I’ve stolen that title from the article I want you to read. It’s of particular interest to me because I live in the Northwest. More precisely, in Bellevue across the lake from Seattle. As an aside, the really good thing about living in the great state of Washington (regardless of your political affiliation) during this […]
Robots Invade Retail Read More »
Tilly’s has the same issues all retailers are facing, and their response isn’t really different. But at least they grew their sales and net income a bit. Revenue in the quarter ended July 30 rose 4.9% to $136.4 million from $130.0 million in last year’s quarter that ended August 1, 2015. They also managed to
What All Retailers Are Doing: A Short Note on Tilly’s July 30 Quarter Read More »
Zumiez is one of the public companies I follow that I hold up as doing most things right, but that doesn’t make them invulnerable to a tough economic environment. Revenues for the quarter ended July 30 were down 0.86% from the same quarter ended last year on August 1. They declined from $179.8 to $178.3
Zumiez Quarter and Some Interesting Conference Call Comments Read More »
I love golf. That’s because I have an uncanny ability to only remember the good shots and to believe, in spite of all evidence to the contrary, that there’s no reason I shouldn’t play well next time. This, of course, is one popular definition of insanity- but perhaps I should move on.
A Lesson from a Related Industry Read More »
I was reading Zumiez’s 10-Q and conference call and came across a question from an analyst (Sharon Zackfia from William Blair) on labor scarcity and wage pressures. Here’s what she asked: “I guess I’m curious from a labor standpoint kind of as labor gets scarcer and scarcer and wages are going up, how — what
Well, how nice to be reporting the results of an Australian company that’s making money. Life was not as good for Globe in the second half of the year as in the first. Still, it feels like they are doing most things right. I suppose I should confess that they sent me a copy of
Globe Reports Annual Results. How Was the Second Half of the Year? Read More »
I’ve been encouraged by a couple of readers to pay attention to SurfStitch, which I haven’t typically covered. But now I am. Turns out, it’s way too interesting not to. SurfStitch (SS for short) is an ecommerce retailer through the three sites SurfStitch.com, Surfdome.com, and Swell.com. It also has three sites it calls media platforms;
SurfStitch Annual Results- Wow! And Not in a Good Way. Read More »