The Canadian dollar fell to a four-month low on Friday, ahead of the nation's CPI and Retail Sales reports.
Earlier in the week the Canadian currency had been under pressure against its U.S. counterpart, as positive economic data and speculation over tighter monetary policy underpinned the greenback. Additionally, recent comments from both Bank of Canada Governor Stephen Poloz and�Reserve Bank of Australia Governor Glenn Stevens�weighed on the Canadian dollar.
Tame Inflation�
Consumer price inflation in Canada fell 0.2 oercent in October, missing expectations for a 0.2 percent increase.
Hot Consumer Companies To Buy Right Now: Coach Inc (COH)
Coach, Inc. (Coach), incorporated in June 2000, is a marketer of fine accessories and gifts for women and men. Coach�� product offerings include women�� and men�� bag, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches and fragrance. The Company operates in two segments: Direct-to-Consumer and Indirect. Accessories include women�� and men�� small leather goods, novelty accessories and women�� and men�� belts. Women�� small leather goods, which coordinate with its handbags, include money pieces, wristlets, and cosmetic cases. Men�� small leather goods consist primarily of wallets and card cases. Novelty accessories include time management and electronic accessories. Key rings and charms are also included in this category. Men�� handbag collections include business cases, computer bags, messenger-style bags and totes. Footwear is distributed through select Coach retail stores, coach.com and about 1,000 United States department stores. Wearables category is comprised of jackets, sweaters, gloves, hats and scarves, including both cold weather and fashion.
The Company�� Jewelry category is comprised of bangle bracelets, necklaces, rings and earrings offered in both sterling silver and non-precious metals. Marchon Eyewear, Inc. (Marchon) is the Coach�� eyewear licensee. Coach sunglasses are sold in Coach retail stores and coach.com, department stores, select sunglass retailers and optical retailers in major markets. The travel collections are comprised of luggage and related accessories, such as travel kits and valet trays. Movado Group, Inc. (Movado) is the Company�� watch licensee, which develops a collection of watches.
Estee Lauder Companies Inc. (Estee Lauder), through its subsidiary, Aramis Inc., is Coach�� fragrance licensee. Fragrance is distributed through Coach retail stores, coach.com and about 4,000 United States department stores and 500 international locations. Coach offers four women�� fragrance col! lections and one men�� fragrance. The women�� fragrance collections include eau de perfume spray, eau de toilette spray, purse spray, body lotion and body splashes.
Direct-to-Consumer Segment
The Direct-to-Consumer segment consists of channels that provide the Company with immediate, controlled access to consumers: Coach-operated stores in North America; Japan; Hong Kong, Macau, and mainland China, Taiwan, Singapore and the Internet. This segment represented approximately 89% of Coach�� total net sales during the fiscal year ended June 30, 2012 (fiscal 2012), with North American stores and the Internet, Coach Japan and Coach China contributing approximately 63%, 18% and 6% of total net sales, respectively. Coach stores are located in regional shopping centers and metropolitan areas throughout the United States and Canada. The retail stores carry an assortment of products. Its stores are located in locations, such as New York, Chicago, San Francisco and Toronto.
Coach�� factory stores serve as a means to sell manufactured-for-factory-store product, including factory exclusives, as well as discontinued and irregular inventory outside the retail channel. These stores operate under the Coach Factory name. Coach�� factory store design, visual presentations and customer service levels support. Coach views its Website as a key communications vehicle for the brand to promote traffic in Coach retail stores and department store locations. Its online store provides a showcase environment where consumers can browse through a selected offering of the latest styles and colors.
Coach Japan operates department store shop-in-shop locations and freestanding flagship, retail and factory stores, as well as an e-commerce Website. Flagship stores offer an assortment of Coach products that are located in select shopping districts throughout Japan. Coach China operates department store shop-in-shop locations, as well as freestanding flagship, retail and factory sto! res. Flag! ship stores, which offer an assortment of Coach products, are located in select shopping districts throughout Hong Kong and mainland China. Coach Singapore and Taiwan operate department store shop-in-shop locations as well as freestanding flagship, retail and factory stores. Flagship stores, which offer a range of assortment of Coach products, are located in select shopping districts in Singapore and Taiwan.
The Reed Krakoff brand represents New American luxury primarily for handbags, accessories and ready-to-wear. Reed Krakoff operates department store shop-in-shop locations, freestanding flagship stores, as well as an e-commerce Website at reedkrakoff.com. Flagship stores, which offer an assortment of Reed Krakoff products, are located in select shopping districts in the United States and Japan.
