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House & Home
Sears, Argos and Habitat: a catalogue of our lives
...It all started with Sears. At the end of the 19th century, Chicago-based Sears, Roebuck & Co’s catalogue was a monster, a doorstop manifesto of capitalism geared to homesteaders and smallholders....
October 30, 2020
News in-depthUS retail
US retailers teeter on the brink as 630,000 outlets close
...Mark Cohen, director of retail studies at Columbia University and a former chief executive of Sears Canada, doubted federal loans could resuscitate heavily indebted companies....
March 30, 2020
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
US retail
US shopping mall owners face financial reckoning
...Big tenants include Signet Jewelers, Victoria’s Secret owner L Brands and Dick’s Sporting Goods, as well as JCPenney....
April 13, 2020
Due Diligence
SoftBank’s got 99 problems but Sprint ain’t one Premium content
...As anchor tenants such as Sears and Toys R Us have started to disappear, they’ve become more concerned about the developing crisis in US retail and they’re walking away in droves....
February 13, 2020
Retail sector
US retailers file for bankruptcy at swift pace in 2019
...Last year brought some big retail bankruptcies including that of 125-year-old company Sears....
June 19, 2019
Rana Foroohar
Old economists can teach us new tricks
...Politicians and policymakers on both sides of the aisle should sear these words on their brains. Americans don’t really do nuance....
June 2, 2019
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
US retail
Wall Street revives US retail ‘big short’
...Stocks that are down in the period include Rite Aid, down 90 per cent, Signet Jewelers, down 65 per cent, and Sears, which filed for bankruptcy last October....
February 24, 2019
Due Diligence
A JAB in the face: Becht’s shock exit Premium content
...Those two firms are busy as they happen to be on the Chapter 11 of Sears whose auction is set for this week....
January 15, 2019
News in-depthUS retail
Macy’s profit warning raises concerns over US retailers
...Among other laggards, Victoria’s Secret-owner L Brands, also mall-based, posted a dip in net revenues for the festive season....
January 11, 2019
News in-depthRetail sector
Retailers brace for January reckoning after tough festive trading
...In the US, the sector’s failures to adapt to a rapidly changing environment are epitomised by Sears....
December 21, 2018
News in-depthBlack Friday
Retailers fight for shopper dollars on Black Friday
...Noticeably quieter than its rivals in the Jersey City mall was Sears, whose stores were still trading even after the company’s recent Chapter 11 filing....
November 23, 2018
Due Diligence
Telecom Italia: Up in the air, a coup on the ground Premium content
...The parent company L Brands is planning to announce her resignation officially on Monday, when it releases its next quarterly earnings....
November 15, 2018
InterviewFTfm
Chris Cummings: we’re in public eye and we have to get used to it
...Guy Sears, who lost out against Mr Godfrey to be chief executive, took the role on an interim basis but quit the IA after losing a second time....
June 25, 2018
LombardMatthew Vincent
M&S hopes full-price sales can put it on a surer footing
...Sears was similarly looking to DIFM services as a way of reversing falling customer numbers. And so it has (im)proved....
May 24, 2017
FT SeriesRetail: clearance sale
Why are hedge funds raising their bets against US shopping malls?
...Tenants of these large mall operators are generally split between their large “anchor” retailers, big name retailers such as Macy’s and Sears, and then smaller so-called “in-line” tenants who tend to pay...
April 25, 2017
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
FT AlphavilleEquities
Would 11,000 BHS workers still have jobs if Tina Green hadn’t siphoned £1bn out of the business?
...So Green booked circa £100m of ‘negative’ goodwill through the P&L, declaring BHS to be surprisingly profitable. Magic....
April 25, 2016
Property sector
Investors pull £1.4bn from UK property funds in Brexit month
...Two more large funds, from L&G and Aberdeen, imposed large discounts on investors seeking to redeem their money post-referendum....
August 2, 2016
US equities
Kohl’s shares drag US department stores lower
...The dour news sent shares of Sears 10.7 per cent lower to $11.39 and shares in JC Penney down 1.2 per cent to $7.80. Nordstrom shares were little changed at $45.20....
May 12, 2016
Life & Arts
Honey & Co recipes: flame-grilled food
...Brush with the remaining olive oil and place on a hot barbecue to just colour and sear. This will only take 3-4 minutes. Transfer to a plate and top with the salsa. Serve....
September 23, 2016
LexRetail sector
Macy’s: rags and riches
...Here sit TJX, L Brands, Ross Stores and Nordstrom....
August 18, 2015
US & Canadian companies
US retailers stumble in Canada
...There have been several success stories over the past few decades by US mass-market contenders moving north of the border, such as Home Depot, Costco, L Brands and Walmart....
January 16, 2015
US trade
US retailers warn on profits after disappointing holiday season
...Profit forecasts were cut on Thursday by Sears, a department store, L Brands, the owner of lingerie brand Victoria’s Secret, and American Eagle Outfitters, a teen fashion retailer....
January 10, 2014
US downturn
US stocks steady after strong rally
...Sears Holdings slumped 4.7 per cent to $57.48, on reports of weak Black Friday sales, and claims that its biggest shareholder, an investment fund linked to chairman Edward Lampert, has been selling shares...
December 1, 2011
US & Canadian companies
Quarterlies tell a tale of two consumers
...In spite of signs of consumer health, Walmart, Sears Holdings and Gap, reported sluggish sales in the US....
August 19, 2011
US downturn
Wall Street slumps on economic data
...Sears shares were down 8.2 per cent at $55.23....
August 18, 2011

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