Can Macy’s escape the Department Store Death Spiral?

Macy’s revenues actually grew for the first time in quite a while in 1st Quarter 2018, Stockrow data indicates.
The revenue growth rate was 1.77% which does little make up for losses, but it is far better than the -6.13% negative growth rate reported in 4th Quarter 2017. That means Macy’s delivered an effective revenue growth rate of 7.9%, which is very good.

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Is it the End of Sears?

The saddest part of the sorry saga of Sears is that nobody but its employees might notice if the brand dies. The customers obviously abandoned Sears long ago, leaving nothing but debt and empty stores behind.

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Is Office Depot Making Money?

Like Barnes & Noble (NYSE: BKS), Office Depot is one of those brands that is no longer supposed to exist but somehow keeps hanging on. It seems to generate just enough money to cover expenses and little else.

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Poll Reveals Europe’s Christianity is Dying Fast

The least Christian country is the Czech Republic where 91% of persons aged 16 to 29 identified themselves as “nonreligious,” Europe’s Young Adults and Religion a study by Bullivant indicates. More than eight out of ten; 81% of the same age group in Estonia called themselves non-believers.

There were 12 European countries in which more than 60% of those under 30 identified as nonreligious.

“Christianity as a default, as a norm, is gone, and probably gone for good – or at least for the next 100 years,” Bullivant said.

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Is McDonald’s the New Sears?

This makes Sears and McDonald’s the opposite of value investments, because you will lose money with them. Stay away from Sears and McDonalds they are great American brands doomed by greedy and perhaps incompetent management.

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Sears the Death Spiral Continues

There are strong indicates that Sears has run out of money. The company is unable to make payments on a $400 million loan that was due on June 30, 2018.

The next likely scenario is that Sears will sell off Kenmore, possibly to Amazon (NASDAQ: AMZN), Home Depot (NYSE: HD), Best Buy (NYSE: BBY), or Lowe’s (NYSE: LOW). Any of those companies would be smart to have Kenmore as an exclusive appliance brand. Sears is finished but Kenmore might survive.

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Macy’s is Doomed

The truly frightening statistic is that Macy’s has lost $1.09 billion in revenues during the first three quarters of 2017. Macy’s reported $25.78 billion in revenues at the end of January 2017 and $24.69 billion at the end of October. The revenues shrank by $1.09 billion in just nine months.

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This is the way the Department Stores Die, JC Penney and the Bon-Ton Stores

What’s truly disturbing is that the two department store operators might be overpriced at those horrific share prices. The latest financial numbers, appropriately dated October 31 or Halloween Day, indicate investors are probably paying too much for Bon-Ton and Penney at those prices.

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Retail Apocalypse Heats up 6,700 stores have closed in 2017

2017 has become the worst year for store closings in the United States possibly since the Great Depression. There is a strong possibility that the actual number of store closings might exceed 10,000. Such a number is possible because analysts like Credit Suisse may not be counting franchisees and mom and pop stores that will also be going under.

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Can Barnes & Noble be saved??

Nordstrom has demonstrated that retailers like Barnes & Noble might have more value than many people think. Unfortunately, that value is not presently being exploited in any sort of meaningful way. Barnes & Noble is doomed without an acquisition or a radical change in business plan.

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