Indirect Segment
The Indirect segment represented approximately 11% of total net sales in fiscal 2012, with United States Wholesale and Coach International representing approximately 6% and 4% of total net sales, respectively. The Indirect segment also includes royalties earned on licensed product. U.S. Wholesale channel offers access to Coach products to consumers who prefer shopping at department stores. Coach products are also available on macys.com, dillards.com, bloomingdales.com, lordandtaylor.com, belk.com, vonmaur.com and nordstrom.com. Coach�� products are sold in approximately 990 wholesale locations in the United States and Canada. Its U.S. wholesale customers are Macy�� (including Bloomingdale��), Dillard��, Nordstrom, Lord & Taylor, Carson�� and Saks Fifth Avenue.
Coach International channel represents sales to international wholesale distributors and authorized retailers. Coach has developed relationships with a select group of distributors who sell Coach products through department stores and freestanding retail locations in over 20 countries. Coach�� network of international distributors serves various markets: South Korea, US & T! erritorie! s, Taiwan, Malaysia, Hong Kong, Mexico, Saudi Arabia, Thailand, Japan, Australia, Singapore, UAE, France, China, Macau, Indonesia, Kuwait, Bahamas, Aruba, Vietnam, New Zealand, Bahrain, India and Brazil.
Advisors' Opinion:- [By Dan Caplinger]
Movado has put in place a number of lucrative partnerships, going beyond selling its own line of luxury watches by creating watch lines for other luxury retailers. By latching onto the success of fellow luxury retailers Coach (NYSE: COH ) and the Juicy Couture division of Fifth & Pacific (NYSE: FNP ) , Movado ensures that it's able to get customers from multiple sources targeting different demographics.
- [By WWW.DAILYFINANCE.COM]
Hong Wu/Michael Kors/Getty Images Here's something that you don't see every day. On Monday, Michael Kors (KORS) posted strong quarterly results with sales and earnings soaring 43 percent and 50 percent, respectively. The stock plunged 6 percent on the news. A day later, rival handbag maker Coach (COH) saw its sales and adjusted earnings decline 7 percent and 35 percent, respectively. The stock opened higher. Wall Street doesn't usually punish growth and reward failure, but it's all relative here. Kors may have blasted through Wall Street's top- and bottom-line targets, but analysts were disappointed in the guidance for the current quarter that Kors provided, suggesting margin contraction and that earnings will fall short of expectations. Coach's quarter was a stinker on the surface, but the market was braced for even more pain. Wall Street pros were forecasting adjusted earnings per share to plunge 40 percent on a double-digit percentage drop in sales. It also didn't hurt that Coach had an upbeat demeanor as it talked up its overseas growth, success with its expanding products for men, and the buzz generated by its new creative director that was brought on board late last year to reinvigorate the brand. It's Never Entirely In the Bag The market this week is suggesting that Coach is bouncing back and that Kors is reeling, but the numbers tell an entirely different story.
The market's concerned that Kors is following Coach's footsteps down a spiral staircase leading to a clearance rack.
- [By U.S. News]
Linda Davidson/The Washington Post via Getty ImagesShoppers at the Tanger Outlet Mall in Oxon Hill, Md. There are few forms of shopping I enjoy more than outlet shopping. There is something about all of those discount stores packed so closely together that makes me super excited! But I am not going to tell you that all outlet stores are a good deal, because some of them are not. Also, brands sometimes create cheaper items to sell specifically in their outlet locations, and those are not always a smart buy. But for the most part, outlet malls are still an excellent way to save some money while picking up items for the entire family. Here are five ways to make the most of your trip to an outlet: 1. Figure out the outlet 'brand.' There are a couple of management companies that own quite a few outlet malls in the United States, including Premium Outlets (SPG) and Tanger Factory Outlet Centers (SKT). Before heading out, be sure to check the website for the entire outlet mall for any possible deals or coupons. Premium and Tanger Outlets also have Facebook (FB) pages where they will occasionally post coupons that you can print from home. 2. Look for an outlet discount card or VIP program. Many outlet malls have VIP savings programs that can save you big bucks throughout the year and also give you special access to new promotions and sales. The Fashion Outlets of Chicago opened last year and offer a Green Savings Card that costs $5 for a yearly membership. Those with a Green Savings Card receive extra discounts at a huge number of stores and restaurants in the mall, which is on top of the already low prices. 3. 'Like' the outlet store on Facebook. If there is an outlet store that you frequent, go ahead and like its Facebook page so that you will be one of the first to know about sales and promotions. The Kate Spade Outlet (KATE) will frequently post promotions to Facebook before emailing subscribers. The J. Crew Factory Store has offered special promotions th
- [By FAST Graphs]
About a month or so ago, I heard a story about an adult woman buying a Coach (COH) Barbie doll for around $100. Actually she bought a couple, just for good measure. What struck me about this account was the fact that this woman didn�� like Barbie dolls and had no plans of ever using them. She bought $100 molds of plastic for a single reason: the brand, Coach. Later she heard the dolls were sold out, and she was downright giddy about owning a pair of showcase items.
