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Retail Pro Says Giants Like Amazon, Walmart Will Prevail After Coronavirus: 'It's Not Fair'
Wednesday, May 13, 2020 - 1:45pm | 863Jefferies analysts recently visited a Best Buy Co Inc (NYSE: BBY) store and left with a positive impression of the retail's in-store appointment process. Retail expert Kristin Bentz isn't as bullish on the future of shopping. Jefferies: 'A Treat' Jefferies analysts said in a May 6...
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Why LVMH, Kering Are Well-Positioned For Recovery, 'Revenge Buying' At Hermes
Monday, May 11, 2020 - 7:59am | 546Global sales of personal luxury goods are expected to fall 60% in the second-quarter of 2020 due to the coronavirus pandemic, according to a Bain & Co. report. Last week, the Ares Management Corp (NYSE: ARES) co-owned, high-end retailer Neiman Marcus became the first large department store...
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Is The Coronavirus An 'Existential Threat' For Retailers?
Monday, April 6, 2020 - 4:39pm | 1072The coronavirus pandemic represents an "existential threat" to the entire retail sector and there will be a "fundamental changes" to the longer-term business model, Steve Sadove, former chairman and CEO of Saks, said in a Thursday CNBC "Squawk Box" interview....
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These Notable Execs Cleaned Out Their Desk Drawers In 2016
Wednesday, August 24, 2016 - 1:12pm | 6872016 has been a great year for many executives who found greener pasture at other organizations. For others, their careers took a step back as they were ousted from their jobs. Here is a look back at some of the notable executives who cleaned out their desk drawers in 2016, the most recent and...
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Retail Expert: Ralph Lauren Hiring Management From Coach Is Like Chipotle Hiring From Taco Bell
Tuesday, June 14, 2016 - 6:02pm | 216Late last week, Ralph Lauren Corp (NYSE: RL) hired the chief financial officer of Coach Inc (NYSE: COH) -- Jane Nielsen -- as part of a bid to reinvigorate the brand with fresh management. This caught the attention of noted luxury retail expert, Kristin Bentz. "$RL hiring mgmt form $COH is...
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Analyst Not Surprised About JCPenney, Says Anecdotal Evidence Is Clear
Friday, May 6, 2016 - 3:43pm | 340J C Penney Company Inc (NYSE: JCP) shares are poised to finish the week down more than 10 percent after the company announced it will be taking a series of drastic measures to help protect the struggling companies bottom line. The New York Post reported that JCPenney has slashed payroll, frozen...
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'Retail Thursday' Isn't The Same As It Used To Be...
Thursday, May 5, 2016 - 7:25pm | 312A number of companies in the Retail sector posted monthly retail metrics this week, on Wednesday and Thursday. A very important day for retail investors in years past, the first Thursday of each month was known to be marked off on calendars as a day when an important metric, same-store sales, could...
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Bentz: Here's The Concern For A Starwood-Marriott Merger
Thursday, March 31, 2016 - 5:36pm | 240In an unexpected development in the Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) acquisition battle, Chinese firm Anbang Insurance Group decided to walk away from its proposed takeover for almost $14 billion. Talented Blonde analyst Kristin Bentz shared some thoughts on the issue in...
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Sports Authority Bankruptcy Indicates 'Secular Implosion Of Traditional Retail'
Wednesday, March 2, 2016 - 3:23pm | 357Sports Authority filed for Chapter 11 protection Wednesday after rumors of the company's bankruptcy swirled around the Street over the past month. The retailer will close 140 stores, according to a report by Bloomberg. Related Link: Stifel Nicolaus Upgrades Big 5 Sporting Goods To Buy The...
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Lululemon Buoyed By 'Cult Following'
Tuesday, January 12, 2016 - 5:40pm | 394Lululemon Athletica inc. (NASDAQ: LULU) shares breached $60 for the first time in almost four months on Tuesday, following the athleisure company's strong guidance report. But investors worried about whether it's a viable play in a struggling retail industry needn't, at least...
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Expert: Macy's An Amazing Brand, But Only Solution Is To Close Stores
Tuesday, January 12, 2016 - 3:29pm | 533Macy's, Inc (NYSE: M) shares are rebounding this week, but according to Kristin Bentz, investors shouldn't be fooled: Macy's is in deep trouble. Bentz loves CEO Terry Lundgren, but admitted there are certain things that even he can't fix. "They're trying to do...
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This Retail Expert's Holiday Outlook Says It's Not About If Consumers Spend, But Where They Will Spend
Friday, November 6, 2015 - 12:12pm | 723In a recent report, Kristin Bentz, President of Talented Blonde LLC shared an outlook of the upcoming holiday season. Bentz' contention “has been and still is, that Black Friday is more of a non event with consumers—a symbolic kick-off to the holiday shopping season....
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Nike-Lululemon Rumor 'Probably A Long That Wants To Get Out'
Tuesday, September 29, 2015 - 1:02pm | 322Around 11:00 a.m. ET, there was some unconfirmed market chatter about Nike Inc (NYSE: NKE) having made a $60 per share bid to acquire Lululemon Athletica inc. (NASDAQ: LULU). Kristin Bentz, President of Talented Blonde LLC, commented on the rumor. Shares of Nike were down about 1.6...
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Luxury Retail Expert Says Sequential-Martha Stewart Deal Would Be A 'Win-Win'
Thursday, June 18, 2015 - 4:45pm | 258A rumor surfaced Thursday that Sequential Brands Group Inc (NASDAQ: SQBG) is moving to acquire Martha Stewart Living Omnimedia (NYSE: MSO). According to The Wall Street Journal, the buyout could be announced within a few days, although no details are known. Kristin Bentz, President of...
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What Retail Sales Say About Interest Rates
Thursday, June 11, 2015 - 4:35pm | 579The U.S. Census Bureau released its monthly retail sales figures this morning. Retail sales were up 1.2 percent month-over-month in May, only slightly higher than consensus expectations of a 1.1 percent increase. Retail sales excluding gasoline and automobiles were up 0.7 percent. As with every...