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UnhedgedRobert Armstrong
Beyond Bed and Bath Premium content
...But Macy’s, Foot Locker and Nordstrom are trickier....
April 24, 2023
US inflation
‘We’ve never seen anything like this’: US retailers compete to clear stock
...Bed Bath & Beyond, Macy’s and Gap have admitted to similar inventory troubles in recent months....
July 30, 2022
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Jan Dalley
Should we send borrowed art back to Russia?
...The west’s policy is to punish them, cries my colleague. It’s war. And their leaders are punishing them already — maybe eventually they’ll do something about it....
June 3, 2022
Due Diligence
Why passive managers like Vanguard are moving into PE Premium content
...Tucked away on the west side of Hong Kong, away from the island’s financial centre, Cyberport is a sprawling complex that was built to foster new ideas....
February 7, 2020
News in-depthMarkets14 min
How sneaker fans are cashing in on the $2bn resale market for limited edition trainers
...We literally only buy from stores....
October 22, 2019
Retail & Consumer industry
Nordstrom shares slip as key sales figure falls more than expected
...Nordstrom’s results follow mixed quarterly updates from Macy’s and Kohl’s earlier on Thursday....
November 9, 2017
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Retail & Consumer industry
Nordstrom shares drop after it announces inventory-less store
...The company’s shares fell more than 4 per cent on Monday after the US department store chain announced plans to launch its first “Nordstrom Local” store in West Hollywood next month....
September 11, 2017
US & Canadian companies
J Crew’s long-time chief executive to step down
...West Elm, the clothing company said on Monday....
June 5, 2017
Due Diligence
Davos in the desert: Dispatch from Riyadh Premium content
...Is there a template here for the likes of Macy's trying to create the next generation retail experience? Perhaps....
October 25, 2017
US equities
Chesapeake Energy rallies after sale of shale assets in Texas
...The rally was caused by Macy’s revealing that the decline in same-store sales slowed for the first time in six quarters, and revealing plans to close 100 stores to boost profitability....
August 11, 2016
US & Canadian companies
Macy’s picks 33-year veteran as new chief
...He joined the company as an executive trainee with Macy’s West in 1983....
June 23, 2016
US equities
Nordstrom adds cheer to retail shares
...The department store’s shares — which had already bounced almost 10 per cent this week thanks to earnings beats by Macy’s and Kohl’s — gained another 8 per cent to trade at a four-month high of $51.38 by...
August 12, 2016
US & Canadian companies
Sports group Bass Pro buys rival Cabela’s for $5.5bn
...west of the two countries....
October 3, 2016
World
US stocks rise amid healthcare rally
...On the earnings front, department stores come front and center, with Macy’s, Nordstrom, JC Penney and Kohl’s reportting results....
May 9, 2016
Life & Arts
The big department store turnaround
...(US department-store apparel sales fell by 4 per cent last year, according to consumer-spending analysts the NPD Group, and Macy’s is closing 36 of its stores.)...
January 29, 2016
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
World
DoubleDragon aims for real estate empire in rural Philippines
...Website | Subscribe. ©2016 Nikkei Inc. All rights reserved....
October 3, 2016
ReviewFirstFT
Rousseff suspended, London’s dirty secret and the airline cabin class war
...(FT) US retail shudders Shares in Macy’s sank as much as 13 per cent as sales in its department stores slumped nearly 6 per cent....
May 12, 2016
Technology sector
#techFT – Keeping killer robots in check
...Set to open in July, the building has a 200-seat cinema, the UK’s first cashless Waitrose store, vast, open work spaces and an abundance of natural light....
April 25, 2016
US equities
Macy’s shares tumble on weak sales and outlook
...Investors punished shares of US department store chain Macy’s after the retailer lowered its full-year sales forecast and reported disappointing second-quarter results....
August 12, 2015
US equities
Yum Brands boosted by China sales growth
...The S&P 500 department stores index, which includes just Nordstrom, Kohl’s and Macy’s, fell 8 per cent on Friday and is down nearly 17 per cent for the week....
November 13, 2015
US & Canadian companies
Death by 1,000 clicks on the British high street
...Certainly shoppers are unenthusiastic about certain stores. One said as she left a store on Oxford Street in London’s West End, that she “could not stand it any more. It’s all the same....
November 13, 2015
US equities
Macy’s falls on lower profits and slower sales
...Shares of Macy’s fell, after the US department store chain reported first-quarter results that missed analyst forecasts and blamed a slowdown in sales on a number of factors, including the West Coast port...
May 13, 2015
FT AlphavilleKadhim Shubber
The unbearable lightness of technology
...Olmstead v. United States....
March 21, 2016
US & Canadian companies
Michael Kors plunges on sales outlook
...Michael Kors also reported strong gains in its ecommerce operations, echoing a shift in consumer trends already articulated by department stores including Nordstrom and Macy’s and a key point underlying...
May 27, 2015
US downturn
Utilities climb amid appetite for haven assets
...The results followed figures from Macy’s on Wednesday, which fell short of analyst forecasts. Kohl’s shares rose 3.3 per cent to $56.91....
August 14, 2014

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