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.
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.
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.
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.
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.
Early this year, Amazon (AMZN) introduced the Amazon Prime Rewards Visa Signature Card, a loyalty credit card program aimed exclusively at its Prime shoppers.
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.
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 […]
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 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%.
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.
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%.
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.
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.
The decline in the Bloomberg Consumer Comfort Index is unfavorable for department stores. Consumer sentiment about the economy influence consumer spending on discretionary items.
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.
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.
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.
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.
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.
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).
