Brian Meeks’ Post

Here they grow again as The TJX Companies, Inc. Companies, Inc. confirms the expansion of their "treasure hunt" experience by over 1300 doors. Learn more: [Link to the article] #TJXCompanies #Retail #Expansion #value #fashion #shoppingandtheretailindustry

Is TJX Companies’ Expansion Into Mexico a Good Move? TJX Companies is partnering with Grupo Axo to expand its off-price retail model into Mexico. This strategic venture aims to leverage Axo’s local presence and experience to capture the value-conscious Mexican market. Read the full article here: https://lnkd.in/gcH3Cufg Robert Amster: "This is one deal with lots of promise and a long runway. Partnering with a domestic, successful operator like Grupo Axo gives the foray a much greater probability of success." Pamela Kaplan: "With TJX’s experience and momentum in the US today, this should be a slam dunk." Gwen Morrison: "TJX is making a sound move by entering Mexico…Having Axo’s support will facilitate real estate, logistics and other local market factors."

#BURL - Burlington Stores Inc NYSE BURL Records 52Week High Thursday Morning Shares of Burlington Stores, Inc. (NYSE: BURL) traded at a new 52-week high today and are currently trading at $240.51. So far today, approximately 1.86M shares have been exchanged, as compared to an average 30-day volume of 1.02M shares. Burlington Stores, Inc. operates as a retailer of bran...

Levi Strauss & Co.’s direct-to-consumer business is booming and now accounts for nearly 50% of all revenue. The shift comes as department stores face an uncertain future in the U.S. and Levi’s looks to grow its stores and website. The retailer beat Wall Street’s earnings and revenue estimates and raised its full-year profit guidance. Conversations On Retail

"Nordstrom's founding family has offered to take the department store chain private for $23 a share, teaming up with a Mexico-based retailer in its latest bid, a filing showed on Wednesday. That price would value the company at roughly $3.76 billion. Its shares have gained 35% since Reuters first reported in March that the family showed interest in taking Nordstrom private. Nordstrom's sales have been stronger of late than some of its peers such as Macy's and Kohl's as it focuses on stocking its shelves with trendier products. The bidders include CEO Erik Nordstrom, President Peter Nordstrom and Mexican retailer El Puerto de Liverpool, who sent a non-binding letter proposing to form a new entity that would buy the chain, according to the filing." #retail #mergersandacquisitions #nordstrom #finance #equipmentfinance #financialservices #corporatefinance #equipmentleasing https://lnkd.in/dgUYHdUR.

The Beyoncé Knowles effect of Cowboy Carter calling out Levis’Store in one of her songs raises your stock price. Despite a drop in 4th quarter sales the denim authority is doing just fine. Like many other retailers Levis’Store has been tightening their belts with layoffs and store closures instead focussing on flagships opening in world capitals like Paris and its DTC platform. The brand is relying less on wholesale as department stores continue to decline like Kohl's and Macy's Michelle Gass also plans to expand the range to dresses, vests and other tops especially as the denim on denim trend is at its all time high. The market for vintage Levis is also doing well. Comebacks are possible and this is a shining example of a brand that has done it. #retail #retailing #fashionretail #levis #earnings #businessstrategy https://lnkd.in/eyysp_cz

Call me skeptical, but this is one of those areas where the doing is much harder than the saying. I agree with the shift toward fewer products with more scarcity and less discounting. To work, though, it has to be paired with a compelling reason to buy, especially for a brand selling better basics. If it was as easy as just saying it, more retailers and brands would be performing better. Am fully onboard with all the cost-cutting initiatives, as well as the sales thru Costco Wholesale (“under license” could be concerning but as long as they are different / unique products, it should be manageable). https://lnkd.in/eSnDxg-6

The final 31 remaining stores of Ted Baker are set to close this week as uncertainty grows around the premium fashion retailer’s potential for a licensing deal with Mike Ashley. Read more below. #TedBaker #MikeAshley #storeclosures #highstreet #retailnews

“Myer has warned that profits have been weighed down by lower spending, store closures and hefty discounting in fashion brands owned by the department store group. Sales fell 2.9 per cent to $3.27 billion in the year to July 27, reflecting the closure of Myer’s Brisbane City and Frankston stores and tighter household budgets. Net profit was between $50 million and $54 million, down from $71.1 million, the retailer said.” Would be interesting to see sales comp store ( to normalise closure impact ) ROCE Given challenges in mid market fashion and as one step in the journey to righsizing the fleet - ok result Some look outs Still nearly 80 percent of Myer business revenue is through their Myer one loyalty program - and Myer liabilities debt still an issue /, Nor commented upon however also wonder if departure of a very canny retailer in John King will influence this and next qtr results And the premier brands fashion performance ? as that deal takes shape, Retail Doctor Group Brian Walker

It is not a surprise to see Next rise and success while Ted Baker and Superdry are financially struggling and went into financial administration process or got in restructuring process this mont. Its a big success to declare record sales rose around 5.9% but real success is increasing group profit with sales and also in different actions like the Reiss acquisition of £109m or getting in the US market with Nordstrom operations. Very interesting article ... #textile #fashion #fabric #fastfashion #retail #departmentstore #brand #sustainablefashion #responsiblefashion #highstreetmarket #sustainability #sourcing #textilesourcing #supplychain #tekstil #moda #kumaş #hızlımoda #mağazacılık #katlımağazacılık #sürdürülebilirlik #sürdürülebilirmoda #tedarik #tedarikzinciri