SHLD Archives - Market Mad House

daniel September 23, 2015March 16, 2016 Are Department Stores Losing Money?, Costco Wholesale, DDS, Dillard's, Do Department Stores Make Money?, Does Nordstrom Make Money?, Is Department Store Revenue Growing or Not?, Is the End of Department Stores Coming?, JC Penney's, JCP, Kohl's, KSS, M, Mayc's, percentage of middle income households, Sears Holdings, SHLD, The Incredible Shrinking Middle Cass, The profitable Dillard’s

Do Department Stores Make Money?

Part of the reason why retailers such as Penney’s, Sears, Macy’s and Dillard’s are having a hard time maintaining revenue growth is that they have fewer customers. The percentage of middle class families in the population of every state of the Union shrank between 2000 and 2013, research from the Pew Charitable Trust indicates.

The Death Spiral

daniel June 18, 2015June 18, 2015 Dead Malls, Dead Retail, Eddie Lampert, Hundreds of stores closing, Obama Economy, Retail Apocalypse, Retail Apocalypse Gets Worse, Retail Death Spiral, Retail is Dying, Sears, SHLD, Thousands of Stores Closing

Just How Bad Is the Retail Apocalypse Anyway?

The social, political and economic consequences of the retail apocalypse will be immense. It will change America in ways we cannot even begin to imagine. One has to wonder how much longer this will continue until it produces some sort of civil unrest.

The Death Spiral

daniel June 10, 2015March 24, 2016 Eddie Lampert, Kmart Closing, Latest Lampert Deal, Latest Lampert Deal Would Make Sears Insolvent, Retail Apocalypse, Sears, Sears Closing, Sears Death Spiral, Sears Going out of Busienss, Sears Insolvent, Sears out of business, SHLD, Warren Buffett

Lawsuit Alleges Latest Lampert Deal Would Make Sears Insolvent

The Robbins Arroyo prediction of insolvency because of the real estate deals sounds a little too optimistic when you take a look at these figures. If the revenue losses continue, Sears is headed for insolvency with or without the Seritage and other deals.

The Death Spiral

daniel May 22, 2015March 22, 2016 Amazon, American Express, AMZN, Charley Munger, COST, Costco, Disruptive Technology, Eddie Lampert, Lampert, Retail Apocalypse, Sears, Sears Canada, Sears Closing, Sears Closings, SHLD, SRSC, Target, TGT, Warren Buffett, WMT

Is Sears Canada Worse Than Sears USA?

When is a $59.1 million loss and a 4.3% percent decline in same-store sales good news for a retailer? When the company is Sears Canada (NASDAQ: SRSC), that’s when.

Market Insanity

daniel February 6, 2015March 6, 2016 AAPL, AMZN, COST, KR, ODP, Office Depot, Office Depot closes, Retail Apocalypse, SHLD, SPLS, Staples, WMT

Staples’ Purchase of Office Depot Makes No Sense

My prediction: if the merger goes through, there will be bigger losses at Staples as it tries to divest itself of all those stores. The revenue and the stock value of the new Staples will plummet because of those losses. Those losses will come as Staples faces more competition online.

The Death Spiral

daniel October 31, 2014March 26, 2016 Eddie Lampert, JC Penny, Kmart, Kmart Closing, Sears, Sears closes, Sears dying, Sears Holdings, SHLD, Target

Sears is Dying Faster than We Thought

That means Sears could close over 200 stores by the end of the year. It only closed 96 stores last year, and if that isn’t a sign of the death spiral, I don’t know what is. For those of you unfamiliar with it, the death spiral occurs when a retailer’s sales cannot cover its operating expenses, so it has to start closing stores or selling assets to pay the bills.