We begin our show by looking at Michaels earnings results—more specifically, we look at Michaels’ continued attempts to differentiate in the craft retail space and hone in on their core consumer. From there, we discuss the potential impacts of Hurricane Dorian on U.S. retail, paper shrink in organics, and Kimberly-Clark’s confidence. Additionally, we address Kirkland’s “accelerating in a not-positive direction,” as Layton puts it.
In a packed podcast, we talk about Target’s record earnings call (and share price) before discussing L Brands’ Jekyll and Hyde status. From there, we discuss Sears Hometown’s most recent suitor, how a once-bankrupt brand may be helping to save Stage, and various initiatives at Ross before wrapping up by glancing at Costco’s China entrance and Ollie’s Bargain Outlet.
After discussing another quarter in which Walmart provides a positive earnings surprise, we turn our attention to JCPenney’s announced partnership with thredUP, and why it may surpass critics’ expectations. From there, we talk point-of-sale—a new study from creditcards.com suggests customers are still using cash for small purchases at a high rate. We wrap up by looking at Amazon’s…interesting…video promotion.
CVS and Walgreens were both in the news this week, albeit for vastly different reasons—we discuss CVS’ great quarter and more closures for WBA. We then look to the most recent Sears and Kmart closures for optimism, of all things, before turning our attention to a recent story about retail landlords potentially having interest in serving as de facto lenders to struggling tenants.
After referencing Amazon’s earnings to begin the show, we re-hash Albertsons’ latest quarter and some of their ongoing initiatives as the company seeks to make themselves desirable for a potential IPO. From there, we discuss a bellwether in home improvement, as Sherwin-Williams surges on the retail front once again. We wrap up by discussing GNC’s negative (!) e-commerce sales trends and eBay’s newest fulfillment project.
Our yearly obligatory coverage of Prime Day leads the show, as many of the same storylines are pasted in from last year. From there, we discuss Chewy’s first earnings call and their potential path to profitability, and Rent-A-Center’s deal for a virtual lease provider. We wrap up by looking ahead to GNC’s earnings call, and Layton tackles the idea of whether plant-based products are actually taking substantial market share just yet.
We start with Bed Bath & Beyond’s first earnings call with their interim CEO Mark Winston, and attempt to decipher whether or not the company’s directives have actually changed since the previous call. From there, we look at 7-Eleven’s desire to sell more fresh foods—and with it, their desire to clean up their stores’ image. Finally, we talk about Deloitte’s back-to-school forecasts, figs, and Amazon’s new proposed training initiatives.
We begin by focusing on a Recode article that got plenty of attention this holiday week, claiming that Walmart’s e-commerce division may show a $1 billion loss for 2019. We talk about why the main points in the article might be overblown a bit by other media, as well as a new convenience store survey that suggests retailers are very optimistic for the third quarter. We close by talking about the Hawaiian retail landscape, Chico’s shooting down Sycamore’s buyout proposal, and Rite Aid.
This week, we tackle Toys”R”Us—or the newest iteration of Toys”R”Us—as plans leak out about what their new brick-and-mortar presence might look like under Tru Kids. We also discuss analysts’ downward revision of Amazon’s market share, how Stage appears to be ahead of schedule with their Gordmans pivot, and how Home Depot is planning to endure potential tariff impacts.
In a quick podcast, we discuss Layton’s trip to Colombia, the current state of retail in the South American country, and whether there is anything Colombia can adapt from U.S. retail (and vice-versa). We also discuss Target’s no good, very bad weekend, and two stories that we’ll cover in more detail on the June 24th podcast, including new analyst numbers surrounding Amazon.
We begin with Five Below, who, as per usual, released stellar earnings. Of more concern to us, however, are different initiatives the retailer is testing in order to maintain its fast growth. From there, we discuss GameStop, as the company hopes that a SKU revitalization will be its equivalent to a green mushroom. We also talk about the state of cold warehouse storage in the U.S., Barnes & Noble, and Transform Holdco’s attempt to purchase Sears Hometown & Outlet stores.
Although it is a podcast with plenty of positivity, we start with a bit of a downer, as ascena retail group announces their intention to “wind down” Dressbarn as a brand. Meanwhile, Dick’s Sporting Goods beats on earnings, and we compare their recent sales numbers to others in the industry while talking about a category the company feels might be weighing them down. Finally, we compare progress on initiatives from Dollar General and Dollar Tree, as both companies released earnings this week.
We lead with Best Buy earnings, mostly to discuss their Best Buy 2020 initiatives and their new rent-to-own program rolled out in the first quarter. From there, we touch on two mall retailers heading in different directions. First, Foot Locker, whose Champs Sports brand is seeing remarkable success, and then The Buckle, whose price points are headed downward in an effort to win back customers. We close the show by discussing Target’s call as well.
The legacy retailer Macy’s leads our show, not only with their latest earnings report, but as they update progress on their five initiatives to drive both brick-and-mortar and digital traffic back to the retailer. From there, we discuss Walmart’s new NextDay shipping adventure, and the limitations of the program from the customer’s perspective. We also address The Container Store’s stellar earnings, the CEO departure at Bed Bath & Beyond, and Kohl’s rumored interest in At Home.
We lead our show with Tuesday Morning’s latest earnings report, but more than earnings, we discuss a potential shift in the way they handle inventory within their supply chain. After that, there’s a look into Office Depot/Max and their continued pivot away from retail and towards service offerings, and a discussion of Cub and comments their CEO made regarding a potential sale. Finally, we glance at helium’s impact on Party City, and Walmart’s latest move to attract pet owners.
After talking about Stop & Shop and Wegmans, each of whom in the news for very different reasons, we discuss the landscape of single-tenant retail real estate through the lens of National Retail Properties. From there, it’s on to discussing CVS, Kohl’s, a new private label brand at Target, and a new store structuring initiative from Walmart.
We start our show by discussing Rite Aid and fred’s, back-to-back. Rite Aid reiterated some of their initiatives coming out of a transition period, while fred’s reveals a clearance program that leaves us both scratching our heads. We then discuss new data from Thasos that suggests which retail REITs might be leading the way in generating traffic, before talking about Pier 1’s direction forward.
Leading off our show, we take a deep dive into Duluth Trading Co., focusing on the positives and negatives from their past and future initiatives after their earnings call. Then, we turn our attention to Sears, as they announced new store openings, and news broke of a potential reunion with their Hometown stores. We close by discussing news of At Home’s potential sale bid, and an activist investor backing off Dollar Tree.
In two separate segments, and for two different reasons, Shoe Carnival and Sportsman’s Warehouse talked a lot in their respective earnings calls about making plays for available market share. We break down both retailers’ efforts, discuss Albertsons scaling back Plated’s retail presence, and look towards Wayfair’s first permanent brick-and-mortar store.
A podcast heavily weighted towards retailers focused on small- and mid-sized markets, we begin by covering Hibbett Sports’ latest earnings call—and why it was much more positive than most media outlets let on. From there, we discuss Cato’s seeming lack of digital initiatives, ascena’s big announcement, and how new varieties of berries may allow grocers more options in the produce section.