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May 20, 2008Will Macys' Operating Earnings Continue to Decline.
Analysis of: Macy's Same-Store Sales Down 2.6% | www.jckonline.com
Author: Nicholas White, President, White & Co
Macys' performance is less one of a slowing economy, as much as it is about basic merchandising and value at the local and regional level. Here's why earnings may continue to decline at Macys.
May 20, 2008Will Stretched Consumers Drive Signet Sales Lower
Analysis of: Credit crunch hits middle classes | www.theretailbulletin.com
Author: Nicholas White, President, White & Co
Both Signet's short term sales growth and long term repositioning strategy may be in jeopardy as UK economy contracts. Here's why.
May 15, 2008Is Blue Nile STILL an Internet Growth Company?
Analysis of: Blue Nile shares rise as profit falls but beats expectations | news.moneycentral.msn.com
Author: Nicholas White, President, White & Co
Blue Nile continues to be priced as if it were a Internet growth company. Here's why that may be a mistake.
May 12, 2008The Mall Is Dead.."Long Live the New King"
Analysis of: J.C. Penney expansion plans include mall exodus | www.smartbrief.com
Author: Nicholas White, President, White & Co
The mall is dead, at least ins so far as ownership of the consumer is concerned. However, retailers have been slow to react. J. C. Penney is one company that sees the strength of a diversified real estate portfolio. Here's why retail companies that move off mall will be the winners...
May 9, 2008Is Signet Groups Better Performance Sustainable?
Analysis of: Signet Q1 group like-for-like sales down 2.5 pct | www.reuters.com
Author: Nicholas White, President, White & Co
Signet's improved first quarter performance may not translate in to stronger performance this fall. Here are just a few of the reasons why.
May 9, 2008The Liquidation of Zale
Analysis of: UPDATE 1-Zale 3rd-qtr sales up but expects loss | www.reuters.com
Author: Nicholas White, President, White & Co
Zale traded margin for sales growth and still expects to lose 40 cents to 45 cents per share in its third quarter. The question for investors is can the company improve sales and profitability during Christmas 2008 (FY 2009) using the same underlying tactics? Here's why investors...
May 7, 2008Sears Could Get a Second Chance as the Recession Evolves.
Analysis of: Sears Braces For Spending Slump | online.wsj.com
Author: Nicholas White, President, White & Co
Chairman Lampert would have prospective investors believe Sears' problems are because of the recession. That's understandable, since he isn't likely to admit that he blew it squandering billions on overvalued stock buy backs, while reducing its retail business to the worst operation in the...
May 6, 2008
Kiss and Punch is the new game for advertisers and agencies
Analysis of: Kiss and Punch | www.forbes.com
Author: GLG Expert Contributor
Analysis of: Kiss and Punch | www.forbes.com
Author: GLG Expert Contributor
The days of trust between the ad agency and the technology advertiser will be a thing of the past. Gone will be those days when technology companies could give robust product roadmaps to their ad agencies trusting that they will not turn the table and use that information to negoatiate a better...
May 6, 2008Every Retailer Has Something to Gain From Amazon's Lawsuit over Collecting NY Sales Taxes
Analysis of: Amazon suing New York state over new sales tax law. | today.reuters.com
Author: Nicholas White, President, White & Co
Amazon's lawsuit may be more about the viability of sales and use taxes to collect state revenue than about one e-commerce company collecting New York sales tax. Here's why.
May 5, 2008More Bad New For Retail Investors?
Analysis of: Confidence Falls to Lowest Level in 26 Years | www.nytimes.com
Author: Nicholas White, President, White & Co
While early first quarter earnings have been better than expected and liquidity has improved in the credit markets, there is no sustainable consumer spending rebound insight. That's bad news for retailers and investors alike.
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