Nov. 13, 2014, 7:24 AM
Nov. 13, 2014, 7:05 AM
Nov. 12, 2014, 5:30 PM
Nov. 8, 2014, 9:25 AM
- Energy companies finally are starting to halt a few new U.S. drilling projects as oil prices fall, which Barclays believes may put the U.S. oil boom at risk but "on balance, we believe lower oil prices are good.”
- If strong U.S. energy growth is interrupted, spending in the sector could be cut by $40B, but consumers could save $70B next year as the price at the pump falls for gasoline and diesel, according to Barclays head of U.S. equity strategy Jonathan Glionna.
- The most likely beneficiaries would be discretionary areas such as restaurants, entertainment, apparel, electronics and furniture, he says.
- Glionna lists 27 stocks that could benefit from lower oil prices: AAL, AGCO, AXL, BERY, BLMN, BWLD, CHH, CLX, DE, DPZ, FDX, GM, HD, KMB, KR, KSS, MHK, MMM, PENN, PPG, SAVE, SHW, TGT, UPS, VAL, WMS, WMT.
Nov. 6, 2014, 1:27 PM
- Apparel seller Ann issued a warning today on the impact of labor uncertainty at West Coast ports as part of its Q4 guidance.
- The retailer expects $8M in extra air freight costs due to product shipment delays.
- There's also been some reports of delays at ports in the Seattle and Tacoma area which account for 16% of container cargo traffic on the West Coast.
- Analysts fret that more companies will resort to air freight to ensure stores are stocked in front of the Black Friday rush.
- Apparel and footwear stocks: SKX, FL, VRA, ICON, NKE, WWW, DECK, CROX, SHOO, BWS, KATE, ANN, PERY, LULU, RL, PVH, VNCE, CRI, UA, HBI, VFC, COLM, KORS, GIL, SQBG, JCP, KSS, DDS, M, JWN, RL.
Oct. 31, 2014, 1:21 PM
- The odds aren't good for a national roll-out of smartphone payments solution CurrentC, according to USA Today's Jeff Graham.
- The retail consortium admitted to a hacking incident earlier this week and has lost momentum with Apple Pay dominating headlines.
- Inside the network, Meijer broke ranks with fellow MCX members by moving to accept Apple Pay with its hardware.
- CurrentC was created to help the retail industry bypass credit card fees.
- Partial list of MCX members: LUV, GPS, DNKN, KR, TGT, WMT, BBBY, KSS, SHLD, WEN, BBY.
Oct. 31, 2014, 11:34 AM
Oct. 28, 2014, 9:13 AM
Oct. 27, 2014, 5:57 PM
- With October sales having been "softer than the balance of the quarter," Kohl's (NYSE:KSS) expects to report a 1.4% Y/Y drop in FQ3 comparable sales. FY14 (ends Jan. '15) sales are now expected to be at the low end of a $4.05-$4.45 guidance range; consensus is at $4.30.
- FQ3 children's comparable sales are expected to be up Y/Y, but other segments are expected to be down. Kohl's forecasts a 30%+ increase in e-commerce sales.
- The guidance cut comes ahead of Kohl's Wednesday investor conference.
Oct. 27, 2014, 5:40 PM
Oct. 25, 2014, 12:34 PM
- Labor issues and a shortage of trucking equipment at the critical port complex in the Long Beach, California region threaten to disrupt shipments of holiday products to retailers.
- Delays are running up to two or three weeks, according to port officials.
- What to watch: Retailers potentially impacted by the port turmoil include Wal-Mart (NYSE:WMT), Macy's (NYSE:M), Kohl's (NYSE:KSS), J.C. Penney (NYSE:JCP), Ralph Lauren (NYSE:RL), American Eagle Outfitter (NYSE:AEO), Nordstrom (NYSE:JWN), and Carter's (NYSE:CRI).
Oct. 15, 2014, 10:56 AM
- There's a promising forecast out from retail watchers Verdict on the department store sector.
- The research firm forecasts growth of 22% to $450B as emerging markets drive gains.
- What to watch: British and U.S. chains have an advantage over continental European operators which have been slower to invest in e-commerce.
- Department stores: M, OTCQX:MAKSY, OTCPK:DBHSY, KSS, JWN, DDS, JCP, LB, TLYS, SHLD
Oct. 7, 2014, 8:05 AM
- The National Retail Forecast forecasts holiday sales will increase by 4.1% this season.
- The mark doesn't includes sales from the auto, gas, and restaurant categories.
- Holiday sales haven't risen at a +4% clip since 2011.
- Online sales are pegged for a 8% to 11% rise this holiday season to top last year's 8.6% gain.
- Related stocks: AMZN, TGT, WMT, BBY, M, GPS, JWN, KSS, LULU, ANF, AEO, URBN, DKS, CAB, NKE, LB.
- Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, FXD, FDIS, SCC, UCC, PMR, UGE, RCD, SZK
Sep. 24, 2014, 8:13 AM
- Retail sales could increase by 4.5% to $986B this holiday season on an improved macroeconomic backdrop, forecasts Deloitte Touche.
- The mark would easily top last year's 2.8% rise.
- Online sales are tipped to rise by 14%.
- Promotional activity across broad retail has been dialed back a touch during the back-to-school season, but is still a risk to margins heading into the crucial shopping period.
- What to watch: This holiday season could be an operational pressure cooker for UPS (NYSE:UPS) and FedEx (NYSE:FDX) with demand expected to be high.
- Related stocks: AAP, AEO, ANF, BBBY, BBY, BJ, CHS, COH, COST, DG, FDO, FL, GPS, JCP, JNY, JWN, KSS, LB, LULU, M, NDN, PIR, RL, TGT, TIF, TJX, UA, URBN, VFC, WMT, ZLC, PERY, SQBG, VNCE, KORS, GIII, KATE, GIL, VRA, ICON, PSMT, AMZN.
- Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, PMR, UGE, RCD, SZK
Sep. 18, 2014, 7:31 AM
Sep. 17, 2014, 9:36 AM
Kohl's Corp operates department stores that sell moderately priced exclusive and national brand apparel, footwear, accessories, beauty and home products. Its website includes merchandise available in stores, and merchandise available only on-line.
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