Sears Holdings is readying a bankruptcy filing that could come as soon as this week, the Wall Street Journal reported on Tuesday citing people familiar with the situation. The Journal reported that the company has hired M-III Partners to help with the bankruptcy proceedings. M-III has been working with Sears for more than two years,…
Tag: retail
How is Best Buy Thriving in the Age of Amazon
In Best Buy’s perfect world, all 380 of its new “in-home advisors” would park their clean, white Priuses in front of a customer’s house rather than in the driveway, where the car could block others. They would quickly appraise the neighborhood, survey the landscaping, and see if a security system is in place. After knocking…
Microsoft and Walmart Team Up to Take On Amazon
Walmart has plenty of competition, but you could argue that its only real rival is Amazon.com (NASDAQ:AMZN). And the two massive retailers are engaged in a technological arms race to make shopping as easy and convenient as possible for customers. That’s an area where the e-commerce leader has had an edge. Because Amazon started as…
Avenue Supermarts (DMART) Research Report by Motilal Oswal
Avenue Supermarts (DMART) owns and operates an emerging national supermarket chain, ‘D-MART’. Focused on value retailing, it offers a wide range of fast-moving consumer (food and non-food) products, general merchandise and apparel. DMART has grown impressively from opening its first store in Mumbai in 2002 to 131 stores spread across 11 states. Over the last…
Prabhudas Lilladher Research Report – Hindustan Unilever
We are upgrading Hindustan Unilever to Buy (earlier Accumulate) and increase FY18 and FY19 EPS estimates by 6‐10% following improved growth visibility. We expect sustained improvement in volume growth and margin expansion as a part of Unilever’s global drive to boost EBIDTA margins to 20% by 2020. Although GST is likely to provide temporary disruption…
Sears Holdings Chairman Eddie Lampert’s Thoughts on Strategy & Profitability
Following our year-end financial results announcement this morning, I wanted to reflect on the progress we made over the past year and emphasize key elements of our strategy going forward. As many of you know, 2016 proved to be another challenging year for most “bricks and mortar” retailers. Our company was not immune to these…
The Fervent Loyalty of a Costco Customer
“The greatest companies in lousy industries share certain characteristics. They are low cost operators and penny pinchers in the executive suite. They avoid going into debt. They reject the corporate caste system that creates white-collar Brahmins and blue-collar untouchables. Their workers are well paid and have a stake in the companies’ future. They find niches,…
Mahindras to Step up Retail Operations
After opening 100 stores over the past four years under the ‘Mom & Me’ brand, Mahindra Retail, the low-profile retailing arm of $15.5-billion Mahindra Group, wants to go full steam. The company, which retails maternity and baby products under ‘Mom & Me’, wants to open 50 stores under that brand. It also plans to open…
Carrefour finally says yes
After years of talking to many industrial and retail houses, the French retail giant, Carrefour has agreed for a retail alliance with Kishore Biyani’s Future Group. Future Group will open Carrefour-branded franchise stores in the country under a deal signed three months ago, said the two persons, who spoke on condition of anonymity because an…