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Retail DetailRetail DetailCNBC Reporter Margaret Brennan gives her insight into the retail business Articles
Rebate Checks Boost Retail, But How Long Can It Last?
2008-06-05 20:35:00 Posted By:Margaret BrennanHow long can a slow economy mean good times at Wal-Mart? The company is betting that the traffic boost from rebate checks will carry into June and that grocery sales will still be strong in the month ahead. That’s why they’re forecasting sales up between 2-4%. Read More Topics:Media | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Aeropostale Inc | Children's Place Retail Stores Inc | BJ's Wholesale Club, Inc. | Wal-Mart Stores Inc | Costco Wholesale Corporation | Target CorporationMEDIA:VIDEOPermalink More About: Long , Boost , Rebate
Retail Theft Up But Is Bad Economy The Cause?
2008-06-04 17:13:00 Posted By:Margaret BrennanAccording to the NRF, nearly two-thirds (63%) of retailers experienced an increase in online resale of stolen items or "e-fencing" during the past 12 months. Maybe this illegal online market is booming because consumers are now comfortable with buying from eBay or unknown merchants if the price is right. Read More Topics:Consumers | Retail SalesSectors:Personal and Household Goods | RetailMEDIA:PHOTO Permalink More About: Economy , Theft
Sears' Earnings: The Numbers Really Weren't Much Of A Surprise
2008-05-29 19:34:00 Posted By:Margaret BrennanSears Holdings Chairman Eddie Lampert himself said that he didn’t see a near-term turnaround in the consumer economy and admitted that sales were below where the company wanted them to be. Read More Topics:Earnings | Stock Market | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Sears Holdings CorpMEDIA:PHOTO Permalink More About: Numbers
Retailers "Re-Tooling" In Down Economy: Your Emails
2008-05-28 21:27:00 Posted By:Margaret BrennanLast week I posted some features on interesting ways that retailers are refocusing to foster growth during this period of contraction. Far and away the most viewer email came in response to my feature on Texas Roadhouse. Read More Topics:Stock Market | Consumers | Retail SalesSectors:Food and Beverage | RetailCompanies:Mortons Restaurant Group Inc | Ruth's Chris Steak House Inc | Texas Roadhouse IncPermalink More About: Economy , Emails , Retailers
Wal-Mart's New Strategy: Be Just Like Your Local Store
2008-05-23 20:18:00 Posted By:Margaret BrennanThe strategy: grow Wal-Mart’s stores by narrowing their focus. While some communities have resisted Wal-Mart’s entry, the retailer reached out to the Dearborn community to see what products would be appropriate and well-received on their shelves. Read More Topics:Advertising | Marketing | Consumers | Retail SalesSectors:Personal and Household Goods | Food and Beverage | RetailCompanies:Wal-Mart Store s IncMEDIA:PHOTO | VIDEOPermalink More About: Strategy , Local
Retail's Dirty Little Secret: Empty Store Space
2008-05-22 19:47:00 Posted By:Margaret BrennanDriving around Southern California’s Ventura and Los Angeles counties, we saw many of those boarded up stores or “for lease” signs in small businesses. In Oxnard, California the local retail organization told me that these areas are getting “redeveloped” but store owners were much less optimistic. Read More Topics:Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Ethan Allen Interiors Inc | Office Depot Inc | Nordstrom Inc | Home Depot Inc | Costco Wholesale Corporation | Target CorporationMEDIA:PHOTO | VIDEOPermalink More About: Space , Store , Dirty , Secret , Empty
Texas Roadhouse CEO "Spots" Strategy To Cut Cattle Costs
2008-05-20 17:18:00 Posted By:Margaret BrennanBeef makes up almost half of Roadhouse’s cost of goods. When Hart noticed a spread in the cash and futures prices for beef this past September, he decided to start purchasing 25% of the company’s beef supply from vendors at spot market prices instead of via long-term contracts with vendors. Read More Topics:Commodities | Consumers | Retail SalesSectors:Food and Beverage | RetailCompanies:Ruth's Chris Steak House Inc | Mortons Restaurant Group Inc | Texas Roadhouse IncMEDIA:PHOTO Permalink More About: Strategy , Spots , Costs
Sears' Softer Side: Notes From Shareholders' Meeting
