Although we begin our show looking at Big Lots’ latest earnings results and finish with Teavana and Duluth news, we spend time glancing at AutoZone’s recent push to expand their megahub program, and how that plus commercial sales may boost future revenue for the company. Our guests on this show are Mark Lange and Bradley Null with Reputation.com, who discuss their recently released study on retail brands’ reputation amongst consumers.
We not only summarize early data from Thanksgiving weekend retail sales on this podcast, but we look at two strategic changes at Kroger and how their third quarter earnings bested expectations. Sears Holdings is losing slightly less money, Toys “R” Us executive compensation is under a microscope, and Albertsons partners with Instacart. Our guest is Gatsby CEO Brett Bernstein, who discusses micro-influencers, their importance to retailers, and the genesis of the company.
In this Black Friday edition of the Retail Focus Podcast, we begin by discussing both survey data and anecdotal accounts in attempting to determine just how robust Thanksgiving Weekend sales may have been. Then, we look back to third quarter earnings calls from prior in the week, as Lowe’s continues positive home improvement retail momentum, Dollar Tree crushes it while boosting margins, and DSW blames hurricanes and weather for sub-optimal results.
Retail Focus 11/17/17 – Walmart, JCP, Home Depot Crush Expectations; A Different E-Commerce Perspective
It’s a podcast of optimism and positivity, as three major retailers all beat analyst expectations during earnings calls this week. JCP reduces the burden of inventory, Home Depot continues their hot streak, and Walmart posts increasing sales in nearly every facet of their business. Our guest is Anthony Ferry, CEO of PriceSpider, who discusses e-commerce from a manufacturer’s perspective, including evaluation of minimum advertised price agreements and customer feedback.
We begin with CVS, as the pharmacy giant’s earnings call gave us several things to ponder. Additionally, we look at the gradual improvement plan and right-sizing of the retail base at Crocs, what may be the final HSN earnings call, and Kroger’s misgivings about using AWS. Our guest is Eric Keating, VP for Marketing at Zaius, who discusses the importance of unifying customer information across all platforms for retail companies.
Our lead is Under Armour, who for the first time as a publicly traded company showed shrinking sales in their most recent quarter. We also cover Lumber Liquidators (and more one-time legal expenses) and Albertsons’ latest real estate initiatives. Our interviews in this episode both explore grocery: Kelly Podzemny, who was the first social media coordinator for United Supermarkets, and Diego Maniloff with Unata, whose firm has developed voice ordering technology for independent grocers.
The retail pharmacy sector plays heavily in the Retail Focus Podcast this week, with Walgreens showing a large bump in pharmacy sales, and rumors swirling around a possible CVS acquisition of Aetna. We also discuss JCP’s downward revision of their profit estimates and whether the market is overreacting to said news. Our guest is Racked Senior Reporter Chavie Lieber, who discusses eBay’s initiatives to reclaim market share among online marketplaces.
After eBay released earnings this week, analysts and retailers seemed mixed in reaction, with no one quite sure what lies ahead for the e-commerce giant. We cover another proposed acquisition by SuperValu, job cuts at Blue Apron, teen shopping trends, and Sketcher’s international growth as well. Our interview guest is VNTANA CEO Ashley Crowder, who discusses the use of holograms in retail stores both now and in the future.
Once again, Kroger is back in the news—this time, as they ponder the possible sale of their convenience store holdings. From there, we move on to Big Lots finally unveiling their new store design in Arizona, and Ikea’s potential partnerships with third-party e-commerce sites. Our interview guest is Michael Reitblat, CEO of Forter, who discusses e-commerce fraud prevention dynamics and why retail companies may actually be too cautious when it comes to online payment processing.
Walmart is back into the acquisition game, picking up potential last-mile service Parcel, while Office Depot builds their portfolio by seeking to acquire CompuCom and Sprouts lays forth a growth plan. Our interview guests, recorded at Shop.org, are Michael Klein (Director of Industry Strategy for Adobe) and Dave Campbell (VP of Product Marketing at LogMeIn), who discuss the various technologies the tech giants are working on to assist retailers in both the brick-and-mortar and e-commerce realms.
Retail Focus 9/29/17 – Live From Shop.org: Connecting Physical & Digital, Holiday Promotional Initiatives
In a podcast recorded live at Shop.org in L.A., we lead with former Macy’s CMO Martine Reardon, who discusses merging the physical and the digital in today’s retail landscape. We’re also joined by Chelsie Baugh of RetailMeNot, who gives us a look inside the 2017 holiday shopping promotional push. In between, we discuss retail news from Disney, ascena, and how one store chain’s leftover real estate may spur growth in an upstart farm & home retailer.
