Macy's, Inc.
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Should We Follow George Soros Into J.C. Penney?
By Anh HOANG - May 2, 2013 | Tickers: JCP, M, SHLD
When investors think of J.C. Penney (NYSE: JCP), they think of negatives and a struggling business that has a low probability of turning itself around. In the last twelve months, J.C. Penney has lost more than 52% of its value. Bill Ackman, the famous hedge fund manager, has lost more than $500 million in the company since the first half of 2011.
However, after months of bad news more »
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They're Too Sexy for Their Buttondowns
By AnnaLisa Kraft - May 1, 2013 | Tickers: JPM, M, UA, DIS, YELP
Last fall Business Insider came out with their list of the 50 sexiest CEOs alive. When it comes to publicly traded companies some CEOs are the embodiment of "not just a pretty face;" but which ones?
Of course, one of the top listed sexy CEO of a publicly traded company is a Frenchman; coming in at number 6 is Frederic Oudea, CEO of Societe Generale. However, a European bank is more »
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Neither J.C. Penney's Loans nor Soros Can Keep It From Failing
By Jordan Wathen - May 1, 2013 | Tickers: JCP, M, SHLD
In recent days, J.C. Penney (NYSE: JCP) added another world-class hedge fund manager to its shareholder list. George Soros reported buying a stake worth 7.9% of the company in a new 13G filing with the SEC.
In filing a 13G instead of a 13D, Soros indicated that he has little interest in activism. Rather, Soros is along for the ride, potentially to team up on proxy votes with more »
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Should Macy's Fear a J.C. Penney Revival?
By Cory Renauer - April 30, 2013 | Tickers: JCP, M, JWN
When Ron Johnson attempted to re-brand J.C. Penney (NYSE: JCP) by making it trendy, he effectively alienated its core customers. His catastrophic failure sent many of those customers to Macy's (NYSE: M); at least a comparison of both companies' revenue suggests that was the case.
Quarterly revenue in billions 2013-Jan. 2012-Oct. 2012-Jul. 2012-Apr. 2012-Jan. J.C. Penney $3.8 $2.9 $3.0 $3.1 $5.4 Macy more » -
The Online Sales Tax Battle
By Evan Buck - April 30, 2013 | Tickers: AMZN, EBAY, M
The online auctioneer giant eBay (NASDAQ: EBAY) has just joined the growing fight over a recently proposed online sales tax, coming down firmly against the proposal and trying to enlist the help of its users to fight against the bill. On the opposite side of the aisle are some traditional big-box retailers like Macy's (NYSE: M) and, ironically, fellow online retailer and eBay competitor Amazon.com (NASDAQ: AMZN).
As more »
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Is Now the Time to Buy Into J.C. Penney?
By Jared Kassan - April 23, 2013 | Tickers: JCP, KSS, M, SHLD
J.C. Penney has received what seems like nothing but bad news for over a year. Sales have continued to slump. Nobody bought into the glitz and glam of Ron Johnson. Investors seem to have fled from this beleaguered company. However, is this company on its way to bankruptcy? If not, is now the perfect time to jump in? Let's do a bit of analysis below:
Valuation
What are more »
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Specialty Retail's Best Kept Secret
By Marshall Hargrave - April 20, 2013 | Tickers: JCP, M, ROST, TJX
The apparel industry should be just one of the benefactors of a rebounding economy. I believe that "value priced" retailers could be the best-in-industry performers given their advantages, including their attractive discount pricing and ability to quickly move in and out of product categories based on customer demand.There has also been a reduction in take home pay as a result of the payroll tax holiday expiration, which should play more » -
This Retailer Is Headed Towards More Trouble
By Shweta Dubey - April 19, 2013 | Tickers: JCP, M, TJX
Plummeting sales, low-traffic, and gloomy stock price, these have been the dampening indications for the struggling J.C. Penney (NYSE: JCP) over the last few years. The company's last quarter was its sixth consecutive one where it reported a loss. For the full year 2012, the company's losses stood at more than $980 million, and its stock price plunged about 43%.
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Every Girl Crazy 'Bout a Sharp Dressed Man
By AnnaLisa Kraft - April 18, 2013 | Tickers: JOSB, M, MW
Men's Wearhouse (NYSE: MW), the "You're Going to love the way you look," company and Jos. A Bank Clothiers (NASDAQ: JOSB) are the two most direct plays on mens fashion. Are these really going to make your portfolio look sharp?
Clean shirt, new shoes
Jos A. Bank, the manufacturer and retailer of mens apparel has 603 stores in 44 states. It was founded in 1905. The stock is more »
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Specialty Retail's Best Kept Secret
By Marshall Hargrave - April 17, 2013 | Tickers: JCP, M, ROST, TJX
The apparel industry should be just one of the benefactors of a rebounding economy. I believe that "value priced" retailers could be the best-in-industry performers given their advantages, including their attractive discount pricing and ability to quickly move in and out of product categories based on customer demand.There has also been a reduction of take home pay as a result of the payroll tax holiday expiration, which should play more » -
Every Girl Crazy 'Bout A Sharp Dressed Man
By AnnaLisa Kraft - April 16, 2013 | Tickers: JOSB, M, MW
Mens Wearhouse (NYSE: MW), the "You're Going to love the way you look," company and Jos. A Bank Clothiers (NASDAQ: JOSB) are the two most direct plays on mens fashion. Are these really going to make your portfolio look sharp?