2008-05-16 19:49:00 Posted By:Margaret BrennanWithout further delay, here are the notes from the Sears shareholders' meeting. A number of Retail Detail readers wrote in to ask when I'd make good on my promise to post notes from the Sears meeting. Sorry for the delay! Here goes. Read More Topics:Media | Marketing | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Netflix Inc | Sears Holdings CorpMEDIA:PHOTO Permalink More About: Shareholders , Notes , Side , Meeting
Keeping My Eye On Consumers
2008-05-14 19:18:00 Posted By:Margaret BrennanPhiladelphia, Chicago, Detroit, Los Angeles, Ventura, CA, New York. For the past week, I’ve been traveling around the country and keeping an eye on consumers across America. Each region faces its own unique challenges with gas prices fluctuating from market to market and housing prices also shifting. Read More Topics:Consumers | Retail SalesSectors:RetailCompanies:Sears Holdings Corp | Macy'sPermalink
Retail Sales: Call It A Comeback? Maybe For Just One Day
2008-05-08 19:32:00 Posted By:Margaret BrennanL.L. Cool J put it best: “Don’t call it a comeback!” While the 80s/90s rapper is far from a retail analyst (he does have his only clothing line though), the idea best describes what I took away from same store sales results for the month of April. Read More Topics:Consumers | Retail Sales Sectors:Personal and Household Goods | RetailCompanies:Saks Incorporated | Wal-Mart Stores Inc | Costco Wholesale CorporationMEDIA:PHOTO | VIDEOPermalink More About: Call , Comeback
Same Store Sales: A Case of Rebate Check And Easter "Inflation"?
2008-05-07 19:35:00 Posted By:Margaret BrennanA bright but brief relief to retailers will come tomorrow in same store sales figures. The International Council of Shopping Centers is predicting the strongest performance since February. But don’t get too excited--it's all relative. Read More Topics:Consumers | Retail Sales Sectors:Personal and Household Goods | RetailCompanies:Sears Holdings CorpMEDIA:PHOTO Permalink More About: Easter , Inflation , Store , Check
Sears Chairman Lampert Getting The Warren Buffett Treatment?
2008-05-05 19:00:00 Posted By:Margaret BrennanIt is fitting that Sears ' annual shareholders' meeting is being held around the same time as the Berkshire Hathaway gathering. Eddie Lampert, Chairman of Sears, not only says that Warren Buffett inspired his investing sensibilities. Lampert is also compared to the "Oracle of Omaha." Read More Topics:Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Sears Holdings CorpMEDIA:PHOTO | VIDEOPermalink More About: Treatment
Home Depot's Challenge: Improve Shopping While Offering "Less"
2008-05-01 19:58:00 Posted By:Margaret BrennanIt shouldn’t be a surprise to anyone that Home Depot is closing stores. The home improvement retailer has been suffering from the same illness as the housing market. In fact, Wall Street had a positive view on the news that HD spaceris closing 15 stores and canceling plans to open 50 new locations. Read More Topics:Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Home Depot IncMEDIA:PHOTO | VIDEOPermalink More About: Shopping , Challenge , Improve
Wal-Mart "Banking" On Your Stimulus Rebate Check
2008-04-29 14:51:00 Posted By:Margaret BrennanWal-Mart is doing what none of its competitors can do to gain its share of the $106 billion in economic stimulus check rebates that Americans will be receiving over the next few weeks. The world's biggest retailer Wal-Mart will: Read More Topics:Consumers | Retail SalesSectors:Personal and Household Goods | Food and Beverage | RetailCompanies:Kroger Co | Supervalu Inc | Sears Holdings Corp | Wal-Mart Stores IncMEDIA:PHOTO | VIDEOPermalink More About: Banking , Check , Wal Mart
'Retail Rebate' for Stimulus-Check Shoppers
2008-04-24 21:51:00 Posted By:Margaret BrennanWhat would you do with $600? If you're an American making $75,000 or less, you'll be receiving a rebate check in that amount by the end of May. Spend that payout on groceries at Kroger or Supervalu and those stores plan to give you some extra cash on top of that government money... Read More Topics:Marketing | Stock Market | Consumers | Retail SalesSectors:Food and Beverage | RetailCompanies:Wal-Mart Stores IncPermalink More About: Check , Rebate , Shoppers
Spending Green: Will Consumers Pay More To Be Eco-Friendly?
