cranky investor

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  • Is Williams-Sonoma Going Downscale?
    It's not just the $50 carrot-peeler; it's the really top-priced rents at the most upscale malls to sell what are essentially kitchen pots and pans and replacements for perfectly good coffee makers. It's a tough call for the next few years as to how many people will find love in a $269 le crousset pot when Target sells the equivalent for $49.
    Jan 06 07:14 am |Rating: +1 0 |Link to Comment |View article
  • Retailer Earnings Will Continue to Worsen
    it is rarely possible to gauge retail activity by personal inspection of a mall or chain of stores. to say that the retailers aren't attracting the parents is to avoid the decent sales at Macy's, certainly not a youth cult store.

    what one can see in a mall tour is that some retailers are running lousy stores while others are up to date.

    walk into a Sears in any mall and it will be the least attractive main store of any
    May 27 07:07 am |Rating: 0 0 |Link to Comment |View article
  • Walmart: Sales So Far Look Very Encouraging
    the biggest problem with wmt's 1-2 % same store sales gains is that inflation is running at a higher rate; as such, when one price adjusts their sales, it turns out that they're nor improving at all. Improvement means more than selling the same box of soap this year for 1.02 than was sold last year for 1.00.
    the true criteria for retail growth is "same store operating margin; the test whether from one yr to the next a store can maintain its core profitability it is a lot harder to manipulate those numbers since you can easily "buy" sales with lower prices but "buying" margin is a lot tougher
    Dec 14 06:53 am |Rating: 0 0 |Link to Comment |View article

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