markham lee and retail

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Quick Thoughts on Black Friday Retail

Markham Lee submits: Some quick thoughts on retail sales over this past Black Friday shopping weekend: Consumers Catching Up: the YoY increase in Black Friday sales needs to be juxtaposed against the fact that the sharp decline in spending from the previous 3-4 months, in other...

Tags: Retail, Markham Lee

External links 2008-12-02

Circuit City Unlikely To Successfully Emerge from Bankruptcy

Markham Lee submits: Several months ahead of my earlier prediction of the company falling sometime after the holiday shopping season, Circuit City CC filed for bankruptcy this morning: From the WSJ: "Troubled electronics retailer Circuit City Stores Inc. filed for Chapter 11 bankruptcy Monday in an...

Tags: Circuit City Stores Inc., Bankruptcy, Seeking Alpha, Markham Lee, Litigation, Business Operations, Retail

External links 2008-11-10

Circuit City Blows a Fuse

Markham Lee submits: Let's check in on one of my favorite whipping boys: Circuit City CC. Needless to say the news isn't particularly good: From the FT: Circuit City, the troubled US consumer electronics chain, is taking urgent steps to keep its business afloat even as the holiday shopping season...

Tags: Circuit City Stores Inc., Seeking Alpha, Markham Lee, Recruitment & Selection, Workforce Management, Consumer Electronics, Payroll Solutions, Human Resources, Personal Technology, Retail

External links 2008-11-04

Misleading Headline Alert: January '09 Consumer Spending 'Rose'

Markham Lee submits: In creative headline news: certain media outlets are reporting that consumer spending rose 1% last month, when the real truth is that it's down 9.7% YoY and only rose 1% in comparison to December. What I suspect happened is that some people simply bought things in ...

Tags: Retail, Markham Lee

External links 2009-02-13

Additional Resources

August Retail Sales YoY Increase Powered by Food and Gas

Markham Lee submits: August's retail sales report came out today and for some bizarre reason many in the media are reporting the data as a decline of -0.3%, despite the fact that the -0.3% is the month to month decline from July '08, and retail sales were actually up 1.6%...

Tags: US Market, Retail

External links 2008-09-14

Retailers' July Sales: Discounters Strongest

Markham Lee submits: Here is a link to a WSJ listing of how various major retailers fared in July. A couple of highlights follow below: Warehouse stores Costco COST and BJ's BJ both saw same store sales increase by 6% and 7% respectively, both appear to be benefitting from...

Tags: Retail, American Eagle Outfitters Inc., Abercrombie & Fitch Co., Aeropostale Inc., BJ's Wholesale Club Inc., Buckle Inc., Costco Wholesale Corp., Hot Topic Inc., Nordstrom Inc., Saks Inc., Zumiez Inc.

External links 2008-08-08

Will Ultimate Electronics' Wattles Get Circuit City?

Part 1 of a series. (See Part 2, "How Mark Wattles Fixes Broken Retailers.") Mark Wattles, the dissident Circuit City shareholder, has gotten almost everything he wanted from management to date. With a $200 million "blank check" stock offering in registration, a track record turning around Hollywood...

Tags: Circuit City Stores Inc., Electronics, Wattles, Corporate Governance, Financial Accounting, Sales Strategy, Business Operations, Corporate Law, Finance, Sales, Lisa Everitt

Blog posts 2008-06-25

Jerry Kuske leaves Katz

MARKHAM, Ontario -- Retail pharmacy veteran Jerry Kuske left Katz Group Canada in mid-December after a five-year stint with the company. No reason was given for the departure, but Kuske indicated to Drug Store News that he will remain in the industry and is considering other leadership options. Kuske...

Tags: Drug Store News

Research articles 2009-01-19