2008-04-21 21:01:00 Posted By:Margaret BrennanIt costs consumers more to buy ‘green’ or eco-friendly products. But retailers are hoping that consumers’ conscience will override price-consciousness when it comes to buying these green lines. Read More Topics:Advertising | Marketing | Consumers | Retail SalesSectors:Personal and Household Goods | Food and Beverage | RetailCompanies:Whole Foods Market Inc | Supervalu Inc | Wal-Mart Stores IncMEDIA:PHOTO Permalink More About: Green , Spending , Friendly
Your Stimulus Check: Sears Has Plans For It, If You Don't
2008-04-16 19:29:00 Posted By:Margaret BrennanCash your stimulus check at Sears and the company will give you a bonus gift card worth 10 percent of that check. What's the catch? You have to cash your entire check and trade it in for a giftcard that has to be redeemed at a Sears, Kmart or a Land's End sometime between May 14 and July 19th. Read More Topics:Advertising | Marketing | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Sears Holdings Corp | Wal-Mart Stores Inc | Target CorporationMEDIA:PHOTO Permalink More About: Check , Plans
Blockbuster And Circuit City: Most Of You Are Skeptics
2008-04-15 17:26:00 Posted By:Margaret BrennanMost Retail Detail readers are skeptical about Blockbuster 's attempted takeover of Circuit City . Carl Icahn is financing this deal but Circuit City management seems to be resisting it. What's interesting is that Circuit City is now in play. Read More Topics:Mergers & Acquisitions | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Circuit City Stores Inc | Blockbuster IncPermalink More About: Skeptics
Blockbuster's Offer For CC: There Are So Many Questions
2008-04-14 19:29:00 Posted By:Margaret BrennanWhew.. what a morning. I've been reporting on Blockbuster's surprise $1 billion surprise offer for Circuit City. A lot of interesting questions to ponder here, including: Why would Carl Icahn choose to finance the $1 billion Blockbuster bid? Why wouldn't Blockbuster just join in a partnership with Circuit City in order to gain access to the customer list? Read More Topics:Consumers | Retail SalesSectors:RetailCompanies:Best Buy Co Inc | Circuit City Stores Inc | Blockbuster Inc | Wal-Mart Stores IncPermalink More About: Questions , Offer
What Shopping In A Recession Looks Like
2008-04-10 20:45:00 Posted By:Margaret BrennanRetail sales results were almost universally in the red in March--but--retail stock prices were trading in the green. Why? Many on Wall Street were prepared for the weakest sales results in 13 years and that is indeed what we got on Friday. Read More Topics:Recession | Stock Market | Consumers | Retail SalesSectors:Personal and Household Goods | Media | RetailCompanies:Dillards Inc | JC Penney Company Inc | Saks Incorporated | Kohls Corp | Wal-Mart Stores Inc | Costco Wholesale Corporation | Target CorporationMEDIA:PHOTO | VIDEOPermalink More About: Shopping
Circuit City Facing Bad Economy And Self Inflicted Wounds
2008-04-09 20:36:00 Posted By:Margaret BrennanI was listening to the Circuit City conference call this morning and one headline really jumped out. Management said that the company is "assuming a recession in the first half of the year and a soft economy in the second half." Read More Topics:Media | Advertising | Marketing | Stock Picks | Stock Market | Stock Buybacks | Stocks on Sale | Consumers | Retail SalesSectors:Personal and Household Goods | Media | Food and Beverage | RetailCompanies:Ann Taylor | Home Depot Inc | Wal-Mart Stores Inc | Costco Wholesale Corporation | Target Corporation | Macy'sMEDIA:PHOTO Permalink More About: Economy , Circuit City , Facing
What's Driving Online Retail?
