Posts filed under “Retail”

Discounts, Luxury Sales, and the Consumer (JCP, BBY et. al.)

It has been a confusing few weeks for followers of the retail sector. A mix of disappointing earnings (See Best Buy, J.C. Penny’s and Sears) along with pockets of luxury strength plus strongly trending auto sales has created a jumble. Let’s see if we can make some sense of the entire mess.

Let’s start with the tales of the American consumer’s demise. The early read from the National Retail Federation (You remember them) was for retail sales to drop 2.7% on Black Friday, and for gloomy holiday sales.  Well, they reported this week that holiday sales rose 4.6% year-over-year (with the caveat I have no clue what their methodology actually is).  A nearly 5% increase is not exactly a gloomy sales season. This is consistent with Morgan Housel’s claim that everything is doing much better than a few years ago and no one is happy about.

 

Continues here

Category: Consumer Spending, Data Analysis, Retail

The Rise and Fall of Circuit City

Category: Economy, Retail, Think Tank

Complain Like a Pro

Uh-oh — some of the gifts did not work out okay? No worries, here’s a quick guide to getting a fair shake:   Source: WSJ

Category: Retail

Always Low Wages? Wal-Mart’s Other Choices

Yesterday, we looked at the benefit to McDonald’s of having its workers subsidized by state and federal aid. Today, its Wal-Mart’s turn. Recall our discussion last month on the related subject of “How McDonald’s and Wal-Mart Became Welfare Queens.” We learned that employees of these two companies are often the largest recipients of aid in…Read More

Category: Earnings, Retail, Wages & Income

Fannie Mae Didn’t Cause the Housing Crisis, Radical Ideologues Did

Source: Yahoo Finance

Category: Really, really bad calls, Regulation, Retail, Video

60 Minutes: The Future of Amazon

Amazon is the world’s largest online retailer, serving 225M customers. What’s next for the company that prides itself on disrupting tradition?

Amazon’s Jeff Bezos looks to the future

Category: Retail, Video, Web/Tech

WaPo: Beware Bad Shopmas data!

> My Sunday Washington Post Business Section column is out. This morning, we look at the retail theater that is Black Friday:  Beware of bad Shopmas data! Here’s an excerpt from the column: “The news media aren’t any better. They breathlessly cover shopping as if it were an Olympic event. The big-box retailers play right…Read More

Category: Apprenticed Investor, Consumer Spending, Really, really bad calls, Retail

Ignore the Black Friday “Giant Hypefest & Consumer Orgy”

Source: Yahoo Finance

Category: Consumer Spending, Media, Retail

Cell Phone Tracking Customers in Retail Stores

It appears to be anonymous, although I doubt it will stay that way:

Big Data Hits Real Life

July 14, 2013By Erica Berenstein

Brick-and-mortar stores are looking for a chance to catch up with their online competitors by using software that allows them to watch customers as they shop, and gather data about their behavior.

Category: Retail, Video

Technology & Retail Obsolescence

I forgot to publish my Bloomberg appearance this past week — here are two of the segments, mostly on retail and obsolescence:

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Category: Media, Really, really bad calls, Retail, Technology, Valuation, Video