By Jeff Bailey
It�� not every day that a New York Stock Exchange-listed company has its very reason for being questioned in the New York Times, but that�� what happened to GNC Holdings GNC Holdings, the supplements and vitamins retailer.
In the Times weekly Science section, the paper reported on an editorial in the journal Annals of Internal Medicine, which was headlined rather unambiguously, ��nough Is Enough: Stop Wasting Money on Vitamin and Mineral Supplements.��/p>
The Times summed up the article thusly:
��he message is simple,��the editorial continued. ��ost supplements do not prevent chronic disease or death, their use is not justified, and they should be avoided.��/p>
��e have so much information from so many studies,��Dr. Cynthia Mulrow, senior deputy editor of Annals of Internal Medicine and an author of the editorial, said in an interview. ��e don�� need a lot more evidence to put this to bed.��/p>
Top Construction Stocks For 2016: McDonald's Corporation(MCD)
McDonald?s Corporation, together with its subsidiaries, operates as a worldwide foodservice retailer. It franchises and operates McDonald?s restaurants that offer various food items, soft drinks, coffee, and other beverages. As of December 31, 2009, the company operated 32,478 restaurants in 117 countries, of which 26,216 were operated by franchisees; and 6,262 were operated by the company. McDonald?s Corporation was founded in 1948 and is based in Oak Brook, Illinois.
Advisors' Opinion:- [By Andr茅s Cardenal]
The war for breakfast is getting hotter than ever, with big fast-food companies such as Yum! Brands (NYSE: YUM ) , McDonald's (NYSE: MCD ) , and Burger King (NYSE: BKW ) intensifying their competitive pressure in that lucrative niche. On the other hand, at the higher end of the pricing spectrum, Starbucks (NASDAQ: SBUX ) could be a clear winner in that competition thanks to its differentiated quality and successful menu innovations.
- [By Jayson Derrick]
Analysts at Citigroup maintained a Neutral rating on McDonald's (NYSE: MCD) with a price target lowered to $103 from a previous $106. Shares gained 0.14 percent, closing at $95.95.
- [By Patrick M. Sheridan]
The fight for higher wages has been a recent theme across the retail and fast-food industries. McDonald's (MCD) workers and union organizers have staged strikes, even taking protests to the annual shareholder meeting last month.
Hot Retail Companies To Invest In 2015: J.C. Penney Company Inc. Holding Company(JCP)
J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. It also provides various services, such as styling salon, optical, portrait photography, and custom decorating. The company also sells its products through its Internet Web site, jcp.com. J. C. Penney Company, Inc. has strategic alliance with Martha Stewart Living Omnimedia, Inc. As of December 7, 2011, it operated approximately 1,100 department stores. The company was founded in 1902 and is based in Plano, Texas.
Advisors' Opinion:- [By Rich Duprey]
The combination of the two retailers will create the fourth largest retailer of menswear, behind department-store chains Macy's (NYSE: M ) , Kohl's (NYSE: KSS ) , and�J.C. Penney (NYSE: JCP ) with�1,700 stores, 23,000 employees, and pro forma sales of $3.5 billion. Yet Men's Wearhouse has rightly said it's not going to rebrand Bank's stores in recognition of the two companies' separate customer bases and different corporate cultures.
- [By Will Ashworth]
However, the reports of JCPenney�� (JCP) death have been greatly exaggerated.
JCP stock finished Friday up roughly 13% on very heavy trading after reporting anything but mediocre Q1 earnings. In the conference call, Ullman let investors know the first two phases of its turnaround plan were complete. It�� now moving into the third phase, which involves returning JCPenney to long-term profitability.
