Partners on Ockham

“… >> the stock, I don’t know how that stock ever survives. Because you have to give up so much of the ownership to creditors, et cetera. >> FORD is up on an otherwise we’re coming up on the top of the hour when the latest minutes from the fed will be released. That ought to be interesting. Erin burnett will have that …” …more details…

“… But the first half will be a this is definitely a head fake. We would wait for prices to come down before we get more aggressive in this sector. >> PIPER JAFFRAY saying footwear and access ris are actually up when it comes to teen buying. Those are two areas that they’re feeling good about in discretionary items. >> but as strong as a lot of …” …more details…

“… Do you agree with that? And what are you expecting as we go into this key period as a number of the major retailers? >> you have the easter shift which is going to basically cut down results for everyone. But this is WALMART’s time. This is the discounting time, the time to shine. We have consumers who are worried about their paychecks who are still seeing increasing if you are worried about your paycheck, you are not shopping at saks. >> once the economy improves those who have embraced WALMART will go back to their old buying others say this downturn has been so dramatic that these are permanent or much longer lasting changes in habits. >> that’s a huge opportunity for WALMART can convince that customer to stay. About themselves, they are going to move up. But the question is will WALMART be able to keep some of those people down there? That’s the big issue. You won’t have someone who always shops at saks, but then sometimes at WALMART. >> why didn’t target if discounting is so great, why didn’t target benefit? It just lost out and WALMART target went upscale in their ad campaign. Suddenly they’re a hip spot to be instead of emphasizing price. >> target sells toothpaste just like WALMART and they sell gross what happened here is that WALMART has really raised the ant ante in terms of apparel. We used to hear about isaac mizrahi. WALMART won’t have these designers. But they have added ocean and the apparel, which used to be a huge achilles’ heel for WALMART is now it’s their strength. This is hurting target now. >> a big perception problem for about 40% of their sales come from discretionary items like home goods and clothing. Their shopper had more income. They were about $65,000 a year in income. WALMART, 50% of their sales in the past year came from the grocery aisle. And target’s now trying to merchandise around that. And to reclaim that discounter …” …more details…

“… To move up. But the question is will walmart be able to keep some of those people down there? That’s the big issue. You won’t have someone who always shops at SAKS, but then sometimes at walmart. >> why didn’t target if discounting is so great, why didn’t target benefit? It just lost out and walmart target went upscale in their ad …” …more details…

“… We have consumers who are worried about their paychecks who are still seeing increasing if you are worried about your paycheck, you are not shopping at SAKS. >> once the economy improves those who have embraced walmart will go back to their old buying others say this downturn has been so dramatic that these are …” …more details…

“… As one analyst said to me, you can divide those who read "usa today" and those who read "the you’re starting to see those "journal" readers come into WALMART and trade down. There’s some truth to that theory being played out. >> let’s talk more about that. Stay with us, margaret, to do let’s bring in retail analyst nice to have you here. …” …more details…

“… And I think we’re going to see that in the march numbers. >> the a harsh reality, but if there is a beneficiary of job losses and an increase in food stamp benefits, it’s walmart according to MORGAN STANLEY. 49% of its sales in the past year were from groceries. They’re seeing more traffic in households with income of $65,000 and above. That’s significant because up till recently, their average …” …more details…

“… Recovery is to find a less negative trend. And I think we’re going to see that in the march numbers. >> the a harsh reality, but if there is a beneficiary of job losses and an increase in food stamp benefits, it’s WALMART according to morgan stanley. 49% of its sales in the past year were from groceries. They’re seeing more traffic in households with income of $65,000 and above. That’s significant because up …” …more details…

“… Prices and warmer weather helping the first spring buying. But goldman sachs out this week warning the recent run-up in retail stocks is going to recede PIPER JAFFRAY says when it comes to sales wear not in a consumer recovery. >> the stabilization we’re experiencing right now in retail is not a positive stabilization in a sense that it’s starting to …” …more details…

“… Department stores like saks, nordstrom, jcpenney. They’re hopeful we may see some up side surprises from the lower prices and warmer weather helping the first spring buying. But GOLDMAN SACHS out this week warning the recent run-up in retail stocks is going to recede piper jaffray says when it comes to sales wear not in a consumer recovery. …” …more details…