-
Retail Pro Says Giants Like Amazon, Walmart Will Prevail After Coronavirus: 'It's Not Fair'
Wednesday, May 13, 2020 - 1:45pm | 863Read More...Jefferies analysts recently visited a Best Buy Co Inc (NYSE: BBY) store and left with a positive impression of the retail's in-store appointment process. Retail expert Kristin Bentz isn't as bullish on the future of shopping. Jefferies: 'A Treat' Jefferies analysts said in a May 6...
-
Why LVMH, Kering Are Well-Positioned For Recovery, 'Revenge Buying' At Hermes
Monday, May 11, 2020 - 7:59am | 546Read More...Global sales of personal luxury goods are expected to fall 60% in the second-quarter of 2020 due to the coronavirus pandemic, according to a Bain & Co. report. Last week, the Ares Management Corp (NYSE: ARES) co-owned, high-end retailer Neiman Marcus became the first large department store...
-
Is The Coronavirus An 'Existential Threat' For Retailers?
Monday, April 6, 2020 - 4:39pm | 1072Read More...The coronavirus pandemic represents an "existential threat" to the entire retail sector and there will be a "fundamental changes" to the longer-term business model, Steve Sadove, former chairman and CEO of Saks, said in a Thursday CNBC "Squawk Box" interview....
-
These Notable Execs Cleaned Out Their Desk Drawers In 2016
Wednesday, August 24, 2016 - 1:12pm | 687Read More...2016 has been a great year for many executives who found greener pasture at other organizations. For others, their careers took a step back as they were ousted from their jobs. Here is a look back at some of the notable executives who cleaned out their desk drawers in 2016, the most recent and...
-
Analyst Not Surprised About JCPenney, Says Anecdotal Evidence Is Clear
Friday, May 6, 2016 - 3:43pm | 340Read More...J C Penney Company Inc (NYSE: JCP) shares are poised to finish the week down more than 10 percent after the company announced it will be taking a series of drastic measures to help protect the struggling companies bottom line. The New York Post reported that JCPenney has slashed payroll, frozen...
-
'Retail Thursday' Isn't The Same As It Used To Be...
Thursday, May 5, 2016 - 7:25pm | 312Read More...A number of companies in the Retail sector posted monthly retail metrics this week, on Wednesday and Thursday. A very important day for retail investors in years past, the first Thursday of each month was known to be marked off on calendars as a day when an important metric, same-store sales, could...
-
Sports Authority Bankruptcy Indicates 'Secular Implosion Of Traditional Retail'
Wednesday, March 2, 2016 - 3:23pm | 357Read More...Sports Authority filed for Chapter 11 protection Wednesday after rumors of the company's bankruptcy swirled around the Street over the past month. The retailer will close 140 stores, according to a report by Bloomberg. Related Link: Stifel Nicolaus Upgrades Big 5 Sporting Goods To Buy The...
-
Lululemon Buoyed By 'Cult Following'
Tuesday, January 12, 2016 - 5:40pm | 394Read More...Lululemon Athletica inc. (NASDAQ: LULU) shares breached $60 for the first time in almost four months on Tuesday, following the athleisure company's strong guidance report. But investors worried about whether it's a viable play in a struggling retail industry needn't, at least...
-
Expert: Macy's An Amazing Brand, But Only Solution Is To Close Stores
Tuesday, January 12, 2016 - 3:29pm | 533Read More...Macy's, Inc (NYSE: M) shares are rebounding this week, but according to Kristin Bentz, investors shouldn't be fooled: Macy's is in deep trouble. Bentz loves CEO Terry Lundgren, but admitted there are certain things that even he can't fix. "They're trying to do...
-
Luxury Retail Expert Says Sequential-Martha Stewart Deal Would Be A 'Win-Win'
Thursday, June 18, 2015 - 4:45pm | 258Read More...A rumor surfaced Thursday that Sequential Brands Group Inc (NASDAQ: SQBG) is moving to acquire Martha Stewart Living Omnimedia (NYSE: MSO). According to The Wall Street Journal, the buyout could be announced within a few days, although no details are known. Kristin Bentz, President of...
-
What Retail Sales Say About Interest Rates
Thursday, June 11, 2015 - 4:35pm | 579Read More...The U.S. Census Bureau released its monthly retail sales figures this morning. Retail sales were up 1.2 percent month-over-month in May, only slightly higher than consensus expectations of a 1.1 percent increase. Retail sales excluding gasoline and automobiles were up 0.7 percent. As with every...
-
How A Detroit Startup Made Magic Happen In New York
Saturday, April 25, 2015 - 12:04pm | 1158Read More...For me, it started with a three-pronged approach: nurture relationships, forge new connections and do whatever was necessary to help the team set up the event. For Benzinga, it was a chance to create a dream guest list of attendees and have them all together in one place to create something not...
-
Why This Retail Expert Says Goldman's Lululemon Downgrade Is 'Completely Overblown'
Friday, March 6, 2015 - 1:05pm | 524Read More...Retail expert and Talented Blonde CEO Kristin Bentz told Benzinga that the Goldman Sachs downgrade of Lululemon Athletica inc. (NASDAQ: LULU) was unexpected and completely overblown. "If you read the comments in the note, they are calling it best-in-class but then putting a Sell on it. It...
-
Retail Expert Weighs In On Lululemon/VF Corp Rumor
Thursday, March 5, 2015 - 4:01pm | 299Read More...Talented Blonde CEO Kristin Bentz commented on rumors that Lululemon Athletica inc. (NASDAQ: LULU) would be taken over by VF Corp (NYSE: VFC). There are plenty of other yoga brands that could be acquired, but Lulu is "best in class," according to Bentz, especially as the company...
-
Talented Blonde CEO On The 1 Thing JC Penney Has Of Value
Thursday, February 26, 2015 - 4:57pm | 280Read More...Talented Blonde CEO Kristin Bentz told Benzinga that the only thing J C Penney Company Inc (NYSE: JCP) has "that's worth anything is their real estate." "They could sell their [headquarters] and make a fortune" and despite sounding strange, in some ways "it would...