Retail Focus 9/22/17 – Finally, Walgreens-Rite Aid Clarity; Seeking a Better E-Commerce Gifting System
We lead with the clarity everyone’s been waiting for regarding the Walgreens-Rite Aid deal, as it storms towards the final stages. Also discussed are tepid earnings from Bed, Bath & Beyond, more news surrounding the Toys “R” Us bankruptcy, and possible positive news ahead of the holiday shopping season. Our guest is Monika Kochhar, founder and CEO of SmartGift, who discusses her company’s data-driven mission to change e-commerce gift-giving for the better.
Kohl’s got a nice boost this week, after it was announced that they would enter a limited partnership with Amazon to sell the e-commerce giant’s devices in ten stores. Additionally, Vitamin World files for Chapter 11 bankruptcy, Target bolsters their seasonal hiring plan, and Kroger unveils their latest pilot venture in Kentucky. We finish with a quick evaluation of Nordstrom, and the apparent increased likelihood the company is taken private.
Amazon once again dominated retail headlines this week, as they announce their intention to open a second headquarters. Meanwhile, Duluth Trading Co and Restoration Hardware both crush expectations, and Toys “R” Us mulls options to restructure their debt. Our interview guest is Stephanie Talmadge, newsletter editor at Racked, who discusses her recent story about buying habits of Greek organizations on college campuses and how retailers market to them.
Despite an excellent quarter, Best Buy implores analysts to proceed with caution as they see the potential for shrinking margins in the future. No such messages were given this week by off-price retailer Ollie’s Bargain Outlet, as their management outlined their future runway to growth. After talking Finish Line, we discuss how Five Below continues to ride consumer trends to success, and how a pending legal issue between Simon and Starbucks could impact future retail closures.
We begin by discussing Michaels’ recent earnings beat, and how vertical integration in their picture framing efforts has helped them along. Then, obligatory coverage of both Whole Foods’ price cuts and Sears’ continued decent, including more store closures. We close with positive news from a revitalized Family Dollar under Dollar Tree. Our interview guest is Sydney Anselmi, a small business consultant who discusses how small mom-and-pop retailers are using e-commerce to grow the reach of their existing brick-and-mortar establishments.
Both Target and Walmart see massive increases in e-commerce sales, but also increases in store traffic; we discuss how each retailer is managing to grow sales against tighter competition. We talk off-price retail with news from TJX of a new store banner, and we’ll look into how the elimination of swimwear hindered L Brands’ most recent quarter. Our interview guest is Amy Zhou, COO of Brandboom, who discusses how digital and e-commerce elements have changed the way retail buyers source their products.
Retail Focus 8/11/17 – Finding Optimism for Kohl’s & Macy’s; Branding of E-Commerce Lifestyle Startups
While most news outlets have come down pretty hard on department stores, we take deep looks into earnings calls from Kohl’s, Macy’s, and JC Penney to find reasons for optimism heading into the third quarter. We also discuss potential retail ramifications of Oregon’s new scheduling law and talk to Racked senior reporter Eliza Brooke about the branding of e-commerce’s lifestyle startups. Our podcast is sponsored by Lightspeed’s speaker series; find out more at https://www.lightspeedhq.com/speaker-series/.
We start by discussing Lumber Liquidators’ return to profitability, as they stun the industry with stellar earnings. Then, on to western wear retailer Boot Barn, as they bounce back from a rough holiday season. Our interview guest is the CEO and founder of Saddleback Leather, Dave Munson, who discusses his company’s growth from the back of a pickup truck to an e-commerce giant. Additionally, we talk Party City’s business initiatives, and Under Armour’s adherence to strategic change. Our podcast is sponsored by Lightspeed’s speaker series; find out more at https://www.lightspeedhq.com/speaker-series/.
Kimco earnings lead off our show, and for good reason—not only do their financials underscore a successful brick-and-mortar retail portfolio, but they also give us a tiny glimpse into the success of Albertsons. We look at how pet-related sales are helping TSC’s revenues, how O’Reilly might have hit the brakes on the auto parts skid, and why Aaron’s might be hoping for an economic downturn. Our sponsor for this podcast is Lightspeed’s speaker series; find out more at https://www.lightspeedhq.com/speaker-series/.