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Here's What The Street Is Saying As Retail Earnings Heat Up
Friday, August 16, 2019 - 2:50pm | 653What shape is the consumer in? Were Macy's Inc (NYSE: M) poor earnings report indicative of the retail environment or should investors look instead at Walmart Inc (NYSE: WMT)? As earnings season starts to heat up, here is a summary of how some of the top retail analysts and experts answered...
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Retail Pro On Lady Gaga's Beauty Line: She's 'Never Gotten Anything Wrong Yet'
Wednesday, July 10, 2019 - 4:02pm | 465International pop star Lady Gaga introduced a new line of beauty products, Haus Laboratories, in a video, and J. Rogers Kniffen Worldwide's Jan Kniffen said it should be a success. Gaga's Beauty Brands Lady Gaga's reputation is stellar, and she's "never gotten...
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4 Expert Takes On Alibaba's Singles Day Sale
Monday, November 12, 2018 - 3:48pm | 588Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) hosted its annual "Singles Day" selling event Sunday, generating the U.S. dollar equivalent of $30.8 billion in gross merchandise volume. Here's what industry experts are saying after the sale. SunTrust:...
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Pro: Why Retail Investors Should Worry More About Wages Than Tariffs
Thursday, November 1, 2018 - 2:33pm | 396Amazon.com, Inc. (NASDAQ: AMZN) is mostly responsible for setting an unofficial $15 per hour minimum wage, and this could be a bigger problem for retail companies than tariffs, according to sector expert Jan Kniffen. What Happened Retailers who pay their employees close to $15 per hour will find it...
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Analysts React To Target's Q2: 'This Is As Good As It Is Going To Get'
Wednesday, August 22, 2018 - 11:36am | 567Retailer Target Corporation (NYSE: TGT) reported a top-and-bottom-line second-quarter earnings beat Wednesday morning. Here's a roundup of some of the Street's initial commentary. The Analysts Edward Jones' Brian Yarbrough maintained a Hold rating on Target with an...
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Amazon's Whole Foods Acquisition: Did It Live Up To The Hype?
Sunday, June 17, 2018 - 4:24pm | 534One full year has passed since Amazon.com, Inc. (NASDAQ: AMZN) announced its acquisition of upscale grocer Whole Foods in a $13.7-billion deal. What Was Said Then Here is a roundup of CNBC's compilation of expert commentary following the acquisition. CNBC's Jim Cramer said Amazon's...
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Tough Year For Retail: The Stores That Closed In 2017
Saturday, December 30, 2017 - 11:18am | 417One of the biggest retail trends throughout 2017: store closures. What You Need To Know A total of 6,985 store closure announcements were made throughout 2017, CNBC reported. This number may seem high — and it is — as data compiled from FGRT (formerly Fung Global Retail &...
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Retail Expert: For The Consumer 'There Is No Bad News' But The Same Can't Be Said For Retailers
Monday, November 27, 2017 - 9:54am | 291Retail investors have valid reason to be concerned heading into the highly competitive holiday shopping season. However, the overall consumer remains strong and ready to shop. The Expert Jan Kniffen, a retail expert with J. Rogers Kniffen Worldwide. The Thesis Heading into the holiday season...
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At Least 1 Pro Thinks Michael Kors Needs To 'Step Up Its Game'
Wednesday, May 31, 2017 - 3:59pm | 421Shares of Michael Kors Holdings Ltd (NYSE: KORS) lost around 10 percent Wednesday and traded at their lowest level in years after the company's fourth-quarter earnings and revenue beat was overshadowed by poor guidance. Investors looking at the stock's decline and thinking it represents a...
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Wal-Mart's Comeback Is The Real Deal, Retail Pro Says
Friday, July 1, 2016 - 11:04am | 311Jan Kniffen, retailing expert and veteran, was a guest on CNBC's "Squawk Box" segment to explain why he thinks Wal-Mart Stores, Inc. (NYSE: WMT)'s turnaround is the real deal. Kniffen started off by stating Wal-Mart is now running the business "much better than they did," as management is doing a "...
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Is The Department Store Model Doomed? This Pro Reveals 3 Different Competitive Threats
Friday, May 20, 2016 - 11:31am | 365Jan Kniffen of J. Rogers Kniffen Worldwide was a guest on CNBC's "Squawk Box" segment to discuss the fate of department stores and where the competitive pressures are really coming from. Kniffen started off by pointing out that Amazon.com, Inc. (NASDAQ: AMZN)'s business has seen a 27 percent growth...
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JPMorgan Retail Ace On Earnings: Department Stores Are Losing Relevance
Friday, May 13, 2016 - 12:57pm | 252How bad has earnings season been for retailers and department stores? According to JPMorgan's Matthew Boss, the answer is concerning for investors who hold positions in some of names. Speaking to CNBC, Boss said earnings for the group haven't been this bad since the 2008 financial...
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Is Amazon Unstoppable? Gene Munster Thinks So
Monday, May 2, 2016 - 1:59pm | 332Warren Buffett had some flattering remarks for Amazon.com, Inc. (NASDAQ: AMZN) CEO Jeff Bezos, but does that automatically translate to a screaming buy for the stock? Piper Jaffray's Gene Munster was a guest on CNBC and answered that exact question. According to Munster, Amazon won't...
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JC Penney: A Dark Horse Among Retailers?
Thursday, April 9, 2015 - 4:14pm | 351After seeing a gradual decline from $40 level since the start of 2012, the stock of J C Penney Company Inc (NYSE: JCP) has gone nowhere in the last year. However, according to JP Morgan's Matt Boss things are about to change soon. Boss was on CNBC Thursday to pick the dark horse among...