Top 10 Retail Stocks For 2014: Axxess Unlimited Inc (AXXU)
Axxess Unlimited, Inc., incorporated on June 8, 2000, is the holding company for the Axxess family of companies. The Axxess family of companies includes both vertically-integrated operating businesses and horizontally-integrated companies with each supported by a common software technology - the Axxess RISE Platform. The Company provides next-generation business intelligence for a range of businesses and organizations. It provides information-driven business solutions through interactive marketing, interactive technologies, application and product development, customer relationship management, business intelligence, portals and collaboration, and infrastructure solutions. Its companies include Axxess Digital (AxxuD), Axxess Apps (AxxuA) and Axxess Brands (AxxuB).
Axxess Digital
AxxuD is an interactive digital agency company. The Company relies on the core logic of the Axxess Unlimited RISE platform.
Axxess Apps
AxxuA is a software development company. The focus of AxxuA includes: enterprise applications, custom applications, cloud applications and mobile applications. The Company has software-as-a-service (SaaS) solutions and custom and mobile products available in the government services, automobile dealership, medical and consumer goods sectors.
Axxess Brands
AxxuB is a marketer and manufacturer of specialty brands in better-for-you and indulgent categories under a variety of Company owned and licensed brand names. AxxuB licenses brands and provides outsource management.
Advisors' Opinion:- [By James E. Brumley]
A week and a half ago, yours truly penned some bullish thoughts on Axxess Unlimited Inc. (OTCMKTS:AXXU). Not too many traders read that take, and/or if they did, they didn't seem to care. The response to the commentary was non-existent (good or bad), and there was no sudden rush to go out and buy AXXU. Today's second look may have a different outcome.
Top 10 Retail Stocks For 2014: Kohl's Corporation(KSS)
Kohl?s Corporation operates department stores in the United States. The company?s stores offer private and exclusive, as well as national branded apparel, footwear, and accessories for women, men, and children; soft home products, such as sheets and pillows; and housewares primarily to middle-income customers. As of January 29, 2011, it operated 1,089 stores in 49 states. The company also offers on-line shopping on its Web site at Kohls.com. Kohl?s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.
Advisors' Opinion:- [By Ben Levisohn]
But, push comes to shove, when the weather was conducive to spending the better merchandized JC Penney reconnected with its lapsed customers, disenchanted Target (TGT) customers (Target�� apparel section in men and women has gotten very, very poor), and Kohl�� (KSS) customers to deliver a quarter that removes the company further away from the bankruptcy equation.
- [By Annalisa Kraft-Linder]
Annalisa Linder A glorious Saturday afternoon, and Sears is virtually empty. Merchandise is all jumbled; aisles are blocked; it looks dispirited. After a spate of photo stories on the disarray at Sears, I wanted to look for myself. The sadder side of Sears, indeed. J.C. Penney (JCP) and Macy's (M) in the same mall in suburban Maryland were busier, neater and drawing younger customers. Annalisa Linder If you remember the slogan, "the softer side of Sears," then you're the typical Sears age demographic, and if you never heard it, you are the younger shopper it desires but can't attract. Sears Holdings' (SHLD) sales have declined for years as it loses customers to Kohl's (KSS) and J.C. Penney and younger customers throng to Macy's. Most mall anchor stores are struggling. A recent Piper Jaffray survey found that teens aren't hanging out at the mall anymore and prefer a social "experience," preferably at a restaurant. Sears and Sears Holdings' Kmart stores have been hit particularly hard. CEO Eddie Lampert noted on the most recent earnings call that shoppers only visit three stores per mall trip now, compared to five in 2007. The Sadder Side of Sears
- [By Varun Chandan, Arora]
This has been an excellent year for most department stores. Year-to-date, shares of Macy's (NYSE: M ) have gained nearly 43%, while�Kohl's (NYSE: KSS ) has gained nearly 30%. One notable, but not surprising, exception has been J.C. Penney (NYSE: JCP ) . Shares of the Plano, Texas-based company have fallen more than 55% this year as the company has continued to struggle. However, last month the company reported encouraging quarterly results which indicate that its turnaround plan is working. So, is this a good time to buy J.C. Penney?
