Saks, Inc.

  • Why Investors Should Watch This Deal Closely

    By Reuben Brewer - August 13, 2013 | Tickers: ALX, SKS

    Hudson's Bay is buying Saks (NYSE: SKS), the owner of Saks Fifth Avenue. This will expand the company's presence in the upscale market, which is a solid move. However, the plans to create a real estate investment trust to own the company's over 300 stores could make the deal a real winner.

    Time to sell
    The deal is valued at $2.4 billion. Hudson's will pay more »

  • Is This Offer Too Low, and What Can Investors Do About It?

    By Mike Thiessen - August 13, 2013 | Tickers: M, SKS

    Well-known Canadian retailer Hudson's Bay has officially inked a deal with Saks (NYSE: SKS) that will result in the combination of the two storied firms. With a total value of nearly $3 billion, this is not a small merger. Moreover, it has the potential to reorder the retail landscape on both sides of the U.S.-Canada border. 

    Although most market-watchers and handicappers are confident that Hudson's Bay more »

  • The Prince and the Pauper: Apparel for Everyone

    By Damian Illia - July 18, 2013 | Tickers: JCP, M, SKS

    From low to high-end retailers, the apparel industry offers plenty of growth opportunities for those wise enough to seize them. In this article I will look into three companies within this segment that target very different demographics: J.C. Penney (NYSE: JCP) for the lower-end markets, Macy’s (NYSE: M) for the middle-end, and Saks (NYSE: SKS) for those wealthy enough to afford it.  Through a brief analysis, I will more »

  • Does This Retail Icon Have a Bullseye on Its Back?

    By Robert Hanley - July 8, 2013 | Tickers: KSS, M, SKS

    Saks’ (NYSE: SKS) share price jumped sharply in May 2013, based on speculation about possible merger and acquisition moves by strategic buyers.  The upscale retailer competes directly in the luxury category with privately-held Neiman Marcus Group, which was itself acquired in a leveraged buyout for roughly $5.1 billion in 2005.  While Neiman Marcus seems to have little interest in a tie-up, with a future initial public offering in the more »

  • Saks' New Initiatives Driving Sales

    By Ash Sharma - July 4, 2013 | Tickers: M, JWN, SKS

    Saks (NYSE: SKS) stock recently made a five year high because of the Saks-Neiman Marcus merger related news floating in the media. The stock has corrected since then and I believe this correction gives a good buying opportunity in this stock.

    The company has taken initiatives to develop itself into a much focused organization with its loyal customer base. It has taken initiatives to improve its omni-channel network under Project more »

  • Investment in E-Commerce Is Working for This Retailer

    By Gayatri Sharma - June 17, 2013 | Tickers: M, JWN, SKS

    Saks (NYSE: SKS) has been on a nice run recently--it's up 42% versus only 16% for the greater market.  The luxury retailer is implementing different strategies to increase its customer base and to attract investors.  Its working to develop not only its online market but also supporting channels to increase sales. Omni-channel retailing is extremely popular and its a growing trend.  It has also re-launched its loyalty program in more »

  • 4 Stocks to Put You in the Lap of Luxury

    By Erin McBride - June 10, 2013 | Tickers: DDS, M, JWN, SKS

    What do the rich know that you don't?

    Where they shop is helping to grow their investments.

    The high-end, luxury department stores are on the rise, with profits growing higher and higher. But not all stores are created equal, and some stand out for good reasons, some for bad.

    Dillard's

    Standing out for all of the right reasons, Dillard's (NYSE: DDS) reported the highest increase in net more »

  • The Rich Are Still Spending And Boosting These Retailers

    By Mark Yagalla - June 5, 2013 | Tickers: COH, JWN, RL, SKS, TIF

    As the global economy has struggled over the past few years, there was one demographic that still did well--the rich. It is estimated that 1% of the world's population own 39% of the world's wealth. Companies that cater to this demographic have continued to perform well as the rich kept shopping through tough times. The economic downturn didn't stop them from going to their favorite retailers and more »

  • Why You Should Buy This Department Store

    By Ash Sharma - June 4, 2013 | Tickers: M, JWN, SKS

    Macy’s (NYSE: M) has recently announced its 1Q13 results, and it has reported 20% growth in profits. It is following some key strategies for growth, such as MOM. The MOM strategy has three parts: “My Macy’s,” Ominchannel, and Magical Selling. My Macy’s is a strategy that focuses on localization and segmentation of stores, while omnichannel will be crucial for Macy's to increase its customer base in more »

  • A Profitable and Consistently Growing Fashion Retailer

    By Anh HOANG - May 24, 2013 | Tickers: DDS, JWN, SKS

    Recently, Nordstrom (NYSE: JWN) reported sluggish first-quarter earnings results. However, its shares have been on the rise, gaining more than 13% since the beginning of the year. Interestingly, Nordstrom is currently in the portfolio of several famous investors including Chuck Royce and Joel Greenblatt. Should investors buy Nordstrom after its disappointing first-quarter earnings results? Let’s find out.

    Profitable and consistent growth

    Nordstrom has a long history dating back to more »

  • Are These Tuesday Post-Earning Movers a Buy?

