Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Escalating Gold Prices Means Less Shine for All Jewelers, Especially Zale
September 8, 2009
Gold shines, topping $1,000 | articles.moneycentral.msn.com
Profitable jewelers like Kay and unprofitable ones like Zale will be adversely affected by higher gold prices. Here's more.
Back To School Retail Winner: The Buckle
August 31, 2009
Youth Trends Shopper Insights Q2 Analysis | www.youth-trends.com
Are there any retail winners for Back To School '09? You bet...ever hear of The Buckle?
August 27, 2009
KKR’s Dollar General Files for $750 Million IPO as S&P Advances | www.bloomberg.com
Beneficiaries of the depth of the recession, poor responses by mass merchants and alterations in consumer perceptions, Dollar Stores in general may be peaking in value now, not showing potential for upside during an economic rebound.
Sears Cannot Save Its Way Out of Mounting Problems
August 20, 2009
Sears shares plunge on surprise 2Q loss | finance.yahoo.com
The second quarter "surprise" loss by Sears may now become the order of the day. Opportunities continue to be squandered as this once greater retailer looks more and more like a rudderless ship. Continuing efforts to cut costs and reduce inventories do nothing to bring customers into the stores. Without new customers and customers who keep coming back, Sears is headed toward an unfortunate and untimely end.
How does Best Buy compete against baked bean promotions?
August 17, 2009
Walmart’s Profit Tops Analysts’ Estimates on Cost Reductions | www.bloomberg.com
In their recent earnings report, WalMart said "The chain also attracted more customers, helped by price reductions on its Sam's Choice Black Angus beef patties, baked beans and flat-panel televisions to lucre customers." Beef patties, baked beans and flat-panel TVs?? Never before have these three items come together to deliver favorable earnings results -- is this part of the "new normal", and if so, how does Best Buy compete with that?
Consumer Spending & Income Trends- Mixed Messages Challenge Retail Manufacturers
August 17, 2009
U.S. Consumer Spending Rises But incomes fall | www.industryweek.com
US consumer spending rose as household income dropped in June. This inconsistent message could create inventory & service planning nightmares during the 4th Quarter Retail season. How will this impact Global Logistics Operators?
Can Retailers Compete With Government's "Crown Corporations”?
August 14, 2009
US EARNINGS WRAP: Wal-Mart Profit Flat, Kohl's Down 3% | online.wsj.com
Retailers now face competition from what Europeans call "Crown Corporations", i.e., companies that are controlled by the government, like General Motors and Chrysler. Here's why retailers are likely to be the losers.
Credit Contraction Threatens Jeweler's Sales Recovery
August 12, 2009
Consumer Credit Contraction Shows No Sign of Slowing | seekingalpha.com
Growing, not shrinking, problems threaten any fall recovery for retailers in general and jewelers specifically. Here is more.
August 10, 2009
Zale Corporation Announces Real Estate Realignment | www.reuters.com
Zale hastily closes 118 stores in the 4th quarter. But, is it panic or a part of plan? Here's more.
Finlay's (FNLY) Demise, Elegy for Big Jewelry Chains
August 7, 2009
Finlay Enterprises, Inc. Files for Protection Under Chapter 11 | www.google.com
Finlay's bankruptcy illustrates several fundamental challenges in managing large jewerly store chains. Here's more.
Does Escalating Gold Prices Mean Fine Jewelry is Underpriced?
November 13, 2009
2009 Holiday Retail Sales Forecast: Key Winners, Losers, Trends, Risks
November 8, 2009
Zale-Management's Last Chance?
September 19, 2009
Is Blockbuster Going the Way of Hollywood Video?
September 16, 2009
DeBeers Advertising-A Knotty Problem for the Diamond Industry
September 15, 2009