- [By Jason Hall]
J.C. Penney� (NYSE: JCP ) potentially destroyed huge amounts of shareholder wealth last week with a 44% dilution of shareholders in what could be management's last chance to return the company to relevance with close to $1 billion in new cash. Just a few weeks prior,�Clean Energy Fuels� (NASDAQ: CLNE ) issued $220 million in convertible notes, paying 5.25% interest to bondholders while also seeing CEO Andrew Littlefair buy almost $1.5 million in shares.�
- [By Matt Brownell]
Getty ImagesStarbucks Chairman Howard Schultz (left) and William "Bill" Ackman, founder and chief executive officer of Pershing Square Capital Management. Oh, you thought everything would get back to normal at J.C. Penney (JCP) once Ron Johnson was gone? Just four months after Johnson was ousted as CEO, the struggling retailer once again finds itself embroiled in a leadership controversy. Activist investor Bill Ackman, who was responsible for bringing on Johnson in the first place, is now making noise about replacing current CEO Myron Ullman. Ullman had preceded Johnson as CEO, and was brought back by the board in April to stabilize things after Johnson's disastrous reign. Ackman's Pershing Square Capital Management represents one of the company's biggest investors, and despite the failure of his last hand-picked chief executive, Ackman hasn't hesitated to throw his weight around. Last week, he sent a letter to the board urging it to speed up it search for a new CEO; the board fired back, calling his efforts "disruptive and counterproductive" and calling Ullman "the right person to rebuild J.C. Penney." Ackman is also pushing for Allen Questrom, another former CEO, to replace Tom Engibous as chairman of the board. Ackman's efforts to undermine the current leadership have drawn sharp rebukes from outside the company. Most notably, Starbucks (SBUX) CEO Howard Schultz jumped into the fray late last week, blasting Ackman for trying to oust Ullman. "It is despicable of Ackman to leak a letter asking for [Ullman's] removal," he told the Wall Street Journal. "The irony is that Ackman himself has every step of the way severely damaged this company." Schultz also told CNBC that he thought the board should move to remove Ackman. Schultz isn't the only one weighing in on the controversy. Bloomberg reports that George Soros -- who owns a sizable stake in the company -- likewise told J.C. Penney that he supports Ullman and Engibous. But Ackman isn't without allies: Rich
Hot Retail Companies To Invest In 2015: Office Depot Inc.(ODP)
Office Depot, Inc., together with its subsidiaries, supplies office products and services. Its North American Retail division sells an assortment of merchandise, such as general office supplies, computer supplies, business machines and related supplies, and office furniture under various labels, including Office Depot, Viking Office Products, Foray, Ativa, Break Escapes, Niceday, and Worklife through its chain of office supply stores. It also provides printing, reproduction, mailing, shipping, and other services, as well as personal computer support and network installation service. As of December 25, 2010, this division operated 1,147 office supply stores in the United States and Canada. The company?s North American Business Solutions division sells nationally branded and private brand office supplies, technology products, furniture, and services to small- to medium-sized customers through a dedicated sales force, catalogs, and Internet. Its International division sells o ffice products and services through direct mail catalogs, contract sales forces, Internet sites, and retail stores using a mix of company-owned operations, joint ventures, licensing and franchise agreements, alliances, and other arrangements. As of December 25, 2010, it sold its office products to customers in 53 countries in North America, Europe, Asia, and Latin America. This division operated, through wholly-owned or majority-owned entities, 97 retail stores in France, Hungary, South Korea, and Sweden; and participates under licensing and merchandise arrangements in South Korea, Thailand, India, Israel, Japan, and the Middle East. The company was founded in 1986 and is headquartered in Boca Raton, Florida.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Richard Drew/AP BOCA RATON, Fla. -- Office Depot is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations that can be consolidated. The combined company's financial results beat Wall Street estimates for the January-March quarter and it raised its full year forecast for operating income Tuesday. Office Depot (ODP) shares jumped 17 percent in morning trading. The office supply retailer had 1,900 stores in the U.S. at the end of the first quarter, so the plans call for closing about 21 percent of them. Office Depot and OfficeMax Inc. completed their $1.2 billion deal last November. Office Depot said it hasn't quantified the number of jobs that will be affected by the store closures but that it will look to place its best talent impacted by the store closings into new roles, wherever possible. Chairman and CEO Roland Smith said in a statement that one of the company's goals this year was to improve how its stores are positioned in North America to meet customer demand better and ensure that it's well positioned in the markets it serves. "The overlapping retail footprint resulting from the merger provides us with a unique opportunity to consolidate and optimize our store portfolio, while maintaining the retail presence necessary to serve our customer," Smith said. Office Depot said Tuesday that it expects to close 150 U.S. stores this year, mostly in the fourth quarter. It closed 14 stores in the first quarter, a company spokeswoman said. All of the store closures are anticipated to occur by the end of 2016. The store closings are expected to result in at least $75 million in annual savings by 2016's end and add to earnings starting next year. Office Depot, which is based in Boca Raton, Florida, said that it's still trying to determine expected working capital savings and costs related to the store closings. The company also reported its first-quarter financial results Tuesday, which includ
- [By Charley Blaine]
Best Buy Co., Inc. (NYSE: BBY) wasn�� the only stock hit by its admission that deep discounting failed to boost holiday sales. Investors dumped Best Buy shares heavily in response, and they drove down shares of Staples, Inc. (NASDAQ: SPLS) and Office Depot, Inc. (NYSE: ODP) as well. Neither has shown anything along the lines of Best Buy’s holiday disappointment, but investors are shooting them as well.