Top 10 Retail Stocks For 2014: Ulta Salon Cosmetics and Fragrance Inc (ULTA)
Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta), incorporated on January 9, 1990, is a beauty retailer, which provides one-stop shopping for prestige, mass and salon products and salon services in the United States. During the year ended January 28, 2012 (fiscal 2011), the Company opened 61 new stores. It operates full-service salons in all of its stores. Its Ulta store format includes an open and modern salon area with approximately eight to 10 stations. The entire salon area is approximately 950 square feet with a concierge desk, skin treatment room, semi-private shampoo and hair color processing areas. Each salon is a full-service salon offering hair cuts, hair coloring and permanent texture, with salons also providing facials and waxing.
The Company offers products in the categories, such as cosmetics, which includes products for the face, eyes, cheeks, lips and nails; haircare, which includes shampoos, conditioners, styling products, and hair accessories; salon styling tools, which includes hair dryers, curling irons and flat irons; skincare and bath and body, which includes products for the face, hands and body; fragrance for both men and women; private label, consisting of Ulta branded cosmetics, skincare, bath and body products and haircare, and other, including candles, home fragrance products and other miscellaneous health and beauty products. The Company has combined its three operating segments: retail stores, salon services and e-commerce, into one reportable segment.
The Company competes with Macy��, Nordstrom, Sephora, Bath & Body Works, CVS/pharmacy, Walgreens, Target, Wal-Mart, Regis Corp., Sally Beauty and JCPenney salons.
Advisors' Opinion:- [By Sue Chang]
Ulta Salon Cosmetics & Fragrance Inc. (ULTA) �is projected to post fourth-quarter earnings of $1.07 a share.
- [By Jonas Elmerraji]
Nearest Resistance: $130��br>Nearest Support: $100��br>Catalyst: Q2 Earnings
Shares of beauty supply operator Ulta Salon, Cosmetics & Fragrance (ULTA) moved up approximately 20% in Friday's session, boosted by positive second quarter earnings numbers. Ulta reported profits for 94 cents per share for the quarter, beating out analysts' best guess profits of 83 cents per share. Even better, the firm expects third quarter revenues on the high end of Wall Street's expectations for both revenue and profits.
The technicals look good in ULTA right now. This stock's big gap higher on Friday broke shares above key round-number resistance at $100, clearing the way for a retest of last year's highs up near $130. For traders who aren't risk-averse, ULTA is buyable here.
Read More: 5 Stocks With Big Insider Buying
Top 10 Retail Stocks For 2014: Natural Grocers By Vitamin Cottage Inc (NGVC)
Natural Grocers by Vitamin Cottage, Inc., incorporated on April 9, 2012, is a specialty retailer of natural and organic groceries and dietary supplements. The Company operates within the natural products retail industry. The Company offers products and brands, including a selection of natural and organic food, dietary supplements, body care products, pet care products and books.
The Company offers its customers an average of approximately 18,000 store-keeping units (SKUs) of natural and organic products per store, including an average of approximately 7,000 SKU of dietary supplements. As of June 30, 2012, the Company operated 55 stores in 11 states, including Colorado, Idaho, Kansas, Missouri, Montana, Nebraska, New Mexico, Oklahoma, Texas, Utah and Wyoming, as well as a bulk food repackaging facility and distribution center in Colorado. The size of its stores varies from 5,000 selling square feet to 14,500 selling square feet, and a new store averages 9,500 selling square feet.
Advisors' Opinion:- [By Brian Stoffel]
Much has been made recently about new entrants into the organic/natural food space in America. While Sprouts Farmers Market� (NASDAQ: SFM ) , The Fresh Market (NASDAQ: TFM ) , and Natural Grocers by Vitamin Cottage� (NYSE: NGVC ) attempt to use Whole Foods' blueprint, Wal-Mart (NYSE: WMT ) is teaming up with Wild Oats to offer more organic goods in its discount stores.
Top 10 Retail Stocks For 2014: CarMax Inc(KMX)
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. In addition, the company provides customers financing alternatives through its finance operation, CarMax Auto Finance, as well as through its third-party financing providers. Further, it offers a range of other related products and services, including the sale of extended service plans, guaranteed asset protection, and accessories; the appraisal and purchase of vehicles directly from consumers; and vehicle repair services. As of December 21, 2011, the company operated 107 used car superstores in 52 markets. CarMax, Inc. was founded in 1993 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Laura Brodbeck]
Next week investors will be waiting for several key earnings reports including FedEx Corporation (NYSE: FDX), Jabil Circuit, Inc (NYSE: JBL), CarMax Inc (NYSE: KMX) and BlackBerry (NASDAQ: BBRY).