    By Brian Nichols - May 23, 2013 | Tickers: BBY, MDT, RXN, SKS

    On Tuesday, we saw a number of high-profile stocks trade with large price swings after earnings. Let's see why these stocks are moving, and decide whether any of them might be a "Buy"!

    Does Weakness Create a “Best” or Worst Buy?

    After producing gains of 130% in 2013, Best Buy (NYSE: BBY) announced a mixed Q1 report, and is now trading lower by almost 5%.

    In the quarter, Best more »

  • Coupons and Sales Are Vital to Department Stores' Performance

    By Stephanie Faris - May 23, 2013 | Tickers: KSS, M, SKS

    It emerged at the turn of the century, expanding throughout the country just as the heyday of indoor malls was coming to an end. With a combination of good timing and a firm understanding of its customer base, Kohl's (NYSE: KSS) quickly emerged as the leader of department stores, with quarterly revenue in the billions. In 2012, Kohl's brought in $18.8 billion in revenue and is now more »

  • Billionaire Bruce Kovner’s Small-Cap Picks

    By Meena Krishnamsetty - April 16, 2013 | Tickers: NCR, NFX, SKS, SNV, JOE

    Small cap stocks tend to be less widely followed by institutional investors, which in theory results in their being more likely to be mispriced. When a hedge fund does research on such a company, then, it should be more likely to identify an overvalued (or undervalued) stock. As it turns out, we have found that the most popular small cap stocks among hedge funds generate an average excess return of more »

  • Billionaire Bruce Kovner’s Small Cap Picks

    By Meena Krishnamsetty - April 8, 2013 | Tickers: NCR, NFX, SKS, SNV, JOE

    Small cap stocks tend to be less widely followed by institutional investors, which in theory results in them being more likely to be mispriced. When a hedge fund does research on such a company, then, it should be more likely to identify an overvalued (or undervalued) stock. As it turns out, we have found that the most popular small cap stocks among hedge funds generate an average excess return of more »

  • Picking Up Another Down (Under) And Out Brand

    By Reuben Brewer - February 26, 2013 | Tickers: BLLAF, COST, FNP, ICON, JCP, M, SKS, TGT, VFC, WMT

    Billabong International (NASDAQOTH: BLLAF) is in play, again. The struggling surf focused clothing maker and retailer has seen its shares fall materially over the last year or so. While there have been several bids so far, some at higher prices, none have been consummated. With two competing bids, one including giant V.F. Corp (NYSE: VFC), is the brand finally going to get bought?

    In Play

    Billabong's brands include more »

  • Is This One Star Investors Should Place in Their Portfolios?

    By Ryan Guenette - February 22, 2013 | Tickers: JCP, KSS, M, JWN, SKS

    A SWOT analysis is a look at a company’s strengths, weaknesses, opportunities, and threats, and is a tremendous way to gain a detailed and thorough perspective on a company and its future.  As 2013 begins, I would like to pinpoint on leading retailer with both physical and virtual presences under two distinct brands, Macy’s (NYSE: M).

    <img src="http://stockcharts.com/c-sc/sc?s=M&p=D&yr=1&mn=0&dy=0&i=t24033401958&r=1361123729185" />

    The Business:

    Warren Buffett once said, “Never invest in a business you more »

  • Department Store Deals

    By Austin Higgins - February 21, 2013 | Tickers: DDS, JCP, KSS, JWN, SKS

    The department store industry has been gaining a lot of attention recently. With all of J.C. Penney (NYSE: JCP)’s problems, they have been trying to re-brand and create a new image for quite a while. With their earnings still in the red, they have a long way to go. 

    But, what about other companies in this industry? Is the department store industry in trouble just because all of more »

  • Fool Me Once, Shame on You; Fool Me Twice, Shame on Me

    By Alan Ginsberg - February 13, 2013 | Tickers: JOSB, RL, SKS

    In my opinion Jos. A. Bank (NASDAQ: JOSB) is a scam, not an ingenious marketing company.  Its entire business model depends on its ability to continue to grossly over-inflate its stated selling prices to the public and then to liquidate its inventory by running continuous sales and promotions that average about 70% of the ticketed selling price.  The initial markup from landed cost is roughly 7 times, while the actual more »

  • A Struggling Brand Could Be Good For All

    By Reuben Brewer - February 11, 2013 | Tickers: COST, FNP, ICON, JCP, M, SKS, TGT, VFC

    Reuters recently leaked the news that Fifth & Pacific (NYSE: FNP) is considering selling its Juicy Couture brand. While the company won't comment on such rumors, a sale could help Fifth focus on its other brands and allow the acquirer to turn around a still well known brand. It could, then, be a winning transaction for everyone.

    A Namesake

    Fifth & Pacific used to be known as Liz Claiborne. However, after more »

  • Luxury, an Investor's Best Friend?

    By Ash Anderson - February 7, 2013 | Tickers: COH, SKS, TIF

    With the Dow Jones Industrial Average fighting back above the 14,000 mark and individual investors piling their money back into the stock market could we be heading back to the business boom days? If we are back to the boom days, or even if we’re heading there, you can expect a lot more money to be spent on the luxury goods of Tiffany & Co (NYSE: TIF), Coach (NYSE: COHmore »)

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