- [By Amanda Alix]
Last Friday saw Target and a slew of others,�such as JCPenney (NYSE: JCP ) and Office Depot (NYSE: ODP ) , file their own lawsuits, citing the same complaints as the Walmart crew. In response, Visa and MasterCard have sued right back, requesting a judge to rule in favor of the card issuers' fee structure and implementation practices.
Hot Retail Companies To Invest In 2015: Pier 1 Imports Inc (PIR)
Pier 1 Imports, Inc. (Pier 1 Imports), incorporated in April 30, 1986, is a global importer of imported decorative home furnishings and gifts. As of March 2, 2013, the Company had 1,062 stores in the United States and Canada. During the fiscal year ended March 2, 2013 (fiscal 2013), the Company opened 22 new Pier 1 Imports stores and closed 12 stores. The Company operates regional distribution center facilities in or near Baltimore, Maryland; Columbus, Ohio; Fort Worth, Texas; Ontario, California; Savannah, Georgia, and Tacoma, Washington. The specialty retail operations of the Company consist of retail stores and e-Commerce operations conducting business under the name Pier 1 Imports, which sell a range of furniture, decorative home furnishings, dining and kitchen goods, candles, gifts and other specialty items for the home.
As of March 2, 2013, the Company operated 982 Pier 1 Imports stores in the United States and 80 Pier 1 Imports stores in Canada. During fiscal 2013, the Company supplied merchandise and licensed the Pier 1 Imports name to Grupo Sanborns, which sold Pier 1 Imports merchandise primarily in a store within a store format in 49 Sears Mexico stores and one store in El Salvador. The stores consist of freestanding units located near shopping centers or malls and in-line positions in major shopping centers. Pier 1 Imports operates in all major United States metropolitan areas and many of the primary smaller markets.
Decorative Accessories
This merchandise group constitutes the range of category of merchandise in Pier 1 Imports��sales mix. These items are imported primarily from Asian and European countries, as well as some domestic sources. This merchandise group includes decorative accents, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, bath and fragrance products, candles, seasonal and gift items.
Furniture
This merchandise group consists of furniture and furniture cushions to be used in livin! g, dining, office, kitchen and bedroom areas, sunrooms and on patios. Also included in this group are wall decorations and mirrors. These goods are imported from a variety of countries such as Vietnam, Malaysia, Brazil, Thailand, China, the Philippines, India and Indonesia, and are also obtained from domestic sources. This merchandise group is made of metal or handcrafted natural materials, including rattan, pine, beech, rubberwood and selected hardwoods with either natural, stained, painted or upholstered finishes.
Advisors' Opinion:- [By John Kell]
Among the companies with shares expected to actively trade in Friday’s session are Deckers Outdoor Corp.(DECK), KBR Inc.(KBR) and Pier 1 Imports Inc.(PIR)
- [By Peter Graham]
The Q1 2014�earning report for furniture retailer Williams-Sonoma, Inc (NYSE: WSM), a peer of stocks like Bed Bath & Beyond Inc (NASDAQ: BBBY), Pier 1 Imports Inc (NYSE: PIR) and Restoration Hardware Holdings Inc (NYSE: RH), is scheduled for after the market closes on�Wednesday. Aside from the Williams-Sonoma's earnings report, it should be said that Bed Bath & Beyond Inc reported Q4 2013 earnings on April 9 and will report Q1 2014 earnings on June 23rd; Pier 1 Imports Inc reported Q4 2014 earnings on April 10 and will report Q1 2014 earnings around June 16th; and Restoration Hardware Holdings reported Q4 2013 earnings on March 27 and will report Q1 2014 earnings on June 2nd. However and unlike many other retailers,�Williams-Sonoma is going into the first quarter after having a great holiday season.
- [By Jake L'Ecuyer]
Equities Trading DOWN
Shares of Pier 1 Imports (NYSE: PIR) were down 12.33 percent to $20.45 after the company reported weak December sales and lowered its outlook. - [By Jake L'Ecuyer]
Equities Trading DOWN
Shares of Pier 1 Imports (NYSE: PIR) were down 11.84 percent to $20.56 after the company reported weak December sales and lowered its outlook.