2008-04-09 00:00:00 Posted By:Margaret BrennanIs online retail the only avenue of real growth in this sector? Keep in mind that this part of the market still only represents 7 percent of overall sales. But online retail is bigger than ever. Internet sales are benefitting from the same headwinds that that are hurting sales at brick and mortars. Read More Topics:Media | Advertising | Marketing | Stock Market | Consumers | Retail SalesSectors:Media | RetailMEDIA:PHOTO | VIDEOPermalink More About: Driving , Online
Lululemon CEO--Old And New--"Stress" High End Product Success
2008-04-03 20:10:00 Posted By:Margaret BrennanWhen you're stressed, do you hit the bar or hit the gym? Do you drink whiskey or wheatgrass? Lululemon Athletica's incoming CEO Christine Day says that one strategic advantage of the high-priced yoga wear line is that during an economic downturn, people choose things to relieve that stress--like working out. Read More Topics:CEOs and CFOs | Advertising | Marketing | Stock Market | Consumers | Retail SalesSectors:Personal and Household Goods | RetailMEDIA:PHOTO Permalink More About: Product , Success , Stress , High
Lululemon Finds "Mantra" In A Niche Market
2008-04-02 19:09:00 Posted By:Margaret BrennanRevenge is bittersweet for Lululemon Athletica. Short interest in the stock is at 21 percent of the float right now and today's rally may have something to do with short covering. That said, investors who subscribe to Credit Suisse analyst Paul Lejeuz's thinking (his rating is outperform) would say that this yoga wear company has earned the right to a rally. Read More Topics:Media | Stock Market | Consumers | Retail SalesSectors:Personal and Household Goods | Media | RetailMEDIA:PHOTO | VIDEOPermalink More About: Niche , Mantra
Woody Allen v. Dov Charney
2008-04-01 00:05:00 Posted By:Margaret BrennanAmerican Apparel's t-shirts and clothing better continue selling like hotcakes... because the legal bills at this retailer/manufacturer must be astronomical. Now, filmmaker and iconic NY curmudgeon Woody Allen has filed a $10 million lawsuit against American Apparel... Read More Topics:Media | Advertising | Marketing | Stock Picks | Stock Market | Consumers | Retail SalesSectors:Media | RetailCompanies:Costco Wholesale CorporationMEDIA:PHOTO Permalink More About: Woody Allen
Cody Ross: Former Hedge Fund "Guy" Turns Fashion Designer
2008-03-31 19:45:00 Posted By:Margaret BrennanStarting up a clothing business during an economic downturn is a challenge. These days having experienced navigating the tumultuous foreign exchange, commodity markets and consumer spending obstacles is probably of more use than years spent in fashion design school! Read More Topics:Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:JC Penney Company Inc | Macy'sMEDIA:PHOTO Permalink More About: Fashion , Designer , Fund , Hedge , Ross
American Apparel CEO Charney Gets Video Spoofed
2008-03-26 18:23:00 Posted By:Margaret BrennanWhat other clothing stores/manufacturer besides American Apparel and their controversial CEO Dov Charney could inspire a viral video spoof/tribute? Check out this music video on myspace by Montreal-based band Hollerado. Read More Topics:MediaSectors:MediaPermalink More About: Video , American Apparel
American Apparel's Great Sales Numbers, But Big Legal Problems
2008-03-25 20:23:00 Posted By:Margaret BrennanI was traveling in LA back on St. Patrick's Day and didn't get a chance to blog about American Apparel's Q4 earnings when they were reported on March 17th. As we mentioned on this blog, same store sales were expected to be up an impressive amount and they certainly were: + 40 percent. Read More Topics:Consumers | Retail Sales Sectors:RetailMEDIA:PHOTO Permalink More About: Great , Legal , Problems
Tiffany: Time For "Breakfast," Or a Brown Bag Lunch?
2008-03-24 19:55:00 Posted By:Margaret BrennanHigh end sales are the last to fall off going into a downturn and the first to pickup coming out of a recession. So what does Tiffany 's spacer better than expected earnings tell us about where we are in the middle of those two options? Read More Topics:Earnings | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Nordstrom Inc | Saks Incorporated | Tiffany and CoMEDIA:PHOTO | VIDEOPermalink More About: Breakfast , Lunch , Time , Brown
Best Buy's $10 Million Hit Over Blu-ray Shows Master PR
More articles from this author:2008-03-19 17:51:00 Posted By:Margaret BrennanBreak out the spandex, the high waisted pants with big belts and the big jewelry--but keep the spiral perms please. Not since the betamax-vhs battles of the 1980s have the tech and entertainment wars over video format been this heated. Read More Topics:Media | Marketing | Consumers | Retail SalesSectors:Personal and Household Goods | RetailCompanies:Best Buy Co Inc | Circuit City Stores Inc | Home Depot Inc | Wal-Mart Stores Inc | Target CorporationMEDIA:PHOTO Permalink More About: Master , Million 1, 2, 3, 4, 5, 6 |
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