Clean shirt, new shoes
Jos A. Bank, the manufacturer and retailer of mens apparel has 603 stores in 44 states. It was founded in 1905. The stock is down more »
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Williams-Sonoma Is Looking Up
By Eshna De - April 16, 2013 | Tickers: M, TGT, WSM
Williams-Sonoma, the flagship brand of Williams-Sonoma Inc. (NYSE: WSM), is well-loved in the country. It's all about home-cooked food and a good life, which attracts home makers and family master chefs like a magnet. While the website flaunts that the company has options for each room in the house, it's mostly focused on upscale cookware and cutlery, as well as high-end private-label food products.
Other than the core more »
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Williams-Sonoma Looking Up
By Eshna De - April 16, 2013 | Tickers: M, TGT, WSM
Williams-Sonoma, the flagship brand of Williams-Sonoma Inc. (NYSE: WSM), is well-loved in the country. It's all about home-cooked food and a good life, which attracts home makers and family master chefs like a magnet. While the website flaunts that the company has options for each room in the house, it's mostly focused on upscale cookware and cutlery, as well as high-end private-label food products.
Other than the core more »
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This IPO Might Fly Like a Hawk
By Arturo Cuevas - April 16, 2013 | Tickers: AMZN, M, SWY
Expect excitement to build around the forthcoming IPO of Blackhawk Network Holdings, the gift card and payment service arm of Safeway (NYSE: SWY), the second largest grocery store chain in the U.S. The California-based retailing giant will offer 10 million Blackhawk shares in the price band of $20–$22 each, in an effort to raise up to $220 million.
Safeway is tapping NASDAQ Global Select Market for the IPO more »
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Is There Any Hope Left for This Retailer?
By Shas Dey - April 16, 2013 | Tickers: JCP, KSS, M
J.C. Penney (NYSE: JCP) lost many customers from a good, but mis-timed and overly hurried strategy from erstwhile CEO, Ron Johnson. Now the company is back to Mike Ullman again, and it remains to be seen whether he will learn from the mistakes Johnson made, while making sure to preserve many of the good aspects of that strategy.
Johnson's strategy
Johnson changed the working model of J.C more »
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Time to Exit – The Retailer is Headed Towards More Trouble
By Shweta Dubey - April 16, 2013 | Tickers: JCP, M, TJX
Plummeting sales, low-traffic, and gloomy stock price, these have been the dampening indications for struggling J.C. Penney Company, Inc. (NYSE: JCP) since last few years. The company's last quarter was its sixth consecutive quarter where it reported loss. For the full year 2012, the company's losses stood at more than $980 million and its stock price plunged by about 43%. J C Penney recently announced the stepping more »
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Celebrating Its Success With a Big Buyback
By Mike Thiessen - April 16, 2013 | Tickers: DDS, JCP, M
Mid-market department store operator Dillard's (NYSE: DDS) recently announced that it would initiate a significant program of share buybacks that could be worth up to $250 million in the aggregate. Although this is not the first buyback program that the company has authorized in recent years, it has served to bolster investors' confidence in a firm that faces tremendous secular headwinds.
Despite these challenges, Dillard's has enjoyed excellent more »
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Celebrating Its Success With a Big Buyback
By Mike Thiessen - April 16, 2013 | Tickers: DDS, JCP, M
Mid-market department store operator Dillard's (NYSE: DDS) recently announced that it would initiate a significant program of share buybacks that could be worth up to $250 million in the aggregate. Although this is not the first buyback program that the company has authorized in recent years, it has served to bolster investors' confidence in a firm that faces tremendous secular headwinds.
Despite these challenges, Dillard's has enjoyed excellent more »
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JCPenney: This Movie Might Not End Well
By Damian Illia - April 15, 2013 | Tickers: JCP, M, MSO
JCPenney (NYSE: JCP) may be headed for an unhappy ending. The retailer has ousted former Apple executive Ron Johnson as its CEO after 17 months of terrible performance under his management.
In February, the company reported a sixth consecutive quarter loss as Johnson’s ambitious turnaround of creating mini-shops boutique-styled stores had a very adverse effect on the company. J.C. Penney's share price has plunged accordingly, dropping approximately more »
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The J.C. Penney Mess Makes Nordstrom Look Better
By Eric Novinson - April 15, 2013 | Tickers: JCP, M, JWN
The J.C. Penney (NYSE: JCP) turnaround plan hasn't been working out, and now the department store's brought back its last CEO. The department store announced that Ron Johnson is out and Mike Ullman has returned. Investors didn't seem impressed with Ullman's return, which highlights the importance of leadership for department stores. J.C. Penney remains embroiled in its lawsuit with Macy's (NYSE: M) as more »