Hot Retail Companies To Invest In 2015: Sears Hometown and Outlet Stores Inc (SHOS)
Sears Hometown and Outlet Stores, Inc. (SHO), incorporated on April 23, 2012, is a retailer primarily focused on selling home appliances, hardware, tools and lawn and garden equipment. As of April 28, 2012, the Company and its dealers and franchisees operated 1,238 stores across all 50 states and Puerto Rico, Guam and Bermuda. The Company also provides its customers with a range of services, including home delivery and installation and product protection agreements. SHO operates in two segments: the Sears Hometown and Hardware segment and the Sears Outlet segment.
Sears Hometown
Sears Hometown and Hardware segment�� stores are designed to provide its customers with in-store and online access to a range selection of brands of home appliances, tools, lawn and garden equipment, sporting goods, consumer electronics and household goods, depending on the particular store. Its Sears Outlet stores are designed to provide its customers with in-store and online access to purchase new, one-of-a-kind, out-of-carton, discontinued, obsolete, used, reconditioned, overstocked and scratched and dented products, collectively, outlet-value products, including home appliances, lawn and garden equipment, apparel, mattresses, televisions, sporting goods and tools.
As of April 28, 2012, the Sears Hometown and Hardware segment consisted of 944 Sears Hometown Stores, 96 Sears Hardware Stores and 76 Sears Home Appliance Showrooms. The 944 Sears Hometown Stores are primarily independently owned stores, predominantly located in smaller communities and offering appliances, consumer electronics, lawn and garden equipment, and hardware. Hometown Stores carry y Sears brand products, such as Kenmore, Craftsman, and DieHard, as well as other brands. 96 Sears Hardware Stores are hardware stores that carry Craftsman brand tools and lawn and garden equipment, DieHard brand batteries and other national brands and other home improvement products. 93 of these locations also offer a selection of Kenm! ore and other national brands of home appliances.
Sears Hometown and Hardware business operates through three formats: Sears Hometown Stores (Hometown Stores), Sears Hardware Stores (Hardware Stores), and Sears Home Appliance Showrooms (Home Appliance Showrooms). Hometown Stores offer products and services across a range of merchandise categories, including home appliances, consumer electronics, lawn and garden equipment, sporting goods, tools and household goods. Most of its Hometown Stores carry Sears brand products, such as Kenmore, Craftsman, and DieHard, as well as other national brands. Its Hardware Stores offer products and services across a range of merchandise categories and sales are primarily driven by tools, lawn and garden equipment, home appliances, and other home improvement products. In addition, these stores offer blade sharpening, key cutting and screen repair, as well as products typically found in local hardware stores, such as fasteners, electrical supplies and plumbing supplies. These stores carry Craftsman brand tools and lawn and garden equipment, DieHard brand batteries and a range of national brands and other home improvement products. Its Home Appliance Showrooms offer home appliances and related services in stores primarily located in strip malls and lifestyle centers of metropolitan areas. Home Appliance Showroom sales are primarily driven by big-ticket cooking, laundry and refrigeration home appliances, as well as, in certain stores, mattresses. These stores carry Kenmore and other national brands of home appliances. As of April 28, 2012, out of 76 Home Appliance Showrooms in 19 states, 44 of these stores are owned and operated by franchisees, 30 stores are owned and operated by the Company and two are owned and operated by independent dealers.
Sears Outlet
As of April 28, 2012, the Sears Outlet segment consisted of 122 Sears Outlet Stores. The Company�� Sears Outlet stores provide in-store and online access to purchase outlet-value ! products ! across a range of merchandise categories, including home appliances, consumer electronics, lawn and garden equipment, apparel, sporting goods, tools, and household goods.
The Company competes with Sears Holdings, The Home Depot, Best Buy, Lowe�� and Tractor Supply, Ace Hardware, True Value, HH Gregg and US Appliances.
Advisors' Opinion:- [By James Brumley]
The folks who originally said Eddie Lampert — hedge fund manager, major SHLD shareholder, and now acting Sears CEO — was mostly viewing Sears Holdings as a real estate play have since been vindicated. In addition to the spinoff of Orchard Supply Hardware (OSHWQ) in 2011 and last year’s spinoff of the relatively successful Sears Hometown and Outlet Stores (SHOS), Lampert is now finally getting serious about shedding SHLD department store units. Last year he sold or closed 46 of the company’s 1,300 or so full-line mall stores, vs. letting go of less than 10 in any year since he became a major shareholder back in 2006.