Bureau’s latest report revealed a 0.8% decline in July US department store sales, compared to June 2015. Sales showed YoY declines of 2.7%.

The Bloomberg Consumer Comfort Index is a future-looking index that gives Wall Street an idea about how confident consumers are in regards to the future of the economy.

Johnson Redbook attributes the strength it observed in the final week of June to hot weather, which triggered demand for summer merchandise.

The decline in the Bloomberg Consumer Comfort Index is unfavorable for department stores. Consumer sentiment about the economy influence consumer spending on discretionary items.

When it comes to online business, JCPenney (JCP) lags behind its peers like Nordstrom (JWN) and Macy’s (M).

Nordstrom, with a digital IQ of 148, is ranked the most digital-savvy department store by L2. Macy’s and Bloomingdale’s rank second and sixth, respectively.

At the Nomura conference, Macy’s chief financial officer, Karen M. Hoguet, said that the company believes in creating real value for its real estate.

If you opt for alterations after making an online purchase, a certified tailor from zTailors will arrive for a fitting at your home or office and complete the alterations within a week.

Macy’s 1Q15 earnings might be impacted by restructuring plans, investment in digital retailing channels, and costs related to store closings and openings.

With its restructuring, Best Buy will have a total of 192 locations across Canada—including 136 large-format stores and 56 Best Buy Mobile stores.

To counter competitive pressures, Sears Canada sold leases worth $400 million in 2013 and reduced its workforce by 3,000 employees.

Eddie Lampert, chairman and CEO of Sears Holdings, has made it clear that he intends to create value through monetizing the company’s real estate assets.

Treasury yields fell nearly across the curve in the week ending March 13, 2015. The start of the Eurozone bond buying program was the primary driver.

Nordstrom’s Rack stores sell clearance and end-of-season merchandise at deep discounts. Today there are 167 Nordstrom Rack stores across the US.

Macy’s increased sales through localization and buy-online-pick-up-in-store. Macy’s restructuring initiatives will close 14 stores lay off 2,500 workers.

Macy’s has embraced the fact that online shopping is crucial to its growth. It’s giving customers the choice to shop online, in stores, or via mobile apps.

Macy’s target consumers include Millennials. The company launched collections aimed at Millennials, including QMack, Maison Jules, and Bar III Carnaby.

According to the latest data provided by the U.S. Bureau of Labor Statistics, the unemployment rate was down by 1.1 percentage points in 2014.

The rise in these indices reflects positive consumer sentiment about the state of the economy. That means they’re willing to spend more.

As part of its turnaround strategy, Best Buy is also revamping its stores and trying to encourage more robust store traffic.

Best Buy’s growth rate in same-store sales had been negative since fiscal 2011. Efforts to optimize the shopping experience have changed that.

North America is the company’s largest segment, accounting for 65% of revenues, or $3.1 billion in fiscal 2014. It’s also Coach’s most profitable.

Fairholme purchased ~537,000 shares of Chesapeake Energy Corporation (CHK) for $12.3 million in 3Q14. It now accounts for 0.16% of the portfolio.

REITs are providing an average dividend yield of 3.5%, so investors are drawn to them. This is causing rich valuations and making REITs look overpriced.

Fairholme Capital lowered its position in Leucadia National in 2Q14. The position currently accounts for 4.14% of the fund’s portfolio.

The Carter’s brand was established in 1865. It’s known for high-quality apparel for children, ages newborn to seven.

The Bureau of Economic Analysis will release its personal income and outlays report for March on Thursday, May 1. The report measures individuals’ income and expenditure levels.

DE Shaw increased its position in specialty retailer Sears Holdings (SHLD) from 0.01% to 0.07% in 4Q 2013.

General Growth CEO Sandeep Mathrani spent a lot of time on the conference call discussing the impact of e-commerce on his company (and mall REITs in general).