Richard Hastings
Richard Hastings
Richard Cory Hastingsis a Canadian association football player, who has played for Inverness Caledonian Thistle, Ross County, Grazer AK, MVV Maastricht, Hamilton Academical and Brora Rangers...
bath best beyond buy consumers home quality retailers risk variety wages
The risk for Wal-Mart is that as wages improve, consumers will go to alternative retailers such as Home Depot, Gap, Bed, Bath & Beyond or a Best Buy for better quality and more variety of products,
borrow holiday job nailed people retailers season
As long as people can find the right merchandise, have a job and borrow a little bit, they are going to go shopping. Overall, the holiday season was good. Retailers who had it all nailed down were the winners.
ended good retailers
It ended up a pretty good season. The retailers that didn't do well did it to themselves.
christmas eventually excess far holidays inventory people retailers until wait
Retailers know that many people will wait until after Christmas for the big purchases. So they don't want to go too far into the holidays with excess inventory that they eventually will heavily discount.
christmas delivery orders ready retailers richest winter
Retailers have very big orders from vendors ready for delivery right before and right after Christmas. They want to look really, really good. That's when they come out with the richest displays of winter merchandise, and it culminates with Valentine's Day.
across cards consumer currency gift intention possible promote retailers seeing spectrum trade
Gift cards are like proprietary currency issued by a retailer. The intention is to get a potentially new consumer to come in and trade in that currency and try new merchandise. We're seeing retailers across the spectrum doing as much as possible to promote them.
eye july keeping retailers sales season spending summer surprised volatile weaker weakness
July sales were weaker than expected. Summer can be a volatile season for retailers but I am a little surprised by the weakness in apparel. I'll be keeping an eye on discretionary spending going forward.
additional asset attractive balance boost cash debt enable further future including major management move point position possibly prices range reduce sales shares sheet
The additional cash on the balance sheet from the asset sales will put Kmart in a position to further reduce debt and possibly buyback more shares in a move that could boost share prices further, ... At the same time, the big cash position will enable management to look at an attractive range of choices, including the possibility at some point in the future of a major acquisition.
consumer debt drag gasoline higher inflation prices rising threats
The consumer is jittery. Rising debt levels, inflation and higher gasoline prices are all real threats and a drag on spending.
deeper environment expecting holidays margins mean profit
I'm expecting the holidays to be a stimulating environment for (sales) growth, ... But the deeper discounts could also mean that profit margins will be off for some retailers.
again hold influence margins matters offset order performance plus profit quarter rising shows solid supported
Their third-quarter profit was supported by a really solid quarter at Sam's Club. This shows again why Sam's matters so much to Wal-Mart's consolidated profitability, ... Smoother performance at Sam's has been a big plus recently, and it has to hold up in order to offset the rising influence of supermarket margins from the other division.
brands department dying pundits stores terms
The pundits that said department stores are dying are wrong. This is a different channel. What you get there, in terms of brands and variety, you can't get elsewhere. There's no substitutability.
brands department dying pundits stores terms
The pundits that said department stores are dying are wrong, ... This is a different channel. What you get there, in terms of brands and variety, you can't get elsewhere. There's no substitutability.
credit helped industry seal situation solid strong support turnaround wet
Wet Seal is a turnaround situation that has been helped by strong industry vendor credit support and solid communications with their vendors.