Wed, Jan. 21, 3:48 PM
- Victoria's Secret (LB +0.1%) will return to the Super Bowl on February 1 with a commercial slotted to air after the two-minute warning in the 4th quarter of the game. Supermodels are expected to be featured in the $4.5M (estimated) spot.
- The brand's return to the big event is aimed at driving a Valentine's Day sales boost.
- The exit of a few retail competitors could provide a minor benefit as well.
- Last year, Victoria's Secret saw comparable-store sales increase 3% on a flat direct comp with the second half of the year stronger than the first.
- What to watch: Standalone PINK stores could start to become meaningful for L Brands' bottom line in 2015.
Wed, Jan. 14, 11:43 AM
- Victoria's Secret (NYSE:LB) entered China this week with a different focus than the flashy lingerie it's known for in the U.S. and Europe.
- The company will sell luxury accessories and goods, fragrances, and beauty products.
- Three Victoria's Secret Beauty and Accessories stores opened this week in the nation and five more openings are planned for later in the month.
- It's believed the lack of lingerie at VS China is tied to apparel import policies and the more functional stance by women in China to the category.
Sun, Jan. 11, 10:44 AM
- The better-than-expected round of reports on holiday sales in the retail sector has improved the outlook on the profitability of chain stores, according to RetailDive.
- Teen Retailers: Out with dark lighting and logo-centric marketing and in with fast-fashion and online fulfillment. American Eagle Outfitters (NYSE:AEO), Aeropostale (NYSE:ARO), and Abercrombie & Fitch (NYSE:ANF) are finally pulling the right levers, according to analysts. Deb's Shops, Delia's, and possibly Wet Seal (NASDAQ:WTSL) won't be around to make the transition. It's Hail Mary time at American Apparel (NYSEMKT:APP).
- Department stores/specialty apparel: Smaller store counts and restructuring initiatives could be the theme in 2015 as mall traffic stays weak. RetailDive doesn't discount turnarounds at Sears Holdings (NASDAQ:SHLD) and J.C. Penney (NYSE:JCP). Gap (NYSE:GPS), Macy's (NYSE:M), and Urban Outfitters (NASDAQ:URBN) are viewed as ahead of the curve in setting their new agenda in place. Soft early comp compares and lower cotton prices could help lift Zumiez (NASDAQ:ZUMZ), Ann (NYSE:ANN), L Brands (NYSE:LB), Pacific Sunwear (NASDAQ:PSUN), and Express (NYSE:EXPR).
- Drugstores 2.0: Significant changes in the sector have given Walgreen Boots Alliance (NASDAQ:WBA), CVS Health (NYSE:CVS), and Rite Aid (NYSE:RAD) the room to grab more market share in healthcare and grocery. A much worse flu season in the U.S. than a year ago has helped the group get off to a good start.
- Previously: Holiday retail sales something of a revelation (Jan. 8)
Thu, Jan. 8, 7:03 AM
Dec. 10, 2014, 10:22 AM
- The S&P 500 Retail ETF (NYSEARCA:XRT) is up 0.3% today despite the negative action in the broader market.
- A forecast for sustained lower oil prices is the major reason for the upswing.
- Top 20 XRT holdings showing gains: Limited Brands (LB +0.6%), Whole Foods Markets (WFM +0.4%), Casey's General Stores (CASY +0.3%), Ross Stores (ROST +0.7%), Kroger (KR +0.9%), Advance Auto Parts (AAP +0.4%), Target (TGT +0.4%), Zumiez (ZUMZ +0.3%), CST Brands (CST +1.3%).
Dec. 9, 2014, 3:25 PM
- Analysts think the strong performance turned in by Victoria's Secret (NYSE:LB) in November will extend through the holiday season as store execution and assortment appear to be spot-on for the period.
- The best news in the mix for Victoria's is the steady improvement in merchandise margin amid a tough promotional environment.
Dec. 4, 2014, 9:13 AM| Comment!
Dec. 4, 2014, 7:14 AM
Dec. 1, 2014, 7:50 AM
- Comscore estimates e-commerce spending rose 32% on Thanksgiving Day to $1.01B and 26% on Black Friday to $1.51B.
- Most retail analysts are sticking with their forecast for 4.0%-4.5% growth for holiday sales this year, with early shopping and e-commerce making up for a dip in store traffic on Black Friday.
- Apparel sellers in particular came out with a stronger online push this year.
- Related stocks: OTCPK:AMZZ, EBAY, AEO, ANF, JCP, JNY, JWN, KSS, LB, M, URBN, PSUN, BKE, WTSL, GPS, FDX, UPS, DKS, BBY, LULU, KATE, VRA, SPLS.
Nov. 20, 2014, 9:12 AM
- Air fares rose 2.2% M/M in October, according to the underlying data from the Bureau of Labor Statistics. The development arrives just as jet fuel prices are moderating on forward contracts for carriers (LUV, JBLU, HA, ALK, ALGT, SAVE, AAL, DAL, UAL, RJET).
- Breakfast cereal prices rose 1.5% M/M in October. Though the gain could be due to a soft promotions-influenced comp from a year ago, sellers (GIS, K, POST) won't mind the relief.
- Another surprise might be the +4.3% average price rise in the women's dresses category. Ann (NYSE:ANN), L Brands (NYSE:LB), Cache (NASDAQ:CACH), Cato (NYSE:CATO), Chico's FAS (NYSE:CHS), and Ascena Retail (NASDAQ:ASNA) could be part of that improvement.
- BLS CPI table
Nov. 19, 2014, 4:32 PM
Nov. 18, 2014, 5:35 PM
Nov. 7, 2014, 9:39 AM
Nov. 6, 2014, 8:35 AM
Nov. 3, 2014, 4:49 PM
Oct. 27, 2014, 7:56 AM
- Bank of America Merrill Lynch upgrades L Brands (NYSE:LB) to a Neutral rating after having the stock slotted previously at Underperform.
- The investment firm says it's more comfortable that the retailer will hit estimates and that investors will keep its multiple in play.
- BAML EPS estimates on L Brands: FY15 to $3.27, FY16 to $3.61, FY17 to $4.04.
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