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Tag Archive: jcp

Oct
31

Look No Further than Retail for a Halloween Fright

halloween

In honor of Halloween lets talk about what scares me for H2 1.This year I am going to dress up as Sir Philip Green (Topshop founder) and scare US retailers to death.  If I don’t scare them on Halloween the opening of Tophsop Fifth Avenue will do the “trick”. For the teen and missy space …

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Oct
21

JCP New Leader Trades in Orange Apron for Full Plate

Published Oct 13, 2014 J.C. Penney (JCP) finally found its leader. Marvin Ellison will leave his orange apron at Home Depot (HD) to join JCP Nov. 1st as CEO in training. He will officially take over August 2015. Ellison has an outstanding track record running stores at Home Depot and JCP is banking on the hope he can …

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Oct
21

COST: Costco Breaks the Cycle

Published Oct 8, 2014 Even though it is trading at a 24x multiple on a day where retail dinosaurs J.C. Penney(JCP) and Sears (SHLD) seem to be losing the good fight, Costco (COST) is looking pretty outstanding. This morning, after months of incredibly consistent same-store sales but lagging profit growth, Costco reported a long-awaited earnings-per-share (EPS) beat. The naysayers on …

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Jan
11

Macy’s: Slow and Steady Wins the Race

published Jan 9 2014 Macy’s (M) just reconfirmed the best way to play low expectations is stick with the best of breed. I have long been a proponent of the average investor staying away from “turnaround” stories like J.C. Penney (JCP) in favor of slow-and-steady-wins-the-race stories like Macy’s. This was illustrated on Wednesday when JCP issued …

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Jan
02

Retail Darkhorses: Management Matters

This year the dark horse in retail was the consumer electronics space. Best Buy (BBY) and hhgregg (HGG) woke up from life support. After real concerns that consumer electronics big box retail would even survive, BBY is up 240% and HGG is up 94% Here is the interesting part about these 2013 retail leaders. Sales and …

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