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Is Amazon Approaching Peak Prime Membership?
Thursday, October 27, 2016 - 3:29pm | 270It's common logic that at some point every Amazon.com, Inc. (NASDAQ: AMZN) consumer that plans on purchasing a Prime membership has already done so. In fact, this event may be coming sooner than expected, at least according to Gadfly's Shelly Banjo. According to Banjo, more than 65...
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McDonald's Q3 Shows Some Concerning Trends
Friday, October 21, 2016 - 1:40pm | 406McDonald's Corporation (NYSE: MCD) reported on Friday third-quarter results, which sufficiently satisfied investors' appetite to the point where shares gained more than 2 percent. According to Gadfly's Shelly Banjo, investors are treating McDonald's stock like filet mignon as opposed to what it...
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Are Restaurants In Trouble? Gadfly's Shelly Banjo Thinks So
Friday, October 21, 2016 - 11:36am | 456Gadfly's Shelly Banjo is very blunt in her take on the restaurant sector. Investors should expect to see continued pain as the group continues to report its third-quarter earnings. According to Banjo, sales growth at North American restaurants during the second quarter happened to be the slowest...
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Economists, Retailers Paint Different Pictures Of Consumer Health
Monday, October 10, 2016 - 12:16pm | 409Retail investors hoping for a busy holiday shopping season will either be extremely encouraged or discouraged, and it all depends upon who they listen to. According to Gadfly's Shelly Banjo, retailers are saying their outlook for the holiday season is the "shakiest" it has been in years. For...
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How Desperate Is Sears?
Wednesday, October 5, 2016 - 1:41pm | 426Sears Holdings Corp (NASDAQ: SHLD) has already sold off many of its assets, including Land's End, Sears Hometown and Outlet stores, Sears Canada and Orchard Supply, in addition to having spun off hundreds of stores into a giant real estate investment trust called Seritage Growth Properties (NYSE:...
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Pier 1 Picked The Wrong Time To Go On A Spending Spree
Friday, September 30, 2016 - 1:39pm | 386Pier 1 Imports Inc (NYSE: PIR) picked a bad time to start handing out $1 million cash bonuses to its failing executive team. According to Gadfly's Shelly Banjo, Pier 1 Imports, the struggling home-decor retailer, just handed out a cool million bucks to three top executives as a retention bonus....
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4 Pieces Of Advice For Wal-Mart Now That Jet.com Acquisition Officially Closed
Thursday, September 22, 2016 - 10:36am | 465Wal-Mart Stores, Inc. (NYSE: WMT)'s $3.3 billion acquisition of Jet.com closed Monday, but the retailer's woes won't go away overnight. Bloomberg Gadfly's Shelly Banjo offered four pieces of advice for Wal-Mart that could help close the gap between its online business and Amazon.com, Inc. (NASDAQ:...
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Amazon Vs. The Department Store: The Battle Is Just Beginning
Tuesday, September 20, 2016 - 12:00pm | 435Many investors erroneously undervalue and underestimate just how big Amazon.com, Inc. (NASDAQ: AMZN)'s apparel sales are. According to Gadfly's Shelly Banjo, Amazon first bought Zappos in 2009 and sold consumers basic apparel items such as t-shorts, leggings and jeans. Over the coming...
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Mall Owners To Department Stores: 'See Ya, Wouldn't Want To Be Ya'
Thursday, September 15, 2016 - 7:03am | 415Malls are dying, apparently. So when an anchor tenant like Macy's Inc (NYSE: M) announced plans to close 100 stores it merely sped up the official demise of malls, right? According to Gadfly's Shelly Banjo, this couldn't be further from the truth. In fact, mall owners, such as...
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Weight Watchers Needs A Business Plan, Not A Celebrity 'Front Woman'
Wednesday, September 14, 2016 - 2:28pm | 439If Weight Watchers International, Inc. (NYSE: WTW)'s strategy moving forward is simply finding a new CEO and banking on the popularity of its "front woman" Oprah Winfrey, then the company may be in trouble. According to Bloomberg Gadfly's Shelly Banjo, Weight Watchers' search for a CEO to replace...
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In A Sector Filled With Value Traps, Barclays Still Believes In Buying Best Buy
Tuesday, September 13, 2016 - 1:49pm | 275Despite all the negativity surrounding brick-and-mortar retail, especially in the electronics space, Barclays still believes Best Buy Co Inc (NYSE: BBY) is a compelling value investment. The investment bank said that Best Buy is "well positioned to take modest share within the muted growth...
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Gadfly Breaks Down Chipotle: Ackman's Eyes Bigger Than His Stomach
Wednesday, September 7, 2016 - 7:46am | 391Activist investor Bill Ackman disclosed a 9.9 percent stake in Chipotle Mexican Grill, Inc. (NYSE: CMG). Ackman also noted that Chipotle's stock is "undervalued" and represents an "attractive investment." According to Gadfly's Shelly Banjo and Tara Lachapelle, the...
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All The Chatter On Macy Monetizing Its Real Estate Assets 'Hasn't Amounted To Much Action'
Wednesday, August 31, 2016 - 11:40am | 515Macy's Inc (NYSE: M) has talked a lot about monetizing its real estate assets, but according to Bloomberg Gadfly's Shelly Banjo, all the chatter "hasn't amounted to much action" at a time when its physical stores are actually more valuable than the entire retailing business. In the most recent...
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How Marvin Ellison Used The Home Depot Model To Transform JC Penney
Tuesday, August 30, 2016 - 11:02am | 427The once struggling department store J C Penney Company Inc (NYSE: JCP) is now expected to post a $1 billion profit this year — the first time doing so since 2012. So, What Happened? According to Bloomberg Gadfly's Shelly Banjo, the first step of JC Penney's turnaround was...
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Despite A 10% Plunge, GameStop Showed Signs Its Long-Term Plan Is Working
Friday, August 26, 2016 - 3:33pm | 455The bearish case against owning GameStop Corp. (NYSE: GME) has been well communicated to the market. The company is a retailer of physical hardware and video games that consumers can easily purchase online or download directly through their console. GameStop's stock plunged more than 10 percent on...