- [By Rick Aristotle Munarriz]
M. Spencer Green/AP CarMax (KMX) reported quarterly results last week. The market didn't like it. Shares of the leading used-car dealer fell by 4 percent on Friday, carrying over into another 4 percent loss on Monday. It wasn't a bad report -- Wall Street was just holding out for a better overall performance as sales and earnings fell short of expectations. CarMax's report offers a great glimpse into trends of the resale market, which tops the 16 million or so new cars sold every year. Let's go over a few things that CarMax was taught us this time around. CarMax's Model is Gaining Popularity Used-car salesmen used to have a shady reputation, but today's youth will probably have to stream a copy of "Used Cars," a 1980 film with Kurt Russell, to get that feeling. No longer do we automatically think of slick-talking salesmen trying to unload lemons. CarMax offers an experience that's a lot closer to new car showrooms with clean floors, massive selection and sales reps that don't necessarily have a hidden agenda because the cars are sold at haggle-free prices. What you see is what you will pay. Potential car buyers seem to like it that way. CarMax claims that its market share has risen by 17 percent over the past year in terms of its core product of selling cars that are no more than 10 years old. Folks Prefer Newer Used Cars The economy's improving, but that doesn't mean that everyone can afford a new car. In fact, CarMax posted its best store-level comps growth in terms of the number of vehicles sold at its lots since 2002. It sold 12 percent more used cars at the individual store level last year than it did in 2012. However, these folks still don't want to drive really old cars. CarMax revealed during its conference call that 70 percent of its sales are for vehicles that are 4 years old or newer. It's Getting Hard for Drivers with Bad Credit to Get the Keys One of the negative surprises in CarMax's report is that the number of car sales going through t
- [By Ben Eisen and Saumya Vaishampayan]
Shares of CarMax (KMX) �took a beating, finishing down 9.4% for the worst loss among S&P 500 components. The used-car seller said Friday its third-quarter profit rose to $106.5 million, or 47 cents a share, from $94.7 million, or 41 cents a share, in the year-ago period. Revenue rose to $2.9 billion from $2.6 billion. The company�� per-share profit missed expectations of 48 cents a share.
- [By Rex Moore]
In this installment of Investor Beat, Motley Fool analysts Matt Koppenheffer and Jason Moser explain why they're keeping a close eye on shares of CarMax (NYSE: KMX ) and Facebook (NASDAQ: FB ) .
Top 10 Retail Stocks For 2014: Susser Holdings Corporation(SUSS)
Susser Holdings Corporation, together with its subsidiaries, operates convenience stores in Texas, New Mexico, and Oklahoma. The company operates in two segments, Retail and Wholesale. The Retail segment operates convenience stores that offer merchandise, food service, and motor fuel, as well as provides other services, including car washes, lottery, ATM, money orders, prepaid phone cards and wireless services, and movie rentals. As of January 1, 2012, it operated 541 convenience stores under the Stripes brand name. The Wholesale segment distributes motor fuel to its retail convenience stores, contracted independent operators of convenience stores, unbranded convenience stores, unattended fueling facilities, and other end users in Texas, New Mexico, Oklahoma, and Louisiana. The company also offers environmental, maintenance, and construction management services to the petroleum industry; and sells and installs motor fuel dispensers and tanks, as well as provides a range of environmental consulting services, such as hydrocarbon remediation, and Phase I and II site assessments for its stores and outside customers. Susser Holdings Corporation is based in Corpus Christi, Texas.
Advisors' Opinion:- [By Jake L'Ecuyer]
Equities Trading UP
Susser Holdings (NYSE: SUSS) shares shot up 35.74 percent to $77.41 after Energy Transfer Partners LP (NYSE: ETP) announced its plans to acquire Susser Holdings in a deal valued at around $1.8 billion. - [By Jake L'Ecuyer]
Equities Trading UP
Susser Holdings (NYSE: SUSS) shares shot up 36.36 percent to $77.76 after Energy Transfer Partners LP (NYSE: ETP) announced its plans to acquire Susser Holdings in a deal valued at around $1.8 billion. - [By Lisa Levin]
Susser Holdings (NYSE: SUSS) shares rose 36.54% to $77.87. The volume of Susser Holdings shares traded was 1198% higher than normal. Energy Transfer Partners LP (NYSE: ETP) announced its plans to acquire Susser Holdings in a deal valued at around $1